Common use of Effect if Distribution Does Not Occur Clause in Contracts

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, or otherwise in connection with the Distribution, will not be taken or occur, except to the extent specifically provided by Parent.

Appears in 4 contracts

Samples: Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Maxeon Solar Technologies, Ltd.)

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Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately After the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentHuttig and Crane.

Appears in 4 contracts

Samples: Employee Matters Agreement (Huttig Building Products Inc), Employee Matters Agreement (Huttig Building Products Inc), Employee Matters Agreement (Huttig Building Products Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the DistributionDistribution or the Transition Date or the Transfer Date, will shall not be taken or occur, occur except to the extent specifically provided agreed by ElderCare and Parent.

Appears in 4 contracts

Samples: Employee Benefits Agreement (Neighborcare Inc), Employee Benefits Agreement (Genesis Healthcare Corp), Employee Benefits Agreement (Genesis Healthcare Corp)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur before or effective as of the Distribution Date, immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by SpinCo and Parent.

Appears in 3 contracts

Samples: Employee Benefits Agreement (FNB Corp/Fl/), Employee Benefits Agreement (First National Bankshares of Florida Inc), Employee Benefits Agreement (First National Bankshares of Florida Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, or otherwise in connection with the Distribution, will shall not be taken or occur, except to the extent specifically provided by Parent, and any actions already taken shall be revoked and unwound.

Appears in 3 contracts

Samples: Employee Matters Agreement (Zimmer Biomet Holdings, Inc.), Employee Matters Agreement (ZimVie Inc.), Employee Matters Agreement (ZimVie Inc.)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Distribution Date, immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed to in writing by ParentSpinco and Supplier.

Appears in 3 contracts

Samples: Employee Matters Agreement (Pharmacopeia Inc), Employee Matters Agreement (Pharmacopeia Drug Discovery Inc), Employee Matters Agreement (Pharmacopeia Drug Discovery Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur before or effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentSpinCo and Acuity.

Appears in 3 contracts

Samples: Employee Benefits Agreement (Zep Inc.), Employee Benefits Agreement (Acuity SpinCo, Inc.), Employee Benefits Agreement (Zep Inc.)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Effective Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentSybron and SDS.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Sybron International Corp), Employee Benefits Agreement (SDS Holding Co)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the applicable effective date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentSUREBEAM and TITAN.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Surebeam Corp), Employee Benefits Agreement (Titan Corp)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur before or effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentCertegy and Equifax.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Certegy Inc), Employee Benefits Agreement (Certegy Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentViad, MoneyGram and TECI.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Moneygram International Inc), Employee Benefits Agreement (Moneygram International Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent otherwise specifically provided agreed in writing by ParentSpinco and Heinz.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Del Monte Foods Co), Employee Benefits Agreement (Heinz H J Co)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentAgere and Lucent.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Agere Systems Inc), Employee Benefits Agreement (Agere Systems Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by Technologies and Parent.

Appears in 2 contracts

Samples: Employee Benefits Agreement (FMC Technologies Inc), Employee Benefits Agreement (FMC Technologies Inc)

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Effect if Distribution Does Not Occur. If the Distribution ------------------------------------- does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed to in writing by ParentSPI and IREX.

Appears in 2 contracts

Samples: Benefits Sharing Agreement (Specialty Products & Insulation Co), Benefits Sharing Agreement (Specialty Products & Insulation Co)

Effect if Distribution Does Not Occur. If the ------------------------------------- Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately After the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed to by ParentGlobal Payments and NDC.

Appears in 1 contract

Samples: Employee Benefits Agreement (Global Payments Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur before or effective as of the Close of the Distribution Date, Immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentPSI and Equifax.

Appears in 1 contract

Samples: Employee Benefits Agreement (Equifax Ps Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentDownstream and Pennzoil.

Appears in 1 contract

Samples: Employee Benefits Agreement (Pennzoil Products Co)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Distribution Date, the Distribution Time, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent otherwise specifically provided agreed in writing by ParentSpinco and Xxxxxxx-Xxxxxx.

Appears in 1 contract

Samples: Employee Matters Agreement (Alberto Culver Co)

Effect if Distribution Does Not Occur. If the Distribution ------------------------------------- does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Close of the Distribution Date, Immediately After the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed to by ParentGlobal Payments and NDC.

Appears in 1 contract

Samples: Employee Benefits Agreement (Global Payments Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the close of the Distribution Date, immediately after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentHP Co. and Spinco.

Appears in 1 contract

Samples: Employee Benefits Agreement (Cimarex Energy Co)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Distribution Date, after the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by ParentForest and Spinco.

Appears in 1 contract

Samples: Employee Benefits Agreement (Forest Oil Corp)

Effect if Distribution Does Not Occur. If the Distribution does not ------------------------------------- occur, then all actions and events that are are, under this Agreement, to be taken under this Agreementor occur effective as of the Distribution Date, or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided agreed by Parent.Metavante and M&I.

Appears in 1 contract

Samples: Employee Matters Agreement (Metavante Corp)

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