Examples of Veralto Group in a sentence
Upon expiration or termination of the rights granted to the Veralto Group pursuant to this Section 4.2, Veralto hereby assigns, and shall cause the other members of the Veralto Group to assign, to Xxxxxxx their rights (if any) to any Trademarks forming a part of or associated with the Xxxxxxx Retained Names.
In addition, Veralto shall not be permitted, and shall not permit any member of the Veralto Group, to make a change in any of its methods of accounting for tax purposes until all applicable statutes of limitations for all Pre-Distribution Periods and Straddle Periods have expired without Xxxxxxx’x prior written consent.
No Assets or Liabilities of the Xxxxxxx U.S. Retirement Plan shall be transferred to a retirement plan maintained by any member of the Veralto Group.
At any time after the Distribution Date that the Xxxxxxx Group proposes to destroy such records or documents, it shall first notify the Veralto Group in writing and the Veralto Group shall be entitled to receive such records or documents proposed to be destroyed.
No member of either the Veralto Group or the Xxxxxxx Group shall have any continuing rights or obligations under any such agreement.
Any use by the members of the Veralto Group of any of the Xxxxxxx Retained Names as permitted in this Section 4.2(a) is subject to their use of the Xxxxxxx Retained Names in a form and manner, and with standards of quality, of that in effect for the Xxxxxxx Retained Names as of the Distribution Date.
At any time after the Distribution Date that the Veralto Group proposes to destroy such records or documents, it shall first notify the Xxxxxxx Group in writing and the Xxxxxxx Group shall be entitled to receive such records or documents proposed to be destroyed.
Veralto and the members of the Veralto Group shall not use the Xxxxxxx Retained Names in a manner that may reflect negatively on such name and marks or on Xxxxxxx or any other member of the Xxxxxxx Group.
This Agreement is solely for the benefit of the Parties and, except to the extent otherwise expressly provided herein, nothing in this Agreement, express or implied, is intended to confer any rights, benefits, remedies, obligations or Liabilities under this Agreement upon any Person, including any Veralto Employee or other current or former employee, officer, director or contractor of the Xxxxxxx Group or Veralto Group, other than the Parties and their respective successors and assigns.
Except as provided in this Section 2.13, all Cash Equivalents held by any member of the Veralto Group as of the Effective Time shall be an Veralto Asset and all Cash Equivalents held by any member of the Xxxxxxx Group as of the Effective Time shall be a Xxxxxxx Retained Asset.