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

Sources: Separation and Distribution Agreement (Tyco International LTD /Ber/), Separation and Distribution Agreement (Covidien Ltd.), Separation and Distribution Agreement (Covidien Ltd.)

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

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

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

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

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 TimeDistribution, other than for Sections 2.1, 2.2, 2.3 2.3, 2.11, 2.13, Article III, Article IV, Section 5.5 and 2.7 Article XII, each of which will be effective as of the Effective Time.

Appears in 2 contracts

Sources: Separation and Distribution Agreement (DuPont De Nemours, Inc.), Separation and Distribution Agreement (Qnity Electronics, Inc.)

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 TimeDistribution, other than for Sections 2.1, 2.2, 2.3 2.3, 2.11, 2.12, Article III, Article IV, Section 5.5 and 2.7 Article X each of which will be effective as of the Effective Time.

Appears in 2 contracts

Sources: Separation and Distribution Agreement (Solstice Advanced Materials Inc.), Separation and Distribution Agreement (Solstice Advanced Materials, LLC)

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 TimeDistribution, other than for Sections 2.1, 2.22.3, 2.3 2.11, 2.12, Article III, Article IV, Section 5.5 and 2.7 Article X each of which will be effective as of the Effective Time.

Appears in 1 contract

Sources: Separation and Distribution Agreement (FedEx Freight Holding Company, Inc.)