Certain Parameters. The terms and provisions of any agreements that relate to a B&K Sale (each, a “B&K Sale Agreement”) may include provisions (including representations and warranties, covenants and indemnification) described on Schedule 10.2 that could have an effect on WABCO following the Distribution and WABCO shall have no right to object to, and ASD shall be permitted to enter into any B&K Sale Agreement, containing such provisions. ASD will provide to WABCO, within ten (10) days after the execution of a B&K Sale Agreement, a copy of such agreement. ASD shall have the sole right to control the B&K Sale process and negotiate the terms of a B&K Sale.
Appears in 1 contract
Sources: Separation and Distribution Agreement (WABCO Holdings Inc.)
Certain Parameters. The terms and provisions of any agreements that relate to a B&K Sale (each, a “B&K Sale Agreement”) may include provisions (including representations and warranties, covenants and indemnification) described on Schedule 10.2 that could have an effect on WABCO following the Distribution and WABCO shall have no right to object to, and ASD shall be permitted to enter into any B&K Sale Agreement, containing such provisions. ASD will provide to WABCO, within ten (10) days after the execution of a B&K Sale Agreement, a copy of such agreement. ASD shall have the sole right to control the B&K Sale process and negotiate the terms of a B&K Sale.
Appears in 1 contract
Sources: Separation and Distribution Agreement (American Standard Companies Inc)