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Common use of No Other Events Clause in Contracts

No Other Events. No other events or developments shall have occurred or shall exist that, in the judgment of the Board of Directors of Marathon Oil, in its sole and absolute discretion, would make it inadvisable to effect the Distribution.

Appears in 3 contracts

Sources: Separation and Distribution Agreement, Separation and Distribution Agreement (Marathon Petroleum Corp), Separation and Distribution Agreement (Marathon Petroleum Corp)

Related Clauses

  • No Other Negotiations
  • No Other Rights
  • No Other Terms
  • No Other Relationship
  • No Other Duties

Parent Clauses

  • CONDITIONS TO THE DISTRIBUTION
  • The Distribution and Actions Pending the Distribution
  • Conditions Precedent to Consummation of the Distribution
  • The Distribution
  • COMMERCIALLY REASONABLE EFFORTS

Sub-Clauses

  • Duty to Mitigate Settlements
  • Release of Pre-Distribution Claims
  • Coverage
  • Applicability of and Limitation on Indemnification
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