Common use of Effect If Effective Time Does Not Occur Clause in Contracts

Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated prior to the Distribution Date, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution Date, or Immediately after the Distribution Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the Parties.

Appears in 5 contracts

Samples: Employee Matters Agreement (Ticketmaster), Employee Matters Agreement (Ticketmaster), Employee Matters Agreement (Tree.com, Inc.)

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Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated prior to the Distribution DateEffective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution DateEffective Time, or Immediately after as of the Distribution Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the PartiesHP and Enterprise.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Hp Inc), Employee Matters Agreement (Hewlett Packard Enterprise Co)

Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated in accordance with its terms prior to the Distribution DateEffective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution Date, or Immediately after the Distribution Date, or otherwise in connection with the Separation TransactionsEffective Time, shall not be taken or occur except to the extent specifically agreed by the Partiesoccur.

Appears in 4 contracts

Samples: Employee Matters Agreement (3m Co), Employee Matters Agreement (Solventum Corp), Employee Matters Agreement (Solventum Corp)

Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated prior to the Distribution DateEffective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution DateEffective Time, or Immediately after as of the Distribution Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the Parties.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (DXC Technology Co), Employee Matters Agreement (Everett SpinCo, Inc.)

Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated prior to the Distribution DateEffective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution DateEffective Time, or Immediately after the Distribution Effective Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the PartiesExpedia and TripAdvisor.

Appears in 2 contracts

Samples: Employee Matters Agreement (Expedia, Inc.), Employee Matters Agreement (TripAdvisor, Inc.)

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Effect If Effective Time Does Not Occur. If the Separation Agreement is terminated prior to the Distribution Effective Date, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution Effective Date, or Immediately after the Distribution Effective Date, or otherwise in connection with the Separation Transactions, shall not be taken or occur except to the extent specifically agreed by the PartiesIAC and Expedia.

Appears in 2 contracts

Samples: Employee Matters Agreement (Iac/Interactivecorp), Employee Matters Agreement (Expedia, Inc.)

Effect If Effective Time Does Not Occur. If the Separation and Distribution Agreement is terminated in accordance with its terms prior to the Distribution DateEffective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Close of the Distribution DateEffective Time, or Immediately immediately after the Distribution DateEffective Time, or otherwise in connection with the Separation TransactionsSeparation, shall not be taken or occur except to the extent specifically agreed by the PartiesParent and SpinCo.

Appears in 2 contracts

Samples: Employee Matters Agreement (Ingevity Corp), Employee Matters Agreement (Ingevity Corp)

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