Treatment of Shared Contracts. Subject to applicable Law and without limiting the generality of the obligations set forth in Section 2.1, unless the Parties otherwise agree or the benefits of any contract, agreement, arrangement, commitment or understanding described in this Section 2.8 are expressly conveyed to the applicable Party pursuant to this Agreement, an Ancillary Agreement or a Management Agreement, any contract or agreement entered into by a member of the DDR Group with a Third Party that is not a RVI Contract, but pursuant to which the RVI Business, as of the Effective Date, has been provided certain revenues or other benefits in respect of the RVI Properties (any such contract or agreement, a “Shared Contract”) shall not be assigned in relevant part to the applicable member(s) of the RVI Group or amended to give the relevant member(s) of the RVI Group any entitlement to such rights and benefits thereunder. Notwithstanding the foregoing, no member of the DDR Group shall be required by this Section 2.8 to maintain in effect any Shared Contract, and no member of the RVI Group shall have any approval or other rights with respect to any amendment, termination or other modification of any Shared Contract.
Appears in 2 contracts
Sources: Separation and Distribution Agreement (DDR Corp), Separation and Distribution Agreement (Retail Value Inc.)