Examples of NextLevel Systems Distribution Date in a sentence
The parties hereto agree that, from after the NextLevel Systems Distribution Date, nothing herein shall constitute, be construed to be, or create a partnership, joint venture or similar relationship between them, and that any actions performed by or on behalf of another party hereunder shall be as an agent for such other party.
The number of shares with respect to which the Spin-off Options shall be granted shall be the number of shares of NextLevel Systems Common Stock and CommScope Common Stock that the holder of the Current Options would have received in the NextLevel Systems Distribution if he were a holder on the NextLevel Systems Distribution Date of that number of shares of GI Common Stock covered by the Current Option.
Each of the parties hereto shall cause to be performed, and hereby guarantee the performance of, all actions, agreements and obligations set forth herein to be performed by any Subsidiary of such party which is contemplated to be a Subsidiary of such party on and after the NextLevel Systems Distribution Date.
From and after the NextLevel Systems Distribution Date, Insurance Proceeds received with respect to claims, costs, and expenses under the Retrospective-Rated Policies shall be paid, as appropriate, to the Covered Person to which such Insurance Proceeds are due pursuant to the terms of such Policies.
Except as otherwise expressly provided herein, all covenants and agreements of the parties contained in this Agreement shall survive the NextLevel Systems Distribution Date.
If at any time after the NextLevel Systems Distribution Date any further action is necessary or desirable to carry out the purposes of this Agreement, each of NextLevel Systems, CommScope, and GS shall, on the written request of any of them, take (or cause the appropriate member of its Group over which it has direct or indirect legal or effective control to take) all such reasonably necessary or desirable action.
As of the NextLevel Systems Distribution Date, NextLevel Systems shall assume all liabilities under the SERP in respect of the Active Employees and Former Employees of the NextLevel Group.
As promptly as practical after the NextLevel Systems Distribution Date, assets having a fair market value as of the date of transfer equal to the transferred account balances as of such date shall be transferred to a successor trust established by NextLevel Systems in connection with the NextLevel Systems Deferred Compensation Plan or to a successor trust established by CommScope in connection with the CommScope Deferred Compensation Plan, as the case may be.
From and after the NextLevel Systems Distribution Date, Insurance Proceeds received with respect to claims, costs, and expenses under the Occurrence-Based Policies and Claims-Made Policies shall be paid to the Covered Person to which such Insurance Proceeds are due pursuant to the terms of such Policies.
Each of the agreements of the parties herein shall survive the NextLevel Systems Distribution Date.