Common use of Intercompany Services Agreement Clause in Contracts

Intercompany Services Agreement. No later than twenty-five (25) Business Days after the Closing, the Company and the Seller shall enter into an intercompany services agreement on terms and conditions reasonably satisfactory to both Parties, that will provide, among other things, for the Seller to pay to the Company a monthly service fee of not less than Twenty-Five Thousand Dollars ($25,000) per month.