Common use of Misallocations Clause in Contracts

Misallocations. In the event that at any time or from time to time (whether prior to, on or after the Separation Date), a Party or any of its Subsidiaries shall receive or otherwise possess any Asset that is allocated to any other Person pursuant to this Agreement or any Transaction Document, such Party shall promptly transfer, or cause its Subsidiary to transfer, such Asset to the Person so entitled thereto or such Party’s Subsidiary or designee.

Misallocations. In the event that at any time or from time to time (whether prior to, on at or after the Separation DateEffective Time), a one Party or any of its Subsidiaries shall receive or otherwise possess any Asset that is allocated to any the other Person Party pursuant to this Agreement or any Transaction DocumentAncillary Agreement, such the first Party shall promptly transfer, or cause its Subsidiary to transfer, such Asset to the Person Party so entitled thereto or such Party’s Subsidiary or designee.

Misallocations. In the event that at any time or from time to time (whether prior to, on or after the Separation DateClosing), a Party party or any of its Subsidiaries shall receive or otherwise possess any Asset asset or bear any expense that is allocated to any other Person pursuant to this Agreement or any Transaction Documentother agreements contemplated hereunder, such Party party shall promptly transfertransfer or reimburse, as applicable, or cause its Subsidiary to transfer, or reimburse as applicable, such Asset asset or expense to the Person so entitled thereto or such Partyparty’s Subsidiary or designee.