Common use of Termination of Affiliate Agreements Clause in Contracts

Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the Company Disclosure Schedule, all agreements between the Company and its affiliates (other than its subsidiaries) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any of its subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Nationsrent Companies Inc)

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Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the Company Disclosure ScheduleSchedule 6.10, all agreements between the Company and its affiliates Affiliates (other than its subsidiariesemployment, severance or other similar arrangements) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any of its subsidiariesCompany.

Appears in 1 contract

Samples: Merger Agreement (Providence Service Corp)

Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the Company Disclosure Schedule, all All agreements between the Company and its affiliates (other than its subsidiaries) a Transferred Subsidiary), other than agreements listed on Schedule 6.11 or as otherwise provided in the Spin-Off Agreement, shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any of its subsidiariesthe Transferred Subsidiaries.

Appears in 1 contract

Samples: Merger Agreement (Ball Corp)

Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the Company Disclosure Schedule, all All agreements between the Company and its affiliates Affiliates (other than its subsidiariesan Acquired Company and other than employment, severance or other similar arrangements with officers of any Acquired Company) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any of its subsidiariesother Acquired Company.

Appears in 1 contract

Samples: Merger Agreement (Middleby Corp)

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Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the The Company Disclosure Schedule, shall have terminated all agreements between the Company and its affiliates Affiliates (other than its subsidiariesSubsidiaries) shall be terminated as of the Closing Date, listed in Schedule 5.7 and canceled all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or of any of its subsidiariesSubsidiaries.

Appears in 1 contract

Samples: Recapitalization Agreement and Plan of Merger (Leiner Health Services Corp.)

Termination of Affiliate Agreements. Except as set forth on Section 5.10 of the Company Disclosure Schedule, all All agreements between the Company and its affiliates (other than its subsidiaries) Affiliates shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any of its subsidiariesterminated.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argan Inc)

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