Mixed Contracts. Each Party will assign each Mixed Contract in whole or in part as set out on Schedule 2.06, to the other Party or another member of the other Party’s Group (as designated by that Party) before or as of the Distribution Time. The other Party will be entitled to the rights and benefits of each assigned Mixed Contract and will assume the related portion of any obligations thereunder and any Liabilities inuring to its businesses. If any Mixed Contract cannot be so partially assigned, Sprint and Embarq will, and will cause each member of their respective Groups to, take such other reasonable and permissible actions to cause:
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Embarq CORP), Separation and Distribution Agreement (Embarq CORP), Separation and Distribution Agreement (Embarq CORP)
Mixed Contracts. Each Party will assign each Mixed Contract in whole or in part as part, including those set out forth on Schedule 2.06, to the other Party or another member of the other Party’s Group (as designated by that Party) before or as of the Distribution Time. The other Party will be entitled to the rights and benefits of each assigned Mixed Contract and will assume the related portion of any obligations thereunder and any Liabilities inuring to its businesses. If any Mixed Contract cannot be so partially assigned, Sprint NTELOS and Embarq Wireline will, and will cause each member of their respective Groups to, take such other reasonable and permissible actions to cause:
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Ntelos Holdings Corp), Separation and Distribution Agreement (Lumos Networks Corp.)
Mixed Contracts. Each Party will assign each Mixed Contract in whole or in part as set out on Schedule 2.06, to the other Party or another member of the other Party’s Group (as designated by that Party) before or as of the Distribution Time. The other Party will be entitled to the rights and benefits of each assigned Mixed Contract and will assume the related portion of any obligations thereunder and any Liabilities inuring to its businesses. If any Mixed Contract cannot be so partially assigned, Sprint NTELOS and Embarq Wireline will, and will cause each member of their respective Groups to, take such other reasonable and permissible actions to cause:
Appears in 1 contract
Samples: Separation and Distribution Agreement (NTELOS Wireline One Inc.)
