Common use of Consummation of the Separation Clause in Contracts

Consummation of the Separation. Agent shall have evidence that the Parent has completed it separation agreement with ▇▇▇▇▇ & Wesson Brands, Inc. and that (a) the Equity Interests of parent is listed on a public stock exchange acceptable to Agent, (b) Parent has entered into a Transition Agreement with ▇▇▇▇▇ & Wesson Brands, Inc., which agreement shall be duly assigned to Agent pursuant to an agreement in form and substance acceptable to Agent, and (c) all releases requested by Agent in connection with the separation agreement with ▇▇▇▇▇ & Wesson Brands, Inc. have been executed and delivered to Agent;

Appears in 2 contracts

Sources: Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (American Outdoor Brands, Inc.)