Certain Services and Benefits Provided by Affiliates. Except as otherwise expressly provided in the Transition Services Agreement, all Overhead and Shared Services provided to the Business shall cease as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. Purchaser acknowledges that the Business currently receives from Seller and its Affiliates certain administrative and corporate services and benefits, including: computer and information processing services; finance, accounting and payroll services; facilities management services, treasury services (including banking, insurance, administration, taxation and internal audit); general administrative services; executive and management services; legal services; and human resources services. Purchaser further acknowledges that, except as otherwise expressly provided in the Transition Services Agreement, all such services and benefits shall cease, and any agreement in respect thereof shall terminate, as of the Closing Date and Seller acknowledges that no further payments with respect to such services shall be payable to Seller or any of its Affiliates as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. Purchaser acknowledges that the Business currently receives from Seller and its Affiliates certain administrative and corporate services and benefits, including operations and information technology support (including website hosting and data center services), finance, accounting and payroll and back office services, treasury services (including banking, insurance, administration, taxation and internal audit), risk management, corporate communications, general administrative services, executive and management services, legal services, human resources services and travel services, drug testing and related compliance matters, automobile leasing, software and hardware licensing and leasing, sales representatives, employee scholar program, employee equity programs and other benefits, environmental health and safety services (EH&S) and international trade compliance (ITC). Other than as may be provided pursuant to the terms of the Transaction Documents entered into at Closing, Purchaser further acknowledges that all such services and benefits shall cease, and any agreement in respect thereof shall terminate with respect to the Business as of the Closing Date and thereafter Seller’s sole obligation with respect to the provision of any such services shall be as set forth in such Transaction Documents.
Certain Services and Benefits Provided by Affiliates. Except as otherwise expressly provided in the Transition Services Agreement, all Overhead and Shared Services provided to the Business or ICX shall cease as of the Closing.
Certain Services and Benefits Provided by Affiliates. Buyer acknowledges that the Company currently receives from Seller and its Affiliates certain support and services. Buyer further acknowledges that, except as provided in the Transition Services Agreement being delivered at Closing, all services and benefits to the Company from Seller and its Affiliates shall cease, and any agreement in respect thereof shall terminate, as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. Buyer acknowledges that the Acquired Business currently receives from Seller, the Seller Subsidiaries and their respective Affiliates certain administrative and corporate (overhead, shared and other) services, including: computer and information processing services; finance, accounting and payroll services; facilities management services, treasury services (including banking, insurance, administration, taxation and internal audit); general administrative services; executive and management services; legal services; and human resources services. Buyer further acknowledges that, except as expressly provided in the Transition Services Agreement, all such services and benefits shall cease, and any agreement in respect thereof shall terminate, as of the Closing Date, and Seller acknowledges that no further payments with respect to such services shall be payable to Seller or any of its Affiliates as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. Buyer acknowledges that the Business currently receives from Seller and its Affiliates certain administrative and corporate services and benefits, including, without limitation: computer and information processing services; finance, accounting and payroll services; environmental, safety and engineering services; treasury services (including banking, insurance, administration, taxation and internal audit); general administrative services; executive and management services; legal services; human resources services; and travel services. Buyer further acknowledges that, except as reflected in the Transition Services Agreement, all such services and benefits shall cease, and any agreement in respect thereof shall terminate with respect to the Business as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. The Purchaser and Seller acknowledge and agree that, effective as of the Closing, except as otherwise expressly provided in the Ancillary Agreements or for the Related Person Arrangements listed in Section 6.07 of the Seller Disclosure Letter, all Related Person Arrangements (including, for purposes of this Section 6.07, Overhead and Shared Services) shall cease and be terminated, and all of the Holding Companies’ and Company Subsidiaries’ obligations thereunder shall be discharged and released, without further payment, performance or other obligation by any of the Holding Companies or Company Subsidiaries such that the Holding Companies and Company Subsidiaries (and Purchaser) shall not have any further obligations or Liabilities therefor or thereunder and the Seller and its Affiliates shall have no further obligation to provide any such Related Person Arrangements (including, for purposes of this Section 6.07, Overhead and Shared Services) to the Holding Companies or the Company Subsidiaries.
Certain Services and Benefits Provided by Affiliates. The Company acknowledges that the Nortel Networks Business receives from Nortel Networks and its Affiliates certain administrative and corporate services and benefits, including: computer and information processing services; finance, accounting and payroll services; facilities management services, treasury services (including banking, insurance, administration, taxation and internal audit); general administrative services; executive and management services; legal services; and human resources services. The Company further acknowledges that, except as otherwise expressly provided in the Ancillary Agreements, all such services and benefits shall cease, and any agreement in respect thereof shall terminate, as of the Closing Date.
Certain Services and Benefits Provided by Affiliates. Purchaser acknowledges that the Company and Company Subsidiaries currently receives from Seller and its Affiliates (other than the Company and Company Subsidiaries) certain support and services. Purchaser further acknowledges that all such services and benefits shall cease, and any agreement in respect thereof shall terminate, without any Liability to the Company or any Company Subsidiary, as of the Closing Date, except as may be provided under the Transition Services Agreement.
