Common use of Termination of Affiliate Contracts Clause in Contracts

Termination of Affiliate Contracts. Except as set forth on Section 6.13 of the Sellers Disclosure Schedule, effective at the Closing, the Sellers shall cause all of the Affiliate Contracts to be terminated without any termination fees payable by the Purchased Entities or any costs or other Liability assessed to Buyer or its Affiliates thereunder (including the Purchased Entities); provided that the foregoing shall not affect the services to be provided pursuant to the Transition Services Agreement and the payments to be made thereunder. Section 6.14

Appears in 1 contract

Samples: Purchase Agreement

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Termination of Affiliate Contracts. Except as set forth on Section 6.13 of the Sellers Disclosure Schedule, effective at the Closing, the Sellers shall cause all of the Affiliate Contracts to be terminated without any termination fees payable by the Purchased Entities or any costs or other Liability assessed to Buyer or its Affiliates thereunder (including the Purchased Entities); provided that the foregoing shall not affect the services to be provided pursuant to the Transition Services Agreement and the payments to be made thereunder. Section 6.14.

Appears in 1 contract

Samples: Purchase Agreement (Huron Consulting Group Inc.)

Termination of Affiliate Contracts. Except as The Seller and the Company shall cause all Affiliate Contracts set forth on Section 6.13 6.14 of the Sellers Disclosure Schedule, effective at the Closing, the Sellers shall cause all of the Affiliate Contracts Schedule to be terminated effective as of the Closing (such termination to be without any termination fees payable by ongoing obligation or liability on the Purchased Entities or party of any costs or other Liability assessed to Buyer or its Affiliates thereunder (including the Purchased Entities); provided that the foregoing shall not affect the services to be provided Acquired Company) pursuant to documentation reasonably satisfactory to the Transition Services Agreement and the payments to be made thereunder. Section 6.14Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.)

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Termination of Affiliate Contracts. Except as Prior to the Closing, Seller shall use commercially reasonable efforts to (i) cause all Affiliate Contracts, other than those set forth on Section 6.13 6.12 of the Sellers Seller Disclosure Schedule, effective at the Closing, the Sellers shall cause all of the Affiliate Contracts to be terminated effective as of the Closing without any termination fees payable by further force or effect, and (ii) cause any Liabilities under any Intercompany Accounts between Seller and its Affiliates, on the Purchased Entities or any costs or one hand, and the Company, on the other Liability assessed to Buyer or its Affiliates thereunder (including the Purchased Entities); provided that the foregoing shall not affect the services hand, to be provided pursuant to the Transition Services Agreement and the payments to be made thereunder. Section 6.14settled, canceled, forgiven or released.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Coherus BioSciences, Inc.)

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