Common use of DOCUMENTS FURTHER EVIDENCING TRANSFERS OF ASSETS AND ASSUMPTION OF LIABILITIES Clause in Contracts

DOCUMENTS FURTHER EVIDENCING TRANSFERS OF ASSETS AND ASSUMPTION OF LIABILITIES. In furtherance of the assignment, transfer and conveyance of Teledyne Technologies Assets and the assumption of Teledyne Technologies Liabilities set forth in Section 2.01(a) and (b), (i) TII shall execute and deliver, and shall cause its Subsidiaries to execute and deliver, such further bills of sale, stock powers, certificates of title, assignments of contracts and other instruments of transfer, conveyance and assignment as and to the extent necessary to fully evidence the transfer, conveyance and assignment of all of TII's and its respective Subsidiaries' right, title and interest in and to the Teledyne Technologies Assets to Teledyne Technologies and (ii) Teledyne Technologies shall execute and deliver to TII and its Subsidiaries such further bills of sale, stock powers, certificates of title, assumptions of contracts and other instruments of assumption as and to the extent necessary to fully evidence the valid and effective assumption of the Teledyne Technologies Liabilities by Teledyne Technologies.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Teledyne Technologies Inc), Separation and Distribution Agreement (Allegheny Technologies Inc), Separation and Distribution Agreement (Teledyne Technologies Inc)

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DOCUMENTS FURTHER EVIDENCING TRANSFERS OF ASSETS AND ASSUMPTION OF LIABILITIES. In furtherance of the assignment, transfer and conveyance of Teledyne Technologies Assets and the assumption of Teledyne Technologies Liabilities set forth in Section 2.01(a) and (b), simultaneously with the execution and delivery hereof or as promptly as practicable thereafter, (i) TII shall execute and deliver, and shall cause its Subsidiaries to execute and deliver, such further bills of sale, stock powers, certificates of title, assignments of contracts and other instruments of transfer, conveyance and assignment as and to the extent necessary to fully evidence the transfer, conveyance and assignment of all of TII's and its respective Subsidiaries' right, title and interest in and to the Teledyne Technologies Assets to Teledyne Technologies and (ii) Teledyne Technologies shall execute and deliver to TII and its Subsidiaries such further bills of sale, stock powers, certificates of title, assumptions of contracts and other instruments of assumption as and to the extent necessary to fully evidence the valid and effective assumption of the Teledyne Technologies Liabilities by Teledyne Technologies.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Teledyne Technologies Inc), Separation and Distribution Agreement (Teledyne Technologies Inc)

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