Divisible Contracts definition

Divisible Contracts means all contracts that serve several business activities of Seller, including the Business, pursuant to
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Divisible Contracts means all contracts that serve several business activities of Seller, including the Business, pursuant to which rights and obligations of Seller are partially assigned to Buyer, to the extent of such partial assignment, in accordance with the terms and conditions of such Divisible Contracts. Schedule 5.14 sets forth the Divisible Contracts.
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Examples of Divisible Contracts in a sentence

  • In order to perform the partial assignment of the Divisible Contracts to Buyer, Seller undertakes to notify, or cause its Affiliates to notify, the counterparties thereto of the partial assignment of the Divisible Contracts by Seller or an Affiliate to Buyer or, to the extent required under any Divisible Contract, to use its commercially reasonable efforts to obtain the prior consent of the counterparties to the partial assignment of such Divisible Contracts.

  • From and after the date of this Agreement, Seller shall use commercially reasonable efforts to take or cause to be taken, all actions necessary, proper or advisable, including without limitation, obtaining applicable consents and drafting appropriate documentation, to separate the Divisible Contracts consistent with the terms of this Agreement.

  • If Seller is not able to separate the Divisible Contracts, Seller shall use commercially reasonable efforts and cooperate with Purchaser in any reasonable arrangement designed to provide Purchaser all material Rights of such Divisible Contract, including without limitation, pursuant to the terms of Section 2.7 hereof.

  • Buyer agrees to commit to the terms set forth on Schedule 5.14 relating to the Divisible Contracts.

  • Buyer further agrees to cooperate with Seller in connection with the arrangement of the partial assignment or any other appropriate arrangement (including the jointly determined allocation of Seller’s and Buyer’s respective rights and obligations thereunder) in connection with the Divisible Contracts.