Examples of Xxxxxx Oil Group in a sentence
If and when such consent, substitution, approval, amendment or release shall be obtained or the Unreleased Xxxxxx USA Liabilities shall otherwise become assignable or able to be novated, Xxxxxx USA shall promptly assign, or cause to be assigned, and Xxxxxx Oil or the applicable member of the Xxxxxx Oil Group shall assume, such Unreleased Xxxxxx Oil Liabilities without exchange of further consideration.
In the event that any member of the Xxxxxx Oil Group, on the one hand, and any member of the Xxxxxx USA Group, on the other hand, files Related Claims under any Shared Policy, each of Xxxxxx Oil and Xxxxxx USA shall receive a pro rata amount of the available insurance proceeds, based on the relationship the Loss incurred by each such party bears to the total Loss to both such parties from the occurrence or event underlying the Related Claims.
If any member of the Xxxxxx Oil Group has any rights or claims against a Third Party insurer or other Third Party in connection with or relating to any Xxxxxx USA Assumed Action, such member shall, subject to Section 2.05, transfer and assign to the applicable member of the Xxxxxx USA Group all such rights or claims and cooperate with the Xxxxxx USA Group in connection with the enforcement and collection thereof.
Students and their guests must surrender their picture ID at the door.
The parties shall use reasonable efforts to settle prior to the Distribution Date (to the extent practicable), all intercompany receivables, payables and other balances, in each case, that arise prior to the Distribution Time between members of the Xxxxxx Oil Group, on the one hand, and members of the Xxxxxx USA Group, on the other hand (“Intercompany Accounts”), by one or more cash payments in satisfaction of such amounts.
No member of the Xxxxxx Oil Group will bear any Liability for the failure of an insurer to pay any claim under any Shared Policy.
Xxxxxx Oil shall cause each of the other members of the Xxxxxx Oil Group to, effective as of the Distribution Time, release and forever discharge each of the Xxxxxx USA Indemnitees as and to the same extent as the release and discharge provided by Xxxxxx Oil pursuant to the foregoing provisions of this Section 6.01(a).
Except as specifically provided otherwise in this Agreement or any Ancillary Agreement, all costs and expenses incurred by the Xxxxxx Oil Group in connection with the Distribution and related transactions shall be paid by Xxxxxx Oil, and all costs and expenses incurred by the Xxxxxx USA Group in connection with the Distribution and related transactions shall be paid by Xxxxxx USA.
Liability for Other Taxes attributable to any member of the Xxxxxx Oil Group and the responsibility for filing all Returns relating to such Other Taxes shall be the sole responsibility of the Xxxxxx Oil Group.
Any and all existing tax sharing agreements or arrangements, written or unwritten, between the Xxxxxx Oil Group and the Deltic Group shall be terminated as of December 31, 1986, and after such date this Agreement shall constitute the sole tax sharing agreement between the Xxxxxx Oil Group and each member of the Deltic Group.