Condition Precedent to Agreement. The Parties agree that this Agreement shall be null, void and of no effect unless and until the transaction contemplated by the Distribution Agreement has been closed and consummated. In the event the parties to the Distribution Agreement conclude that such transaction shall not be consummated, this Agreement shall be deemed to be terminated and of no further force or effect.
Appears in 8 contracts
Samples: Trademark License Agreement, Trademark License Agreement (Halyard Health, Inc.), Trademark License Agreement (Halyard Health, Inc.)