Common use of Local Actions Clause in Contracts

Local Actions. Buyer shall, either directly or through one or more Subsidiaries, take all actions required of it (consistent with this Agreement and the Allocation) and enter into all agreements and instruments (in form reasonably satisfactory to Parent) in each applicable jurisdiction necessary to effect the transfer of the Purchased Entities and Purchased Assets and to assume the Assumed Liabilities and to otherwise comply with its obligations in this Agreement.

Local Actions. (a) Buyer Parent shall, either directly or through one or more Subsidiariesof its Affiliates, take all actions required of it (consistent with this Agreement and the AllocationAgreement) and enter into all agreements and instruments (in form reasonably satisfactory to Seller Parent) in each applicable jurisdiction necessary to effect the transfer of the Purchased Entities and Purchased Assets and to assume the Assumed Liabilities and to otherwise comply with its obligations in this Agreement.