Common use of Intercompany Accounts Clause in Contracts

Intercompany Accounts. At or prior to the Closing, all intercompany accounts between each Seller and/or any of its Affiliates (other than any Transferred Entity), on the one hand, and each Transferred Entity, on the other hand, shall be settled or otherwise eliminated. This provision shall not apply to intercompany accounts between and among the Transferred Entities.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Alkermes Plc.), Purchase and Sale Agreement (Baudax Bio, Inc.), Purchase and Sale Agreement (Alkermes Plc.)

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Intercompany Accounts. At or prior to the Closing, all intercompany accounts between each Sellers or Seller Parent and/or any of its their respective Affiliates (other than any Transferred Entity), on the one hand, and each Transferred Entity, on the other hand, shall be settled or otherwise eliminated, except for those accounts listed in Section 5.6 of the Seller Disclosure Schedule. This provision shall not apply to intercompany Intercompany accounts between and among the Transferred EntitiesEntities shall not be affected by this provision.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ambipar Emergency Response), Purchase and Sale Agreement (Ambipar Emergency Response)

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Intercompany Accounts. (a) At or prior to the Closing, all intercompany accounts between each the Seller and/or any of its Affiliates (other than any Transferred EntityAcquired Company), on the one hand, and each Transferred EntityAcquired Company, on the other hand, shall be settled or otherwise eliminated. This provision shall not apply to intercompany Intercompany accounts between and among the Transferred EntitiesAcquired Companies shall not be affected by this provision.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Ultrapetrol Bahamas LTD)

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