Responsibility for Expenses. (a) Except as otherwise expressly set forth in this Agreement or any Ancillary Agreement, or as otherwise agreed to in writing by the Parties, all costs and expenses incurred on or prior to the Distribution Effective Time in connection with the preparation, execution, delivery and consummation of this Agreement and any Ancillary Agreement and the consummation of the transactions contemplated hereby and thereby shall be charged to and paid by SpinCo.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Star Holdings), Agreement and Plan of Merger (Istar Inc.), Separation and Distribution Agreement (Istar Inc.)
Responsibility for Expenses. (a) Except as otherwise expressly set forth in this Agreement or any Ancillary Agreement, or as otherwise agreed to in writing by the Parties, all costs and expenses incurred on or prior to the Distribution Effective Time in connection with the preparation, execution, delivery and consummation of this Agreement and any Ancillary Agreement and the consummation of the transactions contemplated hereby and thereby shall be charged to and paid by SpinCoOrion.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Orion Office REIT Inc.), Separation and Distribution Agreement (Realty Income Corp)
