Common use of Netherlands Business Clause in Contracts

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 (other than this Clause 15.2.1) shall terminate and shall cease to have effect and the sale of the Netherlands Business shall be subject to the provisions of this Agreement as if it were part of the Business to be sold as and from the date of this Agreement; 15.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 14.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 14.2 (other than this Clause 15.2.114.2.1) shall terminate and shall cease to have effect effect, and the sale and purchase of the Netherlands Business shall be subject to the provisions terms of this Agreement as if it were part of the Business to be sold as and had been with effect from the date of this Agreement; 15.2.2 14.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 14.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 14.2 (other than this Clause 15.2.114.2.1) shall terminate and shall cease to have effect effect, and the sale and purchase of the Netherlands Business shall be subject to the provisions terms of this Agreement as if it were part of the Business to be sold as and had been with effect from the date of this Agreement; 15.2.2 14.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Contributed Business” (when used in respect of GlaxoSmithKline) shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 16.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 16.2 (other than this Clause 15.2.116.2.1) shall terminate and shall cease to have effect effect, and the sale of the Netherlands Business shall be subject to the provisions of this Agreement as if it were part of the Business to be sold as and from the date of this Agreement; 15.2.2 16.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 (other than this Clause 15.2.1) shall terminate and shall cease to have effect and the sale of the Netherlands Business shall be subject to the provisions of this Agreement as if it were part of the Business to be sold as and from the date of this Agreement; 15.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 13.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 14.2 (other than this Clause 15.2.114.2.1) shall terminate and shall cease to have effect effect, and the sale and purchase of the Netherlands Business shall be subject to the provisions terms of this Agreement as if it were part of the Business to be sold as and had been with effect from the date of this Agreement; 15.2.2 13.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;

Netherlands Business. Notwithstanding any other provision of this Agreement, this Agreement shall not constitute a binding agreement to sell or purchase the Netherlands Business, provided that: 15.2.1 in the event that the Netherlands Put Option Exercise occurs before Closing, this Clause 15.2 (other than this Clause 15.2.1) shall terminate and shall cease to have effect effect, and the sale of the Netherlands Business shall be subject to the provisions of this Agreement as if it were part of the Business to be sold as and from the date of this Agreement; 15.2.2 in the event that the Netherlands Put Option Exercise does not occur before Closing: (i) the Disapplied Provisions shall not apply to the Netherlands Business; (ii) prior to the Netherlands Closing, the Suspended Provisions shall not apply to the Netherlands Business; and (iii) in respect of the Disapplied Provisions and, prior to the Netherlands Closing, the Suspended Provisions only: (a) the term “Business” shall be deemed to exclude the Netherlands Business;