Common use of Completion of the Separation Clause in Contracts

Completion of the Separation. The Separation shall have been completed and (i) Enovis, as of the Effective Time, shall have no further Liability whatsoever under the ESAB Financing Arrangements (including in connection with any guarantees provided by any member of the Enovis Group) and (ii) ESAB, as of the Effective Time, shall have no further liability whatsoever under the Enovis Financing Arrangements (including in connection with any guarantees provided by any member of the ESAB Group).

Appears in 2 contracts

Sources: Separation and Distribution Agreement (Enovis CORP), Separation and Distribution Agreement (ESAB Corp)