Backhaul Arrangements Sample Clauses

Backhaul Arrangements. (a) Effective as of the Closing, the term of any Contract for backhaul of the Business between the Parent Group, on the one hand, and Seller and its Subsidiaries, on the other hand (each, a “Parent Backhaul Contract”), that would expire prior to the date that is thirty (30) months following the Closing Date shall be extended to the date that is thirty (30) months following the Closing Date. Notwithstanding anything to the contrary in this Agreement or any Parent Backhaul Contract, the Parent Group shall not be obligated to expand the scope of the backhaul or other services provided by the Parent Group under any Parent Backhaul Contract after the Closing. (b) During the period from the date hereof until the Closing Date, Seller shall use commercially reasonable efforts to manage the backhaul arrangements of the Business, including with respect to the Parent Backhaul Contracts, in the ordinary course of business consistent with past practice; provided, however, that nothing in this Section 9.20(b) shall impose any such obligation to use commercially reasonable efforts on the Parent Group. (c) Following the Closing, and notwithstanding anything to the contrary in any Parent Backhaul Contract, Buyer and its Affiliates (including the Acquired Companies) may freely terminate any Parent Backhaul Contract with any member of the Parent Group and any of its applicable Affiliates or subcontractors at no cost to Buyer and its Affiliates (including the Acquired Companies), and no early termination fees or tariffs, or other similar costs or expenses, shall be payable by Buyer or any of its Affiliates (including the Acquired Companies) in connection therewith.
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Related to Backhaul Arrangements

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