Common use of Remaining Assets Clause in Contracts

Remaining Assets. On mutual agreement between TI and the Attorney General of New York, a not-for-profit health or child welfare organization will be named as the beneficiary of any TI assets that remain after lawful transfers of assets and satisfaction of TI's employee benefit obligations and any other debts, liabilities or claims.

Appears in 5 contracts

Samples: Master Settlement Agreement (Loews Corp), Master Settlement Agreement (RJR Nabisco Inc), Master Settlement Agreement (Philip Morris Companies Inc)

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Remaining Assets. On mutual agreement between TI and the Attorney General of New YorkYor k, a not-for-profit p rofit health or child welfare organization will be named as the beneficiary of any TI assets that remain after lawful transfers of assets and satisfaction of TI's TI ’s employee benefit obligations and any other debts, liabilities or claims.

Appears in 1 contract

Samples: Master Settlement Agreement

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Remaining Assets. On mutual agreement between TI and the Attorney General of New York, a not-for-profit health or child welfare organization will be named as the beneficiary of any TI assets that remain after lawful transfers of assets and satisfaction of TI's ’s employee benefit obligations and any other debts, liabilities or claims.

Appears in 1 contract

Samples: Settlement Agreement

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