Examples of Asset Transfer Closing in a sentence
Such assignments, transfers and conveyances shall be effective as of the Asset Transfer Closing or at such other times as may be provided in each respective Ancillary Document and shall be subject to the terms and conditions of this Agreement and any applicable Ancillary Document.
No such terminated Contract, agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Asset Transfer Closing.
To the extent any transfers of the Transferred Assets contemplated by Section 2.1(a) have not been fully effected at the Asset Transfer Closing, each of Xxxx Foods and WhiteWave shall cooperate and use commercially reasonable efforts (and shall cause its applicable Group Members to use commercially reasonable efforts) to obtain any necessary Consents or take any other actions necessary to effect such transfers of the Transferred Assets as promptly as practicable following the Asset Transfer Closing.
Unless otherwise provided in any Ancillary Document or prohibited by the terms of such Asset or applicable Law, any Assets deemed to be assigned, transferred or conveyed as of or after the Deemed Separation Date shall be held for the use and benefit, and at the expense, of the Party to whom such Assets shall be assigned, transferred or conveyed pursuant to this Agreement during the period between the Deemed Separation Date and the Asset Transfer Closing.
Following the US Asset Transfer Closing Date, all warehousing and distribution, customer service, service contracts and billing and collection previously performed by Xxxxxx under the Distribution Agreement and the Services Agreement shall be performed with respect to the United States and Canada by or at the direction of Nexell California.
Nexell California hereby makes to Baxter those representations and warranties that are set forth in Section 7 of the Asset Transfer Agreement as of the ROW Asset Transfer Closing Date.
The first Asset Transfer Closing (the “First Asset Transfer Closing”) will involve the delivery of the portion of the Other Business Assets identified in Schedule 1.01(a) as being delivered at the First Asset Transfer Closing (the “First Closing Assets”) and the second Asset Transfer Closing (the “Second Asset Transfer Closing”) shall involve the delivery of the remaining Other Business Assets.
In addition to the consideration payable ------------------- pursuant to Section 2.2 hereof, and subject to the terms and conditions set forth in this Agreement, effective as of the applicable Asset Transfer Closing Date, Nexell California hereby assumes only (i) the US Assumed Liabilities as of the US Asset Transfer Closing Date and (ii) the ROW Assumed Liabilities as of the ROW Asset Transfer Closing Date.
As of the ROW Asset Transfer Closing, the schedules to be delivered by Xxxxxx to Nexell California pursuant to Section 2.4 of this Agreement shall identify those ROW Assigned Agreements for which Xxxxxx has not received the necessary approvals, consents or waivers as of the date of such schedules.
At the request of Nexell California, Xxxxxx shall use its commercially reasonable best efforts, both prior and subsequent to the applicable Asset Transfer Closing Date, to obtain all necessary approvals, consents or waivers necessary to convey to Nexell California each such Assigned Agreement as soon as reasonably practicable; provided, however, that Xxxxxx shall not be required to pay any -------- ------- additional consideration in order to obtain such approvals, consents or waivers.