Examples of Baxalta Business in a sentence
The Licensors also hereby grant (including on behalf of their applicable controlled group Affiliates) to Licensee and its controlled group Affiliates, and Licensee hereby accepts (including on behalf of its controlled group Affiliates), a worldwide, non-exclusive, terminable, royalty-free license to use the trademarks listed on Schedule C (the “Trademarks”) solely in a manner consistent with the past practice of the Baxalta Business.
For all Pre-Distribution Tax Periods, (A) Baxter shall be responsible for any and all Non-Income Taxes that are attributable to the Baxter Business and (B) Baxalta shall be responsible for any and all Non-Income Taxes that are attributable to the Baxalta Business, in each case, as determined pursuant to Section 2.06.
If any originally filed Income Tax Return of the Baxter Group or Baxalta Group for any Tax Period beginning on or before the Distribution Date shows a payment of Income Taxes exceeding the amount set forth on Exhibit A, then (A) Baxter shall be responsible for such payment to the extent attributable to the Baxter Business and (B) Baxalta shall be responsible for such payment to the extent attributable to the Baxalta Business, in each case, as determined pursuant to Section 2.06.
The Conveyance and Assumption Instruments for a Local Closing shall be substantially in the same form as those used by Baxter and Baxalta or their respective Subsidiaries, as applicable, in connection with the contribution, assignment, transfer, conveyance and delivery of the Assets (including equity interests) and the transfer of the Liabilities of the Baxalta Business prior to the Distribution Date.
The Licensors also hereby grant (including on behalf of their applicable controlled group Affiliates) to Licensee and its controlled group Affiliates, and Licensee hereby accepts (including on behalf of its controlled group Affiliates), a worldwide, non-exclusive, terminable, royalty-free license to use the trademarks listed on Schedule A (the “Trademarks”) solely in a manner consistent with the past practice of the Baxalta Business.