Common use of STRUCTURE; TRANSFERS Clause in Contracts

STRUCTURE; TRANSFERS. For the period from the date of this Agreement until the consummation of the IPO, (i) Duke shall cause DEFS Holding to own and hold all of Duke's Company Interest and no other assets or liabilities, and (ii) Philxxxx xxxll cause (A) PGC to own and hold all of Philxxxx' Xxmpany Interest and no other assets or liabilities and (B) PGCSI to own and hold all of the capital stock of PGC and no other assets or liabilities.

STRUCTURE; TRANSFERS. For the period from the date of this Agreement until the consummation of the IPO, (i) Duke shall cause DEFS Holding to own and hold all of Duke's Company Interest and no other assets or liabilities, and (ii) Philxxxx xxxll Xxxxxxxx shall cause (A) PGC to own and hold all of PhilxxxxXxxxxxxx' Xxmpany Company Interest and no other assets or liabilities and (B) PGCSI to own and hold all of the capital stock of PGC and no other assets or liabilities.

STRUCTURE; TRANSFERS. For the period from the date of this Agreement until the consummation of the IPO, (i) Duke shall cause DEFS Holding to own and hold all of Duke's Company Interest and no other assets or liabilitiesInterest, and (ii) Philxxxx xxxll Xxxxxxxx shall cause (A) PGC to own and hold all of PhilxxxxXxxxxxxx' Xxmpany Company Interest and no other assets or liabilities and (B) PGCSI to own and hold all of the capital stock of PGC and no other assets or liabilities."