Relevant Time definition
Examples of Relevant Time in a sentence
Effective as of the Relevant Time, ▇▇▇▇▇ shall indemnify the SpinCo Group for any and all obligations and other Liabilities arising from, or relating to, the operation, management or employment of the ▇▇▇▇▇ Retained Business prior to, on or after the Relevant Time.
No such terminated Contract (including any provision thereof that purports to survive termination) or intercompany Liability shall be of any further force or effect from and after the Relevant Time.
In addition, nothing contained in Section 6.1(a) shall release ▇▇▇▇▇ from indemnifying any director, officer or employee of SpinCo who was a director, officer or employee of ▇▇▇▇▇ or any of its Affiliates on or prior to the Relevant Time, as the case may be, to the extent such director, officer or employee is or becomes a named defendant in any Action with respect to which he or she was entitled to such indemnification pursuant to then existing obligations.
Effective as of the Relevant Time, SpinCo shall indemnify the ▇▇▇▇▇ Group for any and all obligations and other Liabilities arising from, or relating to, the operation, management or employment of the SpinCo Business prior to, on or after the Relevant Time.