Common use of Termination of Affiliate Contracts Clause in Contracts

Termination of Affiliate Contracts. Purchaser shall, and shall cause its Affiliates (other than the Company), on the one hand, and the Company, on the other hand, to terminate the Affiliate Contracts with effect as of the Closing (the “Termination of Affiliate Contracts”). The Termination of Affiliate Contracts shall be without Liability or Loss to the Company, including as to Liabilities or Losses remaining under any Affiliate Contracts. Seller shall provide a full written release and exculpation to, and for the benefit of, the Company and Purchaser from any Liability, Loss, restriction or performance in connection with, arising out of, or relating to, the Termination of Affiliate Contracts.

Termination of Affiliate Contracts. Purchaser Seller shall, and shall cause its Affiliates (other than the Company), on the one hand, and the CompanyCompany and its Affiliates, on the other hand, to terminate the Affiliate Contracts with effect effective as of the Closing Effective Time (the “Termination of Affiliate Contracts”). The Termination of Affiliate Contracts shall be without Liability or Loss loss to the Company, including as to Liabilities or Losses remaining under any Affiliate Contracts. Seller and its Affiliates shall provide a full written release and exculpation to, and for the benefit of, Buyer and the Company and Purchaser Company, from any Liability, LossDamages, restriction or performance in connection with, arising out of, or relating to, the Termination of Affiliate Contracts. Notwithstanding the foregoing, the Termination of the Affiliate Contracts shall not affect the performance of the parties to the Transition Services Agreement.

Termination of Affiliate Contracts. Purchaser Seller shall, and shall cause its Affiliates (other than the CompanyCompanies), on the one hand, and the applicable Company, on the other hand, to terminate the Affiliate Contracts with effect as of the Closing (the “"Termination of Affiliate Contracts”"). The Termination of Affiliate Contracts shall be without Liability or Loss to the CompanyCompany in question, including as to Liabilities or Losses remaining under any Affiliate Contracts. Seller shall provide a full written release and exculpation to, and for the benefit of, the Company Companies and Purchaser from any Liability, Loss, restriction or performance in connection with, arising out of, or relating to, the Termination of Affiliate Contracts. For the avoidance of doubt, any Liability or Loss incurred by Purchaser in connection with any Affiliate Contract shall not be subject to the provisions of Section 8.2(c).