Examples of Houston Group in a sentence
The Houston Group and the Seattle Group agree to cooperate with each other regarding the allocation of responsibilities for permits at shared real properties.
If an Action that constitutes solely a Seattle Liability or a Seattle Asset is commenced after the Distribution Time naming a member of the Houston Group as a party thereto, then Seattle shall use its commercially reasonable efforts to cause such member of the Houston Group to be removed as a party to such Action.
From and after the Distribution Time, in the event that one or more member(s) of the Seattle Group and one or more member(s) of the Houston Group is named in an Action that is neither a Seattle Controlled Action nor a Houston Controlled Action (a “Separate Action”), each of Seattle and Houston shall be entitled to assume their own defense and select counsel of their own choosing to defend their respective interests in such Separate Action.
The Tax treatment of the Separation Transactions reported on any Tax Return for which Seattle is the Responsible Company shall be consistent with that on any Tax Return filed or to be filed by Houston or any member of the Houston Group or caused or to be caused to be filed by Houston, unless there is no reasonable basis for such Tax treatment.
If any disclosures are made in connection with providing services to any member of the Houston Group under this Agreement, any other Transaction Document or the Merger Agreement, then the Seattle Confidential Information so disclosed shall be used only as required to perform the services.
If, at any time, Houston or Xxxxxxx acquires or creates one or more affiliates that are includable in the Houston Group or Xxxxxxx Group, as the case may be, they shall be subject to this Agreement and all references to the Houston Group or Xxxxxxx Group, as the case may be, herein shall thereafter include a reference to such affiliates.
Seattle agrees, on behalf of itself and each member of the Seattle Group, from and after the Distribution Time, not to seek through any means to benefit from and not to assert any right, claim or interest in, to or under, any Insurance Policies of any member of the Houston Group, except as permitted under Section 7.3(b).
To the extent that this Agreement allocates to the Seattle Group the Liability for compensation or benefits that will be provided under a Houston Benefit Plan after the Operational Separation Date, or allocates to the Houston Group the Liability for compensation or benefits that will be provided under a Seattle Benefit Plan after the Operational Separation Date, the Party responsible for the Liability under this Agreement will promptly reimburse the Party providing the compensation or benefits.
Xxxxxxx shall be liable for, and shall indemnify and hold harmless the Houston Group from and against any liability for Xxxxxxx Taxes.
The Houston Group and the Seattle Group agree to compute all Taxes for Post-Distribution Periods consistently with the determination of the allocation of Tax Attributes pursuant to this Section 3.07 unless otherwise required by a Final Determination.