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, shall not be taken or occur, except to the extent specifically provided by Baxter.

Appears in 3 contracts

Samples: Employee Matters Agreement (Baxter International Inc), Employee Matters Agreement (Baxalta Inc), Employee Matters Agreement (Baxalta Inc)

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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, shall not be taken or occur, except to the extent specifically provided by BaxterManitowoc ParentCo.

Appears in 3 contracts

Samples: Employee Matters Agreement (Manitowoc Co Inc), Employee Matters Agreement (Manitowoc Foodservice, Inc.), Employee Matters Agreement (Manitowoc Foodservice, 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, Agreement as of the Distribution Date or otherwise in connection with the Distribution, shall not be taken or occur, occur except to the extent specifically provided by BaxterAbbott.

Appears in 1 contract

Samples: Employee Benefits Agreement (Hospira Inc)

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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, shall not be taken or occur, except to the extent specifically provided by BaxterAbbott.

Appears in 1 contract

Samples: Employee Matters Agreement (AbbVie Inc.)

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