Transfers of Assets and Assumption of Liabilities. (a) At or prior to the Separation Time, but in any case prior to the Completion of the IPO, solely with respect to (x) any Corebridge Assets that are not already owned by members of the Corebridge Group or Corebridge Liabilities that are not already liabilities of members of the Corebridge Group and (y) any AIG Assets that are not already owned by members of the AIG Group or AIG Liabilities that are not already liabilities of members of the AIG Group, and excluding Shared Contracts to the extent governed by Section 2.9:
Appears in 2 contracts
Sources: Separation Agreement (American International Group, Inc.), Separation Agreement (Corebridge Financial, Inc.)