Common use of Pre Distribution Transactions Clause in Contracts

Pre Distribution Transactions. (a) On or prior to the Distribution Date, the appropriate parties shall enter into the Ancillary Agreements. (b) NBH shall file with the SEC any amendments or supplements to the S-1 as may be necessary or advisable in order to cause the S-1 to become and remain effective as required by the SEC or federal, state or other applicable securities Laws. Parent and NBH shall cooperate in preparing, filing with the SEC and causing to become effective registration statements or amendments thereof which are required to reflect the establishment of, or amendments to, any employee benefit and other plans necessary or advisable in connection with the transactions contemplated by this Agreement and the Ancillary Agreements. Parent and NBH shall take all such action as may be necessary or advisable under the securities or “blue sky” Laws of the United States (and any comparable Laws under any non-U.S. jurisdiction) in connection with the transactions contemplated by this Agreement and the Ancillary Agreements.

Appears in 2 contracts

Sources: Distribution Agreement (Meta Materials Inc.), Distribution Agreement (Next Bridge Hydrocarbons, Inc.)