Common use of Wind Down Clause in Contracts

Wind Down. After court approval of a plan of dissolution, TI will effectuate wind-down of all activities (other than its defense of litigation as described in section (e) above) expeditiously, and in no event later than 180 days after the date of court approval of the plan of dissolution. TI will provide monthly status reports to the Attorney General of New York regarding the progress of wind-down efforts and work remaining to be done with respect to such efforts.

Appears in 3 contracts

Samples: Master Settlement Agreement (Philip Morris Companies Inc), Master Settlement Agreement (Loews Corp), Master Settlement Agreement (RJR Nabisco Inc)

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Wind Down. After court approval of a plan of dissolutiondisso- lution, TI will effectuate wind-down of all activities (other than its defense of litigation as described in section (e) above) expeditiously, and in no event later than 180 days after the date of court approval of the plan of dissolution. TI will provide monthly status reports to the Attorney General of New York Yor k regarding the progress of wind-down efforts effort s and work remaining to be done with respect to such efforts.effort s.

Appears in 1 contract

Samples: Master Settlement Agreement

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Wind Down. After court approval of a plan of dissolutiondisso- lution, TI will effectuate wind-down of all activities (other than its defense of litigation as described in section (e) above) expeditiously, and in no event later than 180 days after the date of court approval of the plan of dissolution. TI will provide monthly status reports to the Attorney General of New York regarding the progress of wind-down efforts effort s and work remaining to be done with respect to such efforts.effort s.

Appears in 1 contract

Samples: Master Settlement Agreement

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