Common use of Transferring Contracts Clause in Contracts

Transferring Contracts. The provisions of Schedule 2 (Transferring Contracts) shall apply, subject to the terms of any relevant Ancillary Agreement: (a) if and to the extent that the transfer, assignment, sub-licence of the benefit and / or burden of (x) any Alcon Business Contract to the relevant member of the Alcon Group; or (y) any Novartis Business Contract to the relevant member of the Novartis Group: (i) requires obtaining an agreement of novation or transfer, a consent, approval, waiver or the like from a Third Party (including any Governmental Entity) (such agreement of novation, transfer, approval, waiver or consent, a Third Party Consent) to such assignment, sub-license, transfer or change of control; or (ii) is prohibited by Applicable Law: and (b) with respect to any Shared Contract.