Contributions to NBC and NBC Multimedia. (a) Subject to the --------------------------------------- satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and immediately prior to the Effective Time (as defined in Section 3.3), ----------- (i) NBC shall contribute to NBC Multimedia, and NBC Multimedia shall accept, a 10% equity interest in XXXX.xxx, which interest shall be subject to the rights and obligations set forth on Schedule 2.1 and (ii) NBC Multimedia shall dividend ------------ to NBC, and NBC shall accept and assume all the Videoseeker Assets owned by NBC Multimedia and all the Videoseeker Liabilities.
Appears in 2 contracts
Samples: Agreement and Plan (Xoom Inc), Agreement and Plan (General Electric Co)
Contributions to NBC and NBC Multimedia. (a) Subject to the --------------------------------------- satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and immediately prior to the Effective Time (as defined in Section SECTION 3.3), ----------- (i) NBC shall contribute to NBC Multimedia, and NBC Multimedia shall accept, a 10% equity interest in XXXX.xxx, which interest shall be subject to the rights and obligations set forth on Schedule SCHEDULE 2.1 and (ii) NBC Multimedia shall dividend ------------ to NBC, and NBC shall accept and assume assume, all the Videoseeker Assets owned by NBC Multimedia and all the Videoseeker Liabilities.
Appears in 2 contracts
Samples: Agreement and Plan (Xoom Inc), Agreement and Plan (General Electric Co)
Contributions to NBC and NBC Multimedia. (a) Subject to the --------------------------------------- satisfaction or waiver of the conditions set forth in this Agreement, at the Closing and immediately prior to the Effective Time (as defined in Section 3.3), ----------- (i) NBC shall contribute to NBC Multimedia, and NBC Multimedia shall accept, a 10% equity interest in XXXX.xxx, which interest shall be subject to the rights and obligations set forth on Schedule 2.1 and (ii) NBC Multimedia shall dividend ------------ to NBC, and NBC shall accept and assume all the Videoseeker Assets owned by NBC Multimedia and all the Videoseeker Liabilities2.1.
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