Examples of SpinCo Policies in a sentence
Attachment 1.62 — SpinCo Employees Attachment 1.63(g) — SpinCo Liabilities Attachment 1.64 — SpinCo Policies Attachment 1.81 — VI This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”), dated as of [·], 2014, is entered into by and between Theravance, Inc., a Delaware corporation (“ParentCo”), and Theravance Biopharma, Inc., a Cayman Islands corporation (“SpinCo”) (each a “Party” and collectively, the “Parties”).
The Class A Holder shall cause SpinCo and its Subsidiaries to maintain the SpinCo Policies in full force and effect for the term of such policies.
Attachment 1.62 — SpinCo Employees Attachment 1.63(g) — SpinCo Liabilities Attachment 1.64 — SpinCo Policies Attachment 1.80— UMEC Attachment 1.81 — VI This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”), dated as of June 1, 2014, is entered into by and between Theravance, Inc., a Delaware corporation (“ParentCo”), and Theravance Biopharma, Inc., a Cayman Islands corporation (“SpinCo”) (each a “Party” and collectively, the “Parties”).
The SpinCo Policies shall be effective as of the Closing Date and shall continue for the period of time described in Schedule 6.17, as applicable.
SpinCo shall have the right but not the obligation to pay the premiums, to the extent that PEI does not pay premiums with respect to Retained Liabilities (retrospectively-rated or otherwise), with respect to Shared Policies and the SpinCo Policies, as required under the terms and conditions of the respective Policies, whereupon PEI shall forthwith reimburse SpinCo for that portion of such premiums paid by SpinCo as are attributable to the Retained Liabilities.
SpinCo shall provide copies of the SpinCo Policies and Procedures, and any changes therein, upon request.