Terminating Agreements. (a) The parties agree that effective automatically immediately prior to consummation of the IPO, the following agreements each dated as of April 7, 2003, as amended (the “Terminating Agreements”) shall terminate and no party shall have any further rights or obligations thereunder (provided, however, that if one or more of the following agreements have previously been terminated or are otherwise no longer in force or effect, than nothing herein shall limit the effect thereof):
Terminating Agreements. Seller shall have delivered evidence satisfactory to Parent in its reasonable discretion that the Terminating Agreements have been terminated and are of no further force and effect.
Terminating Agreements. Seller shall procure that all commercial agreements between members of the Remaining Seller's Group and Target Companies, other than the Continuing Agreements, are terminated on or prior to the Closing Date without any prepayment penalty or other extra costs for any party thereto.
Terminating Agreements. Subject to clause (b) below, the Signing Stockholder hereby agrees that, at the Effective Time, without any further action by any of the parties to such agreements: (i) all agreements between the Company, on the one hand, and one or more Signing Stockholders (in the Signing Stockholder’s capacity as a Stockholder, and not as an employee, consultant, director, officer or any other capacity), on the other hand (including those agreements, understanding and arrangements identified under the heading “Terminating Agreements” on Annex B to this Support Agreement) (the “Affiliate Agreements”) shall automatically and irrevocably terminate and cease to be in force and effect (or to the extent any such agreements cannot be automatically terminated pursuant to the foregoing clause and any such agreement’s terms, then the Signing Stockholder agrees to take all actions and execute all documents to terminate each such agreement effective on or prior to the Effective Time); (ii) all rights and privileges granted, accruing or inuring pursuant to the Affiliate Agreements shall automatically be irrevocably relinquished and surrendered; and (iii) all obligations and duties owed or required to be performed pursuant to the Affiliate Agreements shall automatically be irrevocably waived and released (including with respect to any provisions that purport to survive the termination thereof). (b)
Terminating Agreements. The Company shall have delivered evidence satisfactory to Parent in its reasonable discretion that the Terminating Agreements have been terminated and are of no further force and effect.
Terminating Agreements. The KFS Terminating Agreements shall have been terminated on terms satisfactory to JJR VI without cost or penalty to the Company and/or its subsidiaries.
Terminating Agreements. The Terminating Agreements shall be terminated and be of no further force or effect as of the Effective Time.
Terminating Agreements. The regional agreement between the University and the Region from 2006-10-18 expires on 2018- 12-31. For the University of Gothenburg For Region Västra Götaland Gothenburg 2019-01-15 Vänersborg 2019-01-22 Xxx Xxxxxx Xxx-Xxxx Xxxxx
