IPC Agreements definition
Examples of IPC Agreements in a sentence
Seller and VSCRE shall keep the Buyer fully informed of any and all material matters and developments (including, without limitation, the occurrence of any Force Majeure Event) relating to or under the Pending Property Agreements and the Pending IPC Agreements.
Notwithstanding any provision herein to the contrary, the Buyer shall be responsible for any Transaction Taxes incurred as a result of any material change in or deviation from the transactions contained in or contemplated by the Pending Property Agreements, the Pending IPC Agreements, the Steps Memorandum or the Transfer Tax Memorandum to the extent that such change is, at any time after the date hereof, directed by the Buyer in writing to occur.
It will be a condition of the Closing that all matters of payment, execution and delivery of documents by each party to the other and the consummation of the transactions contemplated by the Pending Property Agreements and the Pending IPC Agreements shall be deemed to be concurrent requirements.
For greater certainly, New Vasogen shall have no liability or obligation to indemnify or otherwise compensate Old Vasogen if the Arrangement (exclusive of any transactions undertaken pursuant to the IPC Agreements) results in an acquisition of control of Old Vasogen under Applicable Laws.