Common use of Divested Businesses Clause in Contracts

Divested Businesses. In the event Honeywell divests a subsidiary, division or business unit, Subcontractor will extend Subcontract Work pursuant to this Subcontract to such subsidiary, division or business unit for a period not to exceed 12 months from the date of divestiture under the terms of this Subcontract.

Appears in 2 contracts

Sources: Subcontracting Agreement, Subcontract Agreement