Common use of Transfer of Assets and Assumption of Liabilities Clause in Contracts

Transfer of Assets and Assumption of Liabilities. (a) Prior to the Distribution, the Parties shall, and shall cause their respective Group members to, execute such instruments of assignment, transfer or conveyance and take such other corporate actions as are necessary to:

Appears in 6 contracts

Samples: Separation and Distribution Agreement (GE Vernova LLC), Separation and Distribution Agreement (GE Vernova Inc.), Separation and Distribution Agreement (GE Healthcare Holding LLC)

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Transfer of Assets and Assumption of Liabilities. (a) Prior to the Distribution, to the extent not already completed, the Parties shall, and shall cause their respective Group members to, execute such instruments of assignment, transfer or conveyance and take such other corporate actions as are necessary to:

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Phinia Inc.), Separation and Distribution Agreement (Phinia Inc.)

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