Common use of Designated Transactions Clause in Contracts

Designated Transactions. Subject and pursuant to the terms and conditions of the Designated Transaction Agreements, Tastemaker shall transfer to the Designated Buyers the assets specified in the Designated Transaction Agreements in exchange for the consideration payable to Tastemaker, as provided in APPENDIX I hereto. Tastemaker shall be solely responsible for all covenants, representations, warranties, liabilities and obligations of Tastemaker under the Designated Transaction Agreements, and neither Mallinckrodt nor Hercules shall have any responsibilities, liabilities or obligations under the Designated Transaction Agreements. Each of Roche, GRI, Hercules and Mallinckrodt acknowledges and agrees that in entering into, and consummating the transactions contemplated by, and after the consummation of the transactions contemplated by, the Designated 24 Transaction Agreements, the Interested Persons, on behalf of themselves and the Designated Buyers, and the Owners, on behalf of themselves and F&F and Tastemaker, are relying upon, and are entitled to rely upon, the representations, warranties and covenants of Roche, GRI, Hercules and Mallinckrodt set forth in this Agreement.

Designated Transactions. Subject and pursuant to the ----------------------- terms and conditions of the Designated Transaction Agreements, Tastemaker shall transfer to the Designated Buyers the assets specified in the Designated Transaction Agreements in exchange for the consideration payable to Tastemaker, as provided in APPENDIX I hereto. Tastemaker shall be solely responsible for all covenants, representations, warranties, liabilities and obligations of Tastemaker under the Designated Transaction Agreements, and neither Mallinckrodt nor Hercules shall have any responsibilities, liabilities or obligations under the Designated Transaction Agreements. Each of Roche, GRI, Hercules and Mallinckrodt acknowledges and agrees that in entering into, and consummating the transactions contemplated by, and after the consummation of the transactions contemplated by, the Designated 24 Transaction Agreements, the Interested Persons, on behalf of themselves and the Designated Buyers, and the Owners, on behalf of themselves and F&F and Tastemaker, are relying upon, and are entitled to rely upon, the representations, warranties and covenants of Roche, GRI, Hercules and Mallinckrodt set forth in this Agreement.. 2.2