Common use of Separation Transactions Clause in Contracts

Separation Transactions. Prior to the Distribution, ▇▇▇▇▇▇▇▇-▇▇▇▇▇ shall use commercially reasonable efforts to, and shall cause Halyard and each other Subsidiary of ▇▇▇▇▇▇▇▇-▇▇▇▇▇ to use commercially reasonable efforts to, effect each of the transactions set forth in Schedule 2.1, which transactions shall be accomplished substantially in the order and utilizing the steps described therein, with such modifications, if any, as ▇▇▇▇▇▇▇▇-▇▇▇▇▇ shall determine in its sole discretion are necessary or desirable for efficiency or similar purposes. For the avoidance of doubt, some or all of such transactions and the transactions contemplated under this Article II, may have already been implemented prior to the date hereof.

Appears in 3 contracts

Sources: Distribution Agreement (Halyard Health, Inc.), Distribution Agreement (Halyard Health, Inc.), Distribution Agreement (Halyard Health, Inc.)