Common use of Termination of Affiliate Contracts Clause in Contracts

Termination of Affiliate Contracts. Except as set forth on Schedule 6.9 and except as agreed to in writing by the Seller Parties and Purchaser, all contracts, agreements or arrangements between the Company or the Subsidiary, on the one hand, and any Affiliates of the Company or the Subsidiary, on the other, including any agreements or understandings (written or oral) with respect thereto, shall terminate simultaneously with the Closing without any further action or liability on the part of the parties thereto or be terminated by the Seller Parties and other parties thereto on or prior to the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Usec Inc)

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Termination of Affiliate Contracts. Except On or before the Closing Date, except as set forth on Schedule 6.9 in Section 6.13 of the Disclosure Letter, this Agreement and except as agreed to in writing by the Seller Parties and Purchaserany Ancillary Agreements contemplated herein, all contracts, agreements or arrangements liabilities and obligations between any member of the Company or the SubsidiaryGroup, on the one hand, and any Affiliates of Company Affiliated Person (not including the Company or the any Company Subsidiary, ) on the other, including any agreements or understandings (written or oral) with respect thereto, other hand shall terminate simultaneously with the Closing without any further action or liability on the part of the parties thereto or be terminated by the Seller Parties and other parties thereto on or prior to the Closing Dateterminated.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ModivCare Inc)

Termination of Affiliate Contracts. Except as set forth otherwise disclosed on Schedule 6.9 and except as agreed 6.12, on or prior to in writing by the Seller Parties and PurchaserClosing Date, all contracts, agreements or arrangements between the Company or and the SubsidiaryCompany Subsidiaries, on the one hand, and any Affiliates of the Company or the Subsidiaryits Affiliates, on the other, including any other hand (other than agreements or understandings (written or oral) with respect theretosolely between the Company and the Company Subsidiaries), shall terminate simultaneously with the Closing without any further action or liability on the part be terminated as of the parties thereto or be terminated by the Seller Parties Closing, and other parties thereto on or prior to the Closing Dateall obligations and liabilities thereunder shall have been satisfied.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hospitality Properties Trust)

Termination of Affiliate Contracts. Except as set forth otherwise disclosed on Schedule 6.9 and except as agreed SCHEDULE 6.12, on or prior to in writing by the Seller Parties and PurchaserClosing Date, all contracts, agreements or arrangements between the Company or and the SubsidiaryCompany Subsidiaries, on the one hand, and any Affiliates of the Company or the Subsidiaryits Affiliates, on the other, including any other hand (other than agreements or understandings (written or oral) with respect theretosolely between the Company and the Company Subsidiaries), shall terminate simultaneously with the Closing without any further action or liability on the part be terminated as of the parties thereto or be terminated by the Seller Parties Closing, and other parties thereto on or prior to the Closing Dateall obligations and liabilities thereunder shall have been satisfied.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Travelcenters of America LLC)

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Termination of Affiliate Contracts. Except as set forth on Schedule 6.9 From and except as agreed after the date of this Agreement until the earlier to in writing by occur of the Seller Parties and PurchaserEffective Time or termination of this Agreement pursuant to its terms, all contracts, agreements or arrangements between the Company shall take such action as may be necessary to cause the Contracts with Affiliates listed on Company Disclosure Schedule 6.8 to be terminated in full and of no further force or the Subsidiary, on the one hand, and any Affiliates effect as of the Company or the Subsidiary, on the other, including any agreements or understandings (written or oral) with respect thereto, shall terminate simultaneously with the Closing without any further action or liability on the part of the parties thereto or be terminated by the Seller Parties and other parties thereto on or prior to the Closing DateClosing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Triple-S Management Corp)

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