Mixed Contract definition

Mixed Contract has the meaning assigned to such term in Section 2.3(g)(i).

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Mixed Contract means any agreement to which either Party or any of its respective Subsidiaries and one or more Third Parties are a party as of immediately prior to the Effective Time that inures to the benefit or burden of both the Abbott Business and the AbbVie Business, other than those agreements that are described on Schedule 1.01(m).

Mixed Contract means any contract or agreement to which either Party or any of its respective Subsidiaries and one or more Third Parties are a party as of immediately prior to the Effective Time that inures to the benefit or burden of both the Merck Business and the Organon Business, but in any case excluding those contracts or agreements that are intended (as determined by Merck in its sole discretion) to solely be used for the benefit or burden of the Merck Business following the Separation (including, for example, employment agreements with continuing employees of the Merck Business and enterprise-wide contracts for the benefit of Merck and its Subsidiaries prior to the Separation that do not relate specifically to the Organon Business).

Examples of Mixed Contract in a sentence

The other Party will be entitled to the rights and benefits of each assigned Mixed Contract and will assume the related portion of any obligations thereunder and any Liabilities inuring to its businesses.
Each Party will assign each Mixed Contract in whole or in part as set out on Schedule 2.06, to the other Party or another member of the other Party’s Group (as designated by that Party) before or as of the Distribution Time.
The costs of such separation shall be borne by the parties in proportion to the rights and benefits inuring to each of them under the Mixed Contract.
The Seller shall provide the Purchaser with a copy of each Mixed Contract (it being understood that the Parties shall use commercially reasonable efforts to comply, where practicable, with any applicable confidentiality provisions contained in such Mixed Contracts), and the Parties shall cooperate with each other to effect such separation.
Notwithstanding the foregoing, each party shall be responsible for any or all Liabilities arising out of or resulting from its breach of the relevant Mixed Contract by reason of any failure to properly perform its obligations thereunder.

More Definitions of Mixed Contract

Mixed Contract has the meaning set forth in Section 1.1(b).

Mixed Contract is a contract listed in Schedule 2.06.

Mixed Contract means any contract or agreement to which either Party or any of its respective Subsidiaries and one or more Third Parties are a party as of immediately prior to the Effective Time that inures to the benefit or burden of both the Baxter Business and the Baxalta Business, including those contracts and agreements indicated as “mixed” in Schedule 1.01(o), but in any case excluding those contracts or agreements that are intended to solely be used for the benefit or burden of the Baxter Business following the Separation (including, for example, employment agreements with continuing employees of the Baxter Business).

Mixed Contract means any agreement to which SG, ▇▇▇▇▇ Inc., Cowen LLC or any of their respective Subsidiaries is a party prior to the Separation Date that inures to the benefit or burden of each of the SG Business and the Cowen Business.

Mixed Contract has the meaning assigned to such term in Section 5.01(f)(i).

Mixed Contract has the meaning set forth in Section 2.3(b).

Mixed Contract has the meaning set forth in the Separation Agreement.

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