Common use of REMOVAL OF PLATINUM US FROM INTERCOMPANY AGREEMENTS AND REPRESENTATION Clause in Contracts

REMOVAL OF PLATINUM US FROM INTERCOMPANY AGREEMENTS AND REPRESENTATION. Except as contemplated herein, effective as of the Closing Date, all agreements between or among St. Xxxx and its Post-Closing Subsidiaries, on the one hand, and Platinum US, on the other hand, shall terminate as to Platinum US, and Platinum US shall cease being a party to any of the agreements specified on SCHEDULE 4.02. After the Closing Date, Platinum US shall not have any liability under any such agreement to St. Xxxx or any Post-Closing Subsidiary of St. Xxxx and neither St. Xxxx nor any Post-Closing Subsidiary of St. Xxxx shall have any liability under any such agreement to Platinum US. St. Xxxx represents that such agreements are the only agreements that it or any St. Xxxx Subsidiary has with Platinum US.

Appears in 2 contracts

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

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REMOVAL OF PLATINUM US FROM INTERCOMPANY AGREEMENTS AND REPRESENTATION. Except as contemplated herein, effective as of the Closing Date, all agreements between or among St. Xxxx and its Post-Closing Subsidiaries, on the one hand, and Platinum US, on the other hand, shall terminate as to Platinum US, and Platinum US shall cease being a party to any of the agreements specified on SCHEDULE 4.02. After the Closing Date, Platinum US shall not have any liability under any such agreement to St. Xxxx or any Post-Closing closing Subsidiary of St. Xxxx and neither St. Xxxx nor any Post-Closing closing Subsidiary of St. Xxxx shall have any liability under any such agreement to Platinum US. St. Xxxx represents that such agreements are the only agreements that it or any St. Xxxx Subsidiary has with Platinum US.

Appears in 1 contract

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

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REMOVAL OF PLATINUM US FROM INTERCOMPANY AGREEMENTS AND REPRESENTATION. Except as contemplated herein, effective as of the Closing Date, all agreements between or among St. Xxxx and its Post-Closing Subsidiaries, on the one hand, and Platinum US, on the other hand, shall terminate as to Platinum US, and Platinum US shall cease being a party to any of the agreements specified on SCHEDULE Schedule 4.02. After the Closing Date, Platinum US shall not have any liability under any such agreement to St. Xxxx or any Post-Closing Subsidiary of St. Xxxx and neither St. Xxxx nor any Post-Closing Subsidiary of St. Xxxx shall have any liability under any such agreement to Platinum US. St. Xxxx represents that such agreements are the only agreements that it or any St. Xxxx Subsidiary has with Platinum US.

Appears in 1 contract

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

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