Common use of No Assumption of GGP Liabilities Clause in Contracts

No Assumption of GGP Liabilities. Except as otherwise specifically provided herein or in the Separation Agreement, the Spinco Group shall not assume any liabilities or obligations of GGP or any other member of the GGP Group under any of the GGP Plans or otherwise have any liability with respect to any of the GGP Plans, with respect to any employee of GGP (other than the Business Employees).

Appears in 3 contracts

Samples: Separation Agreement (Rouse Properties, Inc.), Employee Matters Agreement (Rouse Properties, Inc.), Employee Matters Agreement (Rouse Properties, Inc.)

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No Assumption of GGP Liabilities. Except as otherwise specifically provided herein herein, in the Separation Agreement or in the Separation Employee Leasing Agreement, the Spinco Group shall not assume any liabilities or obligations of GGP or any other member of the GGP Group under any of the GGP Plans or otherwise have any liability with respect to any of the GGP Plans, with respect to any employee of GGP (other than the Business Employees).

Appears in 1 contract

Samples: Employee Matters Agreement (Howard Hughes Corp)

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