Reorganisation Agreements definition
Examples of Reorganisation Agreements in a sentence
Such agreements provide, inter alia, for the transfer of certain assets and liabilities, the exclusion of certain assets and liabilities and the giving of certain indemnities in relation thereto, as more particularly described in the Reorganisation Agreements.
Each of the Parties agrees that the provisions of this Agreement and the Reorganisation Agreements are fair and reasonable.
This Agreement and the other Reorganisation Agreements are personal to the Parties.
The consideration for any transfer of the Relevant Innovene Asset shall be determined on the same basis as would have been the case had the Relevant Innovene Asset been transferred at the same time as the other assets the subject of the Reorganisation Agreements or, if there are no comparable assets, then at market value at the time of the transfer.
The Cordiant Parties agree and undertake to indemnify and hold harmless the Investor from all Loss incurred by the Investor in connection with any of the matters and actions contemplated by the Reorganisation Agenda and the Reorganisation Agreements other than any Tax payable by any party as a consequence of any action taken pursuant to the Reorganisation Agenda or the Reorganisation Agreements.
It is intended that the Business be transferred by the Seller's Group to the Target Group prior to or at Completion pursuant to the terms of this Agreement and the Reorganisation Agreements and in accordance with the Reorganisation Steps Plan.
On 1 April 2005, the BP Group reorganised the business and companies comprising its global olefins and derivatives operations, its H▇▇▇▇ fractionation operations and its Grangemouth and L▇▇▇▇▇ refining operations pursuant to, inter alia, the Reorganisation Agreements (the “Reorganisation”).
It is not the purpose of this Clause 2 to provide an alternative basis for dealing with matters that have already been dealt with by the Reorganisation Agreements or the Interface Agreements.
The Parties undertake to co-operate in good faith following the Completion Date to ensure that they and their respective groups do such acts and things as may reasonably be necessary for the purpose of giving to each group the full benefit of all relevant provisions of this Agreement, the Reorganisation Agreements and the Interface Agreements.
The Pre-Completion Reorganisation Agreements having become effective in accordance with their terms.