Common use of Name Change Obligation Clause in Contracts

Name Change Obligation. GCP hereby covenants and agrees that as soon as reasonably practicable, and in no event later than eighteen (18) months, following the Effective Time, or such longer period as may be required by applicable Law, GCP shall, and shall cause each applicable member of the GCP Group to (i) change its legal name to a name that does not include the word “Grace”, nor uses the Grace Name and Xxxxx Xxxxx, and (ii) take such actions as may be necessary to cause any GCP Permits held by each such entity to refer to such new legal name and to eliminate the word “Grace” and any references to the Grace Name and Xxxxx Xxxxx.

Name Change Obligation. GCP hereby covenants and agrees that as soon as reasonably practicable, and in no event later than eighteen (18) months, following the Effective Time, or such longer period as may be required by applicable Law, GCP shall, and shall cause each applicable member of the GCP Group to (i) change its legal name to a name that does not include the word “Grace”, nor uses the Grace Name and Xxxxx Xxxxx, and (ii) take such actions as may be necessary to cause any GCP Permits held by each such entity to refer to such new legal name and to eliminate the word “Grace” and any references to the Grace Name and Xxxxx Xxxxx.. ARTICLE VII DISPUTE RESOLUTION