Common use of No Assumption or Transfer of GGP Plans Clause in Contracts

No Assumption or Transfer of GGP Plans. Except as otherwise specifically provided in the Agreement, the Spinco Group shall not assume sponsorship of or any administrative obligations under, or receive any right or interest in any trusts relating to, any assets of or any insurance, administration or other contracts pertaining to, or have any liability with respect to any of the GGP Plans.

Appears in 4 contracts

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

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.