Common use of Non-Transferred Assets Clause in Contracts

Non-Transferred Assets. (a) If any Party discovers after the Separation Time that a member of the ATS Group has title to, or an interest in, a Photowatt Asset or a member of the Photowatt Group has title to, or an interest in, an ATS Asset (in either case, a “Non-Transferred Asset”), each Party shall (and shall cause the applicable member(s) of its Group to) cooperate and use commercially reasonable efforts to promptly transfer such title or interest to the appropriate Party (or another member of its Group designated by it), including obtaining any necessary consents or approvals or taking any other actions necessary to effect such transfers.

Appears in 5 contracts

Samples: Master Separation Agreement (Photowatt Technologies Inc.), Master Separation Agreement (Photowatt Technologies Inc.), Master Separation Agreement (Photowatt Technologies Inc.)

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