Examples of Retained Matters in a sentence
To the extent such full assignment, transfer or conveyance has not been made or obtained prior to or at the Closing, Transferee agrees that, from and after the Closing, if requested by Transferor, it shall and shall cause Xxxxxxx to, enter into an assignment agreement or similar conveyance document to transfer the Retained Matters from Xxxxxxx to Transferor or its designee.
Transferor owns, holds of record and is the beneficial owner of the Contributed Interests free and clear of all Liens and restrictions on transfer other than (a) those arising pursuant to (i) this Agreement, (ii) Xxxxxxx’x Organizational Documents, (iii) applicable securities Laws or (iv) the Retained Matters, or (b) Liens for Taxes not yet due or delinquent or being contested in good faith.
Further, from and after Closing, to the extent commercially reasonable, Transferee shall, and shall cause Xxxxxxx to, not take any action with the intent to impair the benefits of, or be detrimental to Transferor, Transferor’s Affiliates or Xxxxxxx (solely to the extent relating to the Retained Matters) in the advancement or defense of the Retained Matters.
Except as the Allied Parties may otherwise approve after being given reasonable prior written notice (with such approval not to be unreasonably withheld or delayed), none of the Acquired Ryder Entities will sell, mortgage, pledge, subject to any Lien, lease, buy or otherwise acquire, transfer or dispose of any material property tangible or intangible or interest therein, other than Retained Matters.
In the case of the Depositary Receipts issued in respect of the Priority Shares, the proxy shall be irrevocable and shall cover all Retained Matters.