Common use of Transfer and Assignment of Parent Assets Clause in Contracts

Transfer and Assignment of Parent Assets. Parent and Varex shall cause Varex and the Varex Designees to contribute, assign, transfer, convey and deliver to Parent or certain members of the Parent Group designated by Parent, and Parent or such other members of the Parent Group shall accept from Varex and the Varex Designees, all of Varex’s and such Varex Designees’ respective direct or indirect right, title and interest in and to all Parent Assets held by Varex or a Varex Designee; and

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Varex Imaging Corp), Separation and Distribution Agreement (Varian Medical Systems Inc), Separation and Distribution Agreement (Varex Imaging Corp)

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