Pre-Closing US Separation Costs Clause Samples

Pre-Closing US Separation Costs. RBS shall, prior to Closing, spend *** in respect of Pre-Closing US Separation Costs, provided that where the Joint Implementation Committee (acting reasonably) determines that any individual cost item comprised in the Pre-Closing US Separation Costs may be undertaken as effectively at a lower *** Material has been omitted pursuant to a request for confidential treatment and has been filed separately. cost, and is so undertaken, then the sum of US$13.6 million shall be reduced by any savings so effected.