Examples of Intergroup Indebtedness in a sentence
No such terminated Intergroup Indebtedness shall be of any further force or effect after the Distribution.
Section 1.1 Definitions 2 Section 1.2 References; Interpretation 20 Section 1.3 Effective Time 20 Section 1.4 Other Matters 20 ARTICLE II THE SEPARATION Section 2.1 General 20 Section 2.2 The Separation 21 Section 2.3 Settlement of Intergroup Indebtedness 22 Section 2.4 Bank Accounts; Cash Balances 22 Section 2.5 Limitation of Liability; Termination of Agreements.
Each of Vinco or any member of the Vinco Group, on the one hand, and Cryptyde or any member of the Cryptyde Group, on the other hand, will, repay, defease, capitalize, cancel, forgive, discharge, extinguish, assign, discontinue or otherwise cause to be satisfied, with respect to the other Party, as the case may be, all Intergroup Indebtedness owed or owed by the other Party on or prior to the Distribution, except as otherwise agreed to in good faith by the Parties in writing on or after the date hereof.