Common use of Conditions Precedent to the Distribution Clause in Contracts

Conditions Precedent to the Distribution. The obligation of Tenneco to cause the Distribution to be consummated shall be subject, at the option of Tenneco, to the fulfillment or waiver, on or prior to the Termination Date, of each of the following conditions.

Appears in 4 contracts

Sources: Distribution Agreement (Pactiv Corp), Distribution Agreement (Tenneco Packaging Inc), Distribution Agreement (Tenneco Packaging Inc)