Extraction Transactions definition
Extraction Transactions means (i) the distribution, transfer or assignment of each Excluded Item to Seller or a Non-Acquired Company Affiliate as contemplated in Section 6.7, and (ii) the termination, severance or assignment to Seller or a Non-Acquired Company Affiliate of any services provided to any of the Acquired Companies by Seller or a Non-Acquired Company Affiliate and the termination or assignment to Seller or a Non-Acquired Company Affiliate of each Excluded Contract, each as contemplated in Section 6.8.
Examples of Extraction Transactions in a sentence
Without limiting the foregoing, Buyer shall be solely responsible for any Transfer Taxes arising from any action to dissolve, terminate or restructure any Acquired Company or to convey, distribute or transfer any Assets or other rights by deed, ▇▇▇▇ of sale or otherwise to or from any Acquired Company after the Closing, other than pursuant to the Extraction Transactions.
Seller shall pay all other Transfer Taxes in respect of the transactions contemplated by this Agreement, including in respect of the Extraction Transactions.