Common use of Strategic Relationships Clause in Contracts

Strategic Relationships. Each of Time Warner, Sony and CDnow will work together to explore strategic relationships into which they may enter for the benefit of the businesses of CDnow and The Columbia House Company. Nothing contained in this Termination Agreement, any of the Transaction Agreements, the Convertible Loan Agreement or the Security Agreement shall in any way require or otherwise obligate, or be deemed to require or otherwise obligate, any of the parties to this Termination Agreement to enter into any relationship with, or to make any commitment to, any of the other parties to this Termination Agreement, and any and all decisions as to whether or not to enter into any such relationship or to make any such commitment shall be made by each party in its sole discretion.

Appears in 5 contracts

Samples: Termination Agreement (Time Warner Inc/), Termination Agreement (Time Warner Inc/), Termination Agreement (Sony Corp)

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