Common use of Nature of Liabilities Clause in Contracts

Nature of Liabilities. All Liabilities assumed or retained by a member of the Xxxxxxx Group under this Agreement shall be Xxxxxxx Retained Liabilities for purposes of the Separation Agreement. All Liabilities assumed or retained by a member of the Veralto Group under this Agreement shall be Veralto Liabilities for purposes of the Separation Agreement.

Appears in 4 contracts

Samples: Employee Matters Agreement (Veralto Corp), Employee Matters Agreement (Danaher Corp /De/), Employee Matters Agreement (Veralto Corp)

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Nature of Liabilities. All Liabilities assumed or retained by a member of the Xxxxxxx Group under this Agreement shall be Xxxxxxx Retained Liabilities for purposes of the Separation and Distribution Agreement. All Liabilities assumed or retained by a member of the Veralto Fortive Group under this Agreement shall be Veralto Fortive Liabilities for purposes of the Separation and Distribution Agreement.

Appears in 2 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Fortive Corp)

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Nature of Liabilities. All Liabilities assumed or retained by a member of the Xxxxxxx Group under this Agreement shall be Xxxxxxx Retained Liabilities for purposes of the Separation Agreement. All Liabilities assumed or retained by a member of the Veralto Envista Group under this Agreement shall be Veralto Envista Liabilities for purposes of the Separation Agreement.

Appears in 2 contracts

Samples: Employee Matters Agreement (Envista Holdings Corp), Employee Matters Agreement (Envista Holdings Corp)

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