Mail and Other Communications. After the Closing Date, each of Seller Parent and its Subsidiaries and Purchaser and its Subsidiaries may receive mail, packages and other communications properly belonging to the other (or the other’s Subsidiaries). Accordingly, at all times after the Closing Date, each of Seller Parent and Purchaser authorizes the other and their respective Subsidiaries to receive and open all mail, packages and other communications received by it and not unambiguously intended for any other Party (or its Subsidiaries) or any other Party’s (or its Subsidiaries’) officers or directors, and to retain the same to the extent that they relate to the business of the receiving Party or, to the extent that they do not relate to the business of the receiving Party, the receiving Party shall promptly deliver such mail, packages or other communications (or, in case the same relate to both businesses, copies thereof) to the other Party. The provisions of this Section 6.11 are not intended to, and shall not be deemed to, constitute an authorization by either Seller Parent or Purchaser to permit the other to accept service of process on its behalf and neither Party is or shall be deemed to be the agent of the other for service of process purposes.
Appears in 2 contracts
Samples: Stock and Asset Purchase Agreement (Icu Medical Inc/De), Stock and Asset Purchase Agreement (Icu Medical Inc/De)
Mail and Other Communications. After the Closing Date, each of Seller Parent and its Subsidiaries and Purchaser and its Subsidiaries Affiliates may receive mail, packages mail and other communications properly belonging to the other (or the other’s SubsidiariesSubsidiaries or Affiliates). Accordingly, at all times after the Closing Date, each of Seller Parent and Purchaser authorizes the other and their respective Subsidiaries its Affiliates to receive and open all mail, packages mail and other communications received by it and not unambiguously intended for any other Party (or its SubsidiariesAffiliates) or any other Party’s (or its SubsidiariesAffiliates’) officers or directors, and to retain the same to the extent that they relate to the business of the receiving Party orParty; provided that, to the extent that they do not relate to the business of the receiving Party, the receiving Party shall promptly deliver such mail, packages mail or other communications (or, in case the same relate to both businesses, copies thereof) to the other Party. The provisions of this Section 6.11 5.19 are not intended to, and shall not be deemed to, constitute an authorization by either Seller Parent or Purchaser to permit the other to accept service of process on its behalf and neither Party is or shall be deemed to be the agent of the other for service of process purposes.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Agios Pharmaceuticals, Inc.)
Mail and Other Communications. After the Closing IPO Date, each of Seller Parent Intel and its Subsidiaries and Purchaser and its Subsidiaries Mobileye may receive mail, facsimiles, packages and other communications properly belonging to the other (or the other’s Subsidiaries). Accordingly, at all times after the Closing IPO Date, each of Seller Parent Intel and Purchaser Mobileye authorizes the other and their respective Subsidiaries to receive and open all mail, packages and other communications received by it and not unambiguously intended for any the other Party (or its Subsidiaries) or any of the other Party’s (or its Subsidiaries’) officers or directors, and to retain the same to the extent that they relate to the business of the receiving Party or, to the extent that they do not relate to the business of the receiving Party, the receiving Party shall promptly deliver such mail, telegrams, packages or other communications communications, including, without limitation, notices of any liens or encumbrances on any asset transferred to Mobileye in connection with its separation from Intel, (or, in case the same relate to both businesses, copies thereof) to the other PartyParty as provided for in Section 7.6 hereof. The provisions of this Section 6.11 3.7 are not intended to, and shall not not, be deemed to, to constitute (a) an authorization by either Seller Parent Intel or Purchaser Mobileye to permit the other to accept service of process on its behalf and neither Party is or shall be deemed to be the agent of the other for service of process purposespurposes or (b) a waiver of any Privilege with respect to Privileged Information contained in such mail, telegrams, packages or other communications.
Appears in 1 contract
Samples: Master Transaction Agreement (Mobileye Global Inc.)