Common use of Management of Existing Actions Clause in Contracts

Management of Existing Actions. This Section 7.10 shall govern the management and direction of pending Actions or existing Third-Party Claims set forth in Schedule XXII, Schedule XXIII or Schedule XXIV, in which members of the Honeywell Group or the SpinCo Group are named as parties, but shall not alter the allocation of Liabilities set forth in Article II unless otherwise expressly set forth in this Section 7.10.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Resideo Technologies, Inc.), Separation and Distribution Agreement (Resideo Technologies, Inc.), Separation and Distribution Agreement (Resideo Technologies, Inc.)

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Management of Existing Actions. This Section 7.10 6.10 shall govern the management and direction of pending Actions or existing Third-Party Claims set forth in Schedule XXII, Schedule XXIII or Schedule XXIV, in which members of the Honeywell Group or the SpinCo Group are named as parties, but shall not alter the allocation of Liabilities set forth in Article II unless otherwise expressly set forth in this Section 7.106.10.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Garrett Motion Inc.), Separation and Distribution Agreement (Garrett Motion Inc.), Separation and Distribution Agreement (Garrett Transportation Systems Inc.)

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Management of Existing Actions. This Section 7.10 shall govern the management and direction of pending Actions or existing Third-Party Claims set forth in Schedule XXII, Schedule XXIII or Schedule XXIV, in which members of the Honeywell Group or the SpinCo Group are named as parties, but shall not alter the allocation of Liabilities set forth in Article II unless otherwise expressly set forth in this Section 7.10.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Resideo Technologies, Inc.), Separation and Distribution Agreement (Resideo Technologies, Inc.)

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