Examples of Split Agreement in a sentence
From the date hereof until the Closing Date, Seller shall, and shall cause the Selling Affiliate to take all steps reasonably necessary to carry out and implement the Corporate Split in accordance with the terms set forth in the Corporate Split Agreement.
As of the Amendment Date, the Margin Split Agreement will terminate, and the parties agree that in the event either Party engages in any Customer referrals or design-in activities that lead to sales by the other Party, or distributors or sub-distributors of the other Party, Spansion and Fujitsu will discuss in good faith appropriate compensation to the referring or designing-in Party.
Seller, the Selling Affiliate or the Company has good and marketable title to, or a valid leasehold interest in, each of the Purchased Assets and all assets of the Japan Business transferred from the Selling Affiliate in accordance with the Corporate Split Agreement (the “Japan Assets”) (respectively), free and clear of all Liens other than Permitted Liens.
As at the Closing Date, the Corporate Split has been completed in accordance with the Corporate Split Agreement in all respects.
Seller or the Selling Affiliate shall obtain Purchaser’s prior written consent in each instance to effectuate any revisions to the Corporate Split Agreement, which consent Purchaser shall not unreasonably withhold.
Rights and obligations to be succeeded to by the successor company On the effective date of the Split, VGEL will succeed to the assets, liabilities, contractual statuses and other rights and obligations related to UKC’s device business except those otherwise specified in the Absorption-type Company Split Agreement.
The Company will succeed to the assets, liabilities and other rights and obligations held by Alpine in relation to the Succeeded Business as of the effective date which are set out in the Absorption-type Company Split Agreement.
The Company Split Agreement, the IP Assignment and the deeds, endorsements, assignments and other instruments to be executed and delivered by Seller to Purchaser at the Closing will be valid and binding obligations of Seller, enforceable in accordance with their respective terms, and will effectively vest in Purchaser good, valid and marketable title to, and ownership of, all the Purchased Assets free and clear of all Encumbrances, except Permitted Encumbrances.
The Absorption-Type Company Split Agreement was approved at the general meeting of the Company's shareholders held on March 22, 2017.
Consolidated Financial Statements (1) Consolidated Financial Statements, Notes (Material Subsequent Events).” (3) Absorption-Type Company Split Agreement The Company approved at its board of directors held on September 30, 2016 the execution of the Absorption-Type Company Split Agreement and executed the same on October 31, 2016.