Method of Settlement. Notwithstanding anything herein to the contrary, to the extent possible, any transfer or assumption of Liabilities pursuant to this Article 2 shall be effected, prior to the Distribution Date or as soon thereafter as is reasonably practicable, through a corresponding adjustment in the relevant intercompany account balances of the parties hereto.
Appears in 3 contracts
Samples: Employee Matters Agreement (FRP Holdings, Inc.), Employee Matters Agreement (New Patriot Transportation Holding, Inc.), Employee Matters Agreement (New Patriot Transportation Holding, Inc.)
Method of Settlement. Notwithstanding anything herein to the contrarycontrary but except as set forth in Schedule 2.02, to the extent possible, possible any transfer or assumption of Liabilities pursuant to this Article 2 shall be effected, prior to the Distribution Date or as soon thereafter as is reasonably practicable, through a corresponding adjustment in the relevant intercompany account balances of the parties hereto.
Appears in 3 contracts
Samples: Employee Matters Agreement (Murphy Oil Corp /De), Employee Matters Agreement (Murphy USA Inc.), Employee Matters Agreement (Murphy USA Inc.)
Method of Settlement. Notwithstanding anything herein to the contrarycontrary but except as set forth in Schedule 2.02, to the extent possible, any transfer or assumption of Liabilities (including, where applicable, assets or reserves corresponding to such Liabilities) pursuant to this Article 2 shall be effected, prior to the Distribution Date or as soon thereafter as is reasonably practicable, (through a corresponding adjustment in the relevant intercompany account balances of the parties hereto) or as soon thereafter as is reasonably practicable (through cash payments).
Appears in 2 contracts
Samples: Employee Matters Agreement (TopBuild Corp), Employee Matters Agreement
Method of Settlement. Notwithstanding anything herein to the contrarycontrary but except as set forth in Schedule 2.02, to the extent possible, any transfer or assumption of Liabilities (including, where applicable, assets or reserves corresponding to such Liabilities) or pursuant to this Article 2 shall be effected, prior to the Distribution Date or as soon thereafter as is reasonably practicable, through a corresponding adjustment in the relevant intercompany account balances of the parties hereto.
Appears in 1 contract
