Examples of Xxxxxx Distribution Agreement in a sentence
No payments or repayments of Incremental Margin shall be made under the Xxxxxx Distribution Agreement with respect to the third quarter of 2008 or thereafter and neither party shall be obligated to make any additional payments or repayments as a result of the calculation of payments of Incremental Margin for the any portion of 2008 prior to the Effective Date.
Xxxxxx Distribution Agreement Exhibit B..........................
Subject to the terms and provisions of this Agreement, each of the Parties hereto shall, and shall cause its subsidiaries to, use all commercially reasonable efforts to take all actions and to do all things necessary, proper or advisable to consummate the transactions contemplated hereby and by the other Transaction Agreements, including, without limitation, with respect to the satisfaction of the conditions set forth in Section 3 of the Xxxxxx Distribution Agreement.
Following such time, if any, as (A) an adjusted Xxxxxx Distribution Ratio has been determined in order to avoid the determination described in Section 5.1(e) hereof or Section 4(a)(i) of the Xxxxxx Distribution Agreement and (B) GM has received each of the GM Financial Advisors Opinions with respect thereto, GM shall, and shall cause Merger Sub to, amend the Xxxxxx Distribution Agreement to reflect the Xxxxxx Distribution Ratio as so adjusted.
The parties hereto shall use all commercially reasonable efforts to cause the shares of Xxxxxx Class A Common Stock and Xxxxxx Class B Common Stock to be issued pursuant to the Xxxxxx Distribution Agreement and the Merger, respectively, to be approved for listing on the NYSE, subject to official notice of issuance, prior to the Closing Date.
The parties hereto agree that representations and warranties of Xxxxxx set forth in this Article 3 have been prepared on a basis that reflects the consummation of the HEC Reorganization (as defined in the Xxxxxx Distribution Agreement, the "HEC Reorganization") and accordingly, all references to Xxxxxx exclude all businesses, assets or obligations of Xxxxxx which will not be such following the consummation of the HEC Reorganization.
Prior to the date hereof, the Board of Directors of Xxxxxx has taken all action necessary to exempt under or make not subject to (x) Section 203 of the DGCL and (y) to its knowledge, any other state takeover law or state law that purports to limit or restrict business combinations or the ability to acquire or vote shares (i) the execution of this Agreement, (ii) the Merger and (iii) the transactions contemplated hereby and by the Xxxxxx Distribution Agreement.
Fol- lowing such time as (i) GM has determined a Xxxxxx Distribution Ratio as contemplated by Section 1.1 above and (ii) each of the GM Financial Advisor Fairness Opinions has been rendered as contemplated by Section 1.1 above, GM and Merger Sub shall en- ter into the Xxxxxx Distribution Agreement, which shall include the Xxxxxx Distribution Ratio as so determined.
Xxxxxx shall promptly furnish Raytheon, and Raytheon shall promptly furnish Xxxxxx and GM, with all information concerning such party as may be requested for inclusion in the Proxy Statement, the Registration Statement and the GM Proxy Statement to be filed with the Commission with respect to the Merger, the GM Merger and the other transactions contemplated by this Agreement and the Xxxxxx Distribution Agreement.
Following such time as (i) GM has determined a Xxxxxx Distribution Ratio as contemplated by Section 1.1 above and (ii) each of the GM Financial Advisor Fairness Opinions has been rendered as contemplated by Section 1.1 above, GM and Merger Sub shall enter into the Xxxxxx Distribution Agreement, which shall include the Xxxxxx Distribution Ratio as so determined.