Crane Group definition
Examples of Crane Group in a sentence
Except as otherwise provided in this Agreement, Crane or a member of the Crane Group shall pay or cause to be paid, on a timely basis, all Taxes due with respect to the Tax Returns described in Section 2.2(a) and (b) that are attributable to any member or members of the Crane Group, the respective assets or businesses of any member or members of the Crane Group and any Crane Tax Item.
The Company will, and will cause its Subsidiaries and Affiliates to, forward promptly to Crane (for the account of Crane or its applicable Subsidiary) any customer payments in respect of accounts receivable owed to any member of the Crane Group received by the Company or any of its Subsidiaries or Affiliates after the Time of Distribution, whether received in lock boxes, via wire transfer or otherwise.
Any consent rights of members of the Huttig Group under this Agreement shall be exercised by Huttig on behalf of the Huttig Group, and any notices given by the Crane Group to Huttig shall be deemed to be given to each member of the Huttig Group.
In the event of a disagreement between any member of the Crane Group and any member of the Company Group concerning the reasonableness of withholding such consent, no disclosure will be made prior to a final, nonappealable resolution of such disagreement.
Crane will not, and will cause each other member of the Crane Group not to, apply anywhere at any time for any registration as owner or exclusive licensee of such trademarks, trade names, corporate symbols or logos.
Anything contained herein to the contrary notwithstanding, this Agreement shall not constitute an agreement to assign any Contract, License or Asset if an assignment or attempted assignment of the same without the Consent of any other party or parties thereto or other required Consent would constitute a breach thereof or of any applicable law or in any way impair the rights of any member of the Crane Group or the Company Group thereunder.
To the extent that a Tax Contest relates to any Taxes for which a member of the Crane Group is directly liable hereunder, Crane shall at its own expense control the defense and settlement of that portion of such Tax Contest.
Nothing in this Section 3.10 will prevent any member of the Crane Group from enforcing the provisions of this Section 3.10 against any member of the Company Group or any member of the Company Group from enforcing the provisions of this Section 3.10 against any member of the Crane Group.
All Tax Returns other than those described in Section 2.2(a) which are required to be filed by any member of the Crane Group for any Straddle Period shall be prepared and timely filed or caused to be prepared and timely filed by Crane.
The Company will cause each of its employees and each of the employees of the other members of the Company Group to revoke or withdraw their express written authority, if any, to act on behalf of any Crane Group entity as an agent or representative therefor after the Time of Distribution.