Examples of Demerger Agreement in a sentence
Pursuant to the settlement, RB withdrew the US $1.4b claim to release Indivior from any claim for indemnity under the Demerger Agreement relating to the DOJ and FTC settlements which RB entered into in July 2019, as well as other claims for indemnity arising from those matters.
Subsequently, on 24 April 2009, the Company paid the remaining RM2,025.0 million in line with the specified timeline stipulated in the Demerger Agreement.
TM and its wholly-owned subsidiary, TESB, and Celcom Transmission (M) Sdn Bhd (“CTX’), Celcom and TMI which were then wholly-owned subsidiaries of TM, entered into a Demerger Agreement on 10 December 2007 which comprises TM transferring its entire holding of Redeemable Convertible Preference Shares (“RCPS”) in SunShare, resulting in TMI owning a 51% interest in SunShare.
The Demerger Agreement also sets out how guarantees, indemnities or other assurances given by RB Group companies for the benefit of Indivior Group companies (or vice versa) will be dealt with following the Demerger.The Demerger Tax Deed and the US Tax Matters Agreement allocate certain tax liabilities between RB and Indivior.
Pursuant to the De-merger Agreement, the Company has assumed all the interests, rights and obligations of CSAHC under the Training Agreement.