Common use of Foreign Implementing Agreements Clause in Contracts

Foreign Implementing Agreements. As promptly as reasonably practicable after the date hereof, Seller and Buyer shall cause the Foreign Implementing Agreements to be prepared by their respective applicable Affiliates in each jurisdiction in which Seller and Buyer agree that a Foreign Implementing Agreement is necessary or appropriate to consummate the transactions contemplated hereby. Seller and Buyer acknowledge and agree that the Foreign Implementing Agreements shall not expand or limit the rights and obligations of Seller and Buyer beyond those provided for in this Agreement, and that the Foreign Implementing Agreements shall not provide for any additional rights or obligations of Seller, Buyer or their respective applicable Affiliates that are not provided for in this Agreement. Seller and Buyer shall cooperate in the preparation of the Foreign Implementing Agreements and shall include such terms as necessary to comply with applicable Law of each applicable foreign jurisdiction. In the event of any conflict between the terms of the Foreign Implementing Agreements and this Agreement, Seller and Buyer acknowledge and agree that the terms of this Agreement shall control and that, if necessary, Seller and Buyer shall, and shall cause their respective Affiliates to, deliver such additional instruments as may be necessary to accomplish the foregoing.

Appears in 2 contracts

Sources: Transaction Agreement, Transaction Agreement (Starbucks Corp)