Common use of Effective Time; Suspension Clause in Contracts

Effective Time; Suspension. (a) This Agreement shall be effective as of the Effective Time. (b) Notwithstanding Section 1.3(a) above, as between any of the Parties that are Affiliates, the provisions of, and the obligations under, this Agreement shall be suspended as between such Parties until the applicable Relevant Time, other than for Sections 2.1, 2.2, 2.3 and 2.7 each of which will be effective as of the Effective Time.

Appears in 10 contracts

Samples: Separation and Distribution Agreement (Covidien Ltd.), Separation and Distribution Agreement (Cendant Corp), Separation and Distribution Agreement (Tyco Electronics Ltd.)

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Effective Time; Suspension. (a) This Agreement shall be effective as of the Effective Time. (b) Notwithstanding Section 1.3(a) above, solely as between any of the Parties that are Affiliates, the provisions of, and the obligations under, this Agreement shall be suspended as between such Parties until the applicable Relevant Time, other than for Sections 2.1, 2.2, 2.3 and 2.7 2.8 each of which will be effective as of the Effective Time.

Appears in 7 contracts

Samples: Separation and Distribution Agreement (Xperi Inc.), Separation and Distribution Agreement (Xperi Inc.), Separation and Distribution Agreement (Corteva, Inc.)

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Effective Time; Suspension. (a) This Agreement shall be effective as of the Effective Time. (b) Notwithstanding Section 1.3(a) above, as between any of the Parties that are Affiliates, the provisions of, and the obligations under, this Agreement shall be suspended as between such Parties until the applicable Relevant Time, other than for Sections Section 2.1, Section 2.2, Section 2.3 and 2.7 Section 2.8, each of which will be effective as of the Effective Time.

Appears in 5 contracts

Samples: Separation and Distribution Agreement (Donnelley Financial Solutions, Inc.), Separation and Distribution Agreement (Donnelley Financial Solutions, Inc.), Separation and Distribution Agreement (LSC Communications, Inc.)

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