Deferred Transfers and Assumptions. (i) Nothing in this Agreement or in any Ancillary Agreement will be deemed to require the transfer of any Assets or the assumption of any Liabilities that by their terms or by operation of Law cannot be transferred or assumed.
Appears in 38 contracts
Samples: Separation and Distribution Agreement (Net Lease Office Properties), Separation and Distribution Agreement (W. P. Carey Inc.), Separation and Distribution Agreement (Net Lease Office Properties)
Deferred Transfers and Assumptions. (ia) Nothing in this Agreement or in any Ancillary Agreement will be deemed to require the transfer of any Assets or the assumption of any Liabilities that by their terms or by operation of Law cannot be transferred or assumed.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Ashford Inc), Separation and Distribution Agreement (Ashford Hospitality Trust Inc), Separation and Distribution Agreement (Ashford Inc)
Deferred Transfers and Assumptions. (i) Nothing in this Agreement or in any Ancillary Transaction Agreement will shall be deemed to require the transfer of any Assets or the assumption of any Liabilities that by their terms or by operation of Law law cannot be transferred or assumed.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (MasterBrand, Inc.), Separation and Distribution Agreement (MasterBrand, Inc.), Separation and Distribution Agreement (MasterBrand, Inc.)
Deferred Transfers and Assumptions. (i) Nothing in this Agreement or in any Ancillary Agreement will shall be deemed to require the transfer of any Assets or the assumption of any Liabilities that by their terms or by operation of Law cannot be transferred or assumed.
Appears in 2 contracts
Samples: Separation Agreement (Constellation Energy Corp), Separation Agreement (Exelon Corp)
