Common use of Obligations of Parties Clause in Contracts

Obligations of Parties. Each obligation of a Provider hereunder to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (a) if the Provider is not the Company or any of its Affiliates, by AIG to, and to cause such Provider to, take (or refrain from taking) such action and (b) if the Provider is not AIG or any of its Affiliates, by the Company to, and to cause such Provider to, take (or refrain from taking) such action. Each obligation of a Recipient or any of its Affiliates hereunder to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (i) if the Recipient is not AIG or any of its Affiliates, by the Company to, and to cause such Recipient or such Affiliate to, take (or refrain from taking) such action, and (ii) if the Recipient is not the Company or any of its Affiliates, by AIG to, and to cause such Recipient or such Affiliates to, take (or refrain from taking) such action.

Appears in 2 contracts

Samples: Transition Services Agreement (American International Group, Inc.), Transition Services Agreement (Corebridge Financial, Inc.)

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Obligations of Parties. Each obligation of a Provider hereunder under this Agreement to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (a) if the Provider is not the Company Acquiror or any of its Affiliates, by AIG the Parent to, and to cause such Provider to, take (or refrain from taking) such action and (b) if the Provider is not AIG the Parent or any of its Affiliates, by the Company Acquiror to, and to cause such Provider to, take (or refrain from taking) such action. Each obligation of a Recipient or any of its Affiliates hereunder under this Agreement to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (i) if the Recipient is not AIG the Parent or any of its Affiliates, by the Company Acquiror to, and to cause such Recipient or such Affiliate to, take (or refrain from taking) such action, and (ii) if the Recipient is not the Company Acquiror or any of its Affiliates, by AIG the Parent to, and to cause such Recipient or such Affiliates to, take (or refrain from taking) such action.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American International Group Inc), Stock Purchase Agreement (Metlife Inc)

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Obligations of Parties. Each obligation of a Provider hereunder to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (a) if the Provider is not the Company or any of its Affiliates, by AIG MSS to, and to cause such Provider to, take (or refrain from taking) such action and (b) if the Provider is not AIG MSS or any of its Affiliates, by the Company to, and to cause such Provider to, take (or refrain from taking) such action. Each obligation of a Recipient or any of its Affiliates hereunder to take (or refrain from taking) any action hereunder shall be deemed to include an undertaking (i) if the Recipient is not AIG MSS or any of its Affiliates, by the Company to, and to cause such Recipient or such Affiliate to, take (or refrain from taking) such action, and (ii) if the Recipient is not the Company or any of its Affiliates, by AIG MSS to, and to cause such Recipient or such Affiliates to, take (or refrain from taking) such action.

Appears in 2 contracts

Samples: Transition Services Agreement (Brighthouse Financial, Inc.), Transition Services Agreement (Brighthouse Financial, Inc.)

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