Merck Assets definition
Examples of Merck Assets in a sentence
Notwithstanding the foregoing, any Delayed Merck Assets or Delayed Merck Liabilities shall continue to constitute Merck Assets or Merck Liabilities, respectively, for all other purposes of this Agreement and the Transaction Documents, regardless of when such Delayed Merck Assets or Delayed Merck Liabilities are assumed by Merck or a Merck Subsidiary or designee.
Merck and Organon shall cause Organon and any Business Entity that shall be an Organon Subsidiary after the Effective Time to contribute, assign, transfer, convey and deliver to Merck or a Business Entity designated by Merck that shall be a Merck Subsidiary after the Effective Time all of Organon’s and such Organon Subsidiary’s respective direct or indirect rights, title and interest in and to all Merck Assets held by Organon or an Organon Subsidiary.