Common use of Mixed Accounts Clause in Contracts

Mixed Accounts. Except as may otherwise be agreed by the Parties, the Parties shall not seek to assign any accounts receivable or accounts payable relating to both the Abbott Business and the Hospira Business ("MIXED ACCOUNTS"). Abbott and Hospira shall, and shall cause each of their respective Subsidiaries to, take such other reasonable and permissible actions to cause: (i) the Assets associated with that portion of each Mixed Account that relates to the Abbott Business to be enjoyed by Abbott or an Abbott Subsidiary; (ii) the Liabilities associated with that portion of each Mixed Account that relates to the Abbott Business to be borne by Abbott or an Abbott Subsidiary; (iii) the Assets associated with that portion of each Mixed Account that relates to the Hospira Business to be enjoyed by Hospira or a Hospira Subsidiary; and (iv) the Liabilities associated with that portion of each Mixed Account that relates to the Hospira Business to be borne by Hospira or a Hospira Subsidiary.

Mixed Accounts. Except as may otherwise be agreed by the Parties, the Parties shall not seek to assign any accounts receivable or accounts payable relating to both the Abbott Business and the Hospira Business ("MIXED ACCOUNTS"“Mixed Accounts”). Abbott and Hospira shall, and shall cause each of their respective Subsidiaries to, take such other reasonable and permissible actions to cause: (i) the Assets associated with that portion of each Mixed Account that relates to the Abbott Business to be enjoyed by Abbott or an Abbott Subsidiary; (ii) the Liabilities associated with that portion of each Mixed Account that relates to the Abbott Business to be borne by Abbott or an Abbott Subsidiary; (iii) the Assets associated with that portion of each Mixed Account that relates to the Hospira Business to be enjoyed by Hospira or a Hospira Subsidiary; and (iv) the Liabilities associated with that portion of each Mixed Account that relates to the Hospira Business to be borne by Hospira or a Hospira Subsidiary.