Assets other than Intellectual Property and JV Dealer Agreements. 21.5.3.1 The Members shall use their commercially reasonable efforts to agree, as promptly as practicable after the occurrence of a Termination Event, on an allocation between the Members of the remaining assets of the Company other than the Intellectual Property of the Company and the agreements between the Company and JV Dealers (the “Remaining Assets”). If the Members agree on an allocation between the Members of any of the Remaining Assets within forty (40) calendar days after the occurrence of a Termination Event, such assets (the “Non-Disputed Remaining Assets”) shall be so distributed to the Members as so agreed.
Appears in 4 contracts
Samples: Truck Business Relationship Agreement (Navistar International Corp), Joint Venture (Navistar International Corp), Operating Agreement (Caterpillar Inc)
