Common use of Provision of Certain Services Clause in Contracts

Provision of Certain Services. Buyer acknowledges that the Companies and their Subsidiaries currently receive from Seller and its Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Seller (“Support Services”). Seller and Buyer acknowledge that, except as provided in the Master Transition Services Agreement, Support Services shall cease at Closing, and all agreements and arrangements in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto.

Appears in 2 contracts

Samples: Purchase Agreement (Affinion Loyalty Group, Inc.), Purchase Agreement (Cendant Corp)

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Provision of Certain Services. Buyer acknowledges that the Companies Company and their its Subsidiaries currently receive from Seller and its Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Seller (“Support Services”). Buyer, Seller and Buyer the Company acknowledge that, except as provided set forth in the Master Transition Support Services Agreement, Support Services shall cease at Closing, and all other agreements and arrangements (whether or not in writing) in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto.

Appears in 2 contracts

Samples: Purchase Agreement (Spherion Corp), Purchase Agreement (Cdi Corp)

Provision of Certain Services. Buyer acknowledges that the Acquired Companies and their Subsidiaries currently receive from Seller and its Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Seller (“Support Services). Seller Seller, the Company and Buyer acknowledge that, except as provided in the Master Transition Services AgreementSeparation Agreements, the Support Services shall cease at Closing, and all agreements and arrangements (whether or not in writing) in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto.

Appears in 1 contract

Samples: Purchase Agreement (S.D. Shepherd Systems, Inc.)

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Provision of Certain Services. Buyer acknowledges that the Acquired Companies and their Subsidiaries currently receive from Seller and its Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Seller (“Support Services”). Seller Seller, the Company and Buyer acknowledge that, except as provided in the Master Transition Services AgreementSeparation Agreements, the Support Services shall cease at Closing, and all agreements and arrangements (whether or not in writing) in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto.

Appears in 1 contract

Samples: Purchase Agreement (Cendant Corp)

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