Common use of Waiver of Bulk-Sale and Bulk-Transfer Laws Clause in Contracts

Waiver of Bulk-Sale and Bulk-Transfer Laws. Adient hereby waives compliance by each and every member of the Xxxxxxx Controls Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Adient Assets to any member of the Adient Group. Xxxxxxx Controls hereby waives compliance by each and every member of the Adient Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Xxxxxxx Controls Assets to any member of the Xxxxxxx Controls Group.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Adient LTD), Separation and Distribution Agreement (Johnson Controls International PLC), Separation and Distribution Agreement (Adient LTD)

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Waiver of Bulk-Sale and Bulk-Transfer Laws. Adient Enhabit hereby waives compliance by each and every member of the Xxxxxxx Controls Encompass Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Adient Enhabit Assets to any member of the Adient Enhabit Group. Xxxxxxx Controls Encompass hereby waives compliance by each and every member of the Adient Enhabit Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Xxxxxxx Controls Encompass Assets to any member of the Xxxxxxx Controls Encompass Group.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Encompass Health Corp), Separation and Distribution Agreement (Enhabit, Inc.), Separation and Distribution Agreement (Enhabit, Inc.)

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Waiver of Bulk-Sale and Bulk-Transfer Laws. Adient Concentrix hereby waives compliance by each and every member of the Xxxxxxx Controls SYNNEX Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Adient Concentrix Assets to any member of the Adient Concentrix Group. Xxxxxxx Controls SYNNEX hereby waives compliance by each and every member of the Adient Concentrix Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Xxxxxxx Controls SYNNEX Assets to any member of the Xxxxxxx Controls SYNNEX Group.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Synnex Corp), Separation and Distribution Agreement (Concentrix Corp), Separation and Distribution Agreement (Concentrix Corp)

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