Allocation of Insurance Proceeds; Cooperation. Except as otherwise provided in Article III, the parties shall use reasonable efforts to ensure that Insurance Proceeds received with respect to claims, costs and expenses under the Insurance Policies shall be paid to RemainCo with respect to RemainCo Group Liabilities and to SpinCo with respect to the SpinCo Group Liabilities.
Appears in 4 contracts
Samples: Distribution Agreement (Hillenbrand, Inc.), Distribution Agreement (Batesville Holdings, Inc.), Distribution Agreement (Hill-Rom Holdings, Inc.)
Allocation of Insurance Proceeds; Cooperation. Except as otherwise provided in Article III, the parties shall use reasonable efforts to ensure that Insurance Proceeds received with respect to claims, costs and expenses under the Insurance Policies shall be paid to RemainCo with respect to RemainCo Group Liabilities and to SpinCo with respect to the SpinCo Group Liabilities.
Appears in 2 contracts
Samples: Distribution Agreement (Batesville Holdings, Inc.), Distribution Agreement (Batesville Holdings, Inc.)
