TCC Transfer of Interest in Industrial Group Receivables. Effective as of December 9, 1996, TCC will transfer all of its interest and obligations associated with the receivables relating to the Industrial Business (the "Industrial Receivables"), including TCC's rights and obligations under agreements with ASCC to the extent related to the Industrial Receivables, to a newly formed wholly owned Industrial Company subsidiary ("TMC Texas Inc.") as follows:
Appears in 4 contracts
Samples: Distribution Agreement (Tenneco Inc /De), Distribution Agreement (Tenneco Inc /De), Distribution Agreement (Newport News Shipbuilding Inc)
TCC Transfer of Interest in Industrial Group Receivables. Effective as of December 9, 1996, TCC will transfer all of its interest and obligations associated with the receivables relating to the Industrial Business (the "Industrial ReceivablesINDUSTRIAL RECEIVABLES"), including TCC's rights and obligations under agreements with ASCC to the extent related to the Industrial Receivables, to a newly formed wholly owned Industrial Company subsidiary ("TMC Texas Inc.TEXAS INC.") as follows:
Appears in 1 contract
Samples: Distribution Agreement (El Paso Energy Credit Corp)
