Common use of Consents Under Assigned Contracts Clause in Contracts

Consents Under Assigned Contracts. Ashland and Marathon shall use their reasonable best efforts (not including the payment of any consideration) to obtain any Consents of third parties necessary to effect the assignment to and assumption by HoldCo of, and the release of Ashland from, the Assigned Contracts (as defined in each of the Maleic Agreement and the VIOC Agreement), including in the case of the Marathon Parties by providing such assurances regarding performance by Merger Sub (as successor to HoldCo) after the Closing as may be reasonably required to obtain such Consents.

Appears in 4 contracts

Samples: Master Agreement (Marathon Oil Corp), Master Agreement (Marathon Oil Corp), Master Agreement (Ashland Inc)

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