Helix Transaction Clause Samples

Helix Transaction. The Company shall use commercially reasonable ----------------- efforts to (i) sell all of the assets and liabilities or stock of its subsidiary Helix Biotech, Ltd. ("Helix"), organized under the laws of Canada (the "Helix Transaction"); (ii) deliver to Parent a release in form and substance reasonably satisfactory to Parent for the benefit of Parent from the Buyer of Helix; and (iii) sell or dissolve Genomics/Lifecodes Canadian Acquisition Corp., the parent of Helix, in connection therewith.