Common use of Canadian Restructuring Clause in Contracts

Canadian Restructuring. Agribrands shall form a new wholly-owned ---------------------- subsidiary, Newco Canada. Agribrands shall contribute capital to Newco Canada in an amount sufficient to purchase, and shall cause Newco Canada to purchase, all of the assets and liabilities associated with the portion of the Agribusiness owned and conducted by ▇▇▇▇▇▇▇ Purina Canada Inc., as set forth on Schedule 2.01(b). The purchase price shall be equal to the Fair Market Value of such assets.

Canadian Restructuring. Agribrands shall form a new wholly-owned ---------------------- subsidiary, Newco Canada. Agribrands shall contribute capital to Newco Canada in an amount sufficient to purchase, and shall cause Newco Canada to purchase, all of the assets and liabilities associated with the portion of the Agribusiness owned and conducted by ▇▇▇▇▇▇▇ Ralston Purina Canada Inc., as set forth on Schedule fort▇ ▇▇ ▇chedule 2.01(b). The purchase price shall be equal to the Fair Market Value of such assets.