Termination of Affiliate Relationships Sample Clauses

Termination of Affiliate Relationships. Prior to the Closing, Seller will cause any and all obligations of Company to or for the benefit of Seller or any Affiliate of Seller to be discharged or terminated prior to the Closing.
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Termination of Affiliate Relationships. Any relationships and loans between the Company and the Stockholders or their Affiliates shall have been terminated to the reasonable satisfaction of Parent.
Termination of Affiliate Relationships. Except as contemplated by this Agreement, all Contracts between the Companies, on the one hand, and the Selling Shareholders and their Affiliates (other than the Companies), on the other hand (the "Affiliate Agreements") shall be terminated as of the Closing, and all Liabilities thereunder shall thereupon be discharged and released without any Liability or cost to the Companies, except that the agreements listed on Schedule 8.10 (the "Surviving Agreements") shall remain in full force and effect.
Termination of Affiliate Relationships. Prior to the Closing, Sellers will cause any and all obligations of either Company to or for the benefit of any Seller or any Affiliate of any Seller to be discharged or terminated prior to the Closing.
Termination of Affiliate Relationships. Except for the Transaction Agreements, on or prior to the Closing, Seller will terminate, or cause to be terminated, all transactions, Contracts and other arrangements between or among the Targets, on the one hand, and Seller and any of its Affiliates (other than the Targets) and Representatives, on the other, including, without limitation, the Cash Pooling Agreements and any accounts payable or accounts receivable.
Termination of Affiliate Relationships. Molina represents that the Company and its Subsidiaries can terminaxx xxxh of the agreements, arrangements and understandings listed on Exhibit E as well as any other agreement, arrangement and understanding between, on the one hand, Molina and/or any of his Affiliates, and, on the other hand, the Coxxxxx and/or any of its Subsidiaries, without payment of any penalty, liquidated damage or termination charge.
Termination of Affiliate Relationships. Except for the Xxxx Road lease and the Transition Agreements, prior to the Closing, Sellers will cause any and all obligations of Company to or for the benefit of Sellers or any Affiliate of any Seller to be discharged or terminated prior to the Closing, provided that to the extent cash of the Company is used to pay such debt such amount shall be subtracted in computing the Closing Working Capital.
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Related to Termination of Affiliate Relationships

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • Termination of Service Relationship If the Optionee’s Service Relationship terminates, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

  • Termination of Employment Relationship Your employment is terminable -------------------------------------- at will. That means that your employment relationship with Cardinal may be terminated by either party at any time, for any reason or no reason at all, subject to the notice provision addressed below. (a) Cardinal may terminate your employment for Cause effective immediately upon written notice. In the event that Cardinal terminates your employment for Cause, you will be entitled to earned and unpaid base salary and payment for any earned and unused vacation days through the last date of your employment.

  • Termination of Relationship If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • EMPLOYMENT RELATIONSHIPS The ORGANIZATION, its employees, volunteers or agents performing under this Agreement are not deemed to be employees of the COUNTY, nor volunteers or agents of the COUNTY in any manner whatsoever. No officer, employee, volunteer or agent of the ORGANIZATION will hold themselves out as, or claim to be, an officer, employee, volunteer or agent of the COUNTY by reason hereof, nor will they make any claim, demand or application to or for any right or privilege applicable to an officer, employee volunteer or agent of the COUNTY. The parties agree that the COUNTY will not be responsible for the payment of any industrial insurance premiums or related claims or other benefits that may arise during the performance of services under this Agreement for any ORGANIZATION employee or volunteer, or for any consultant’s, contractor’s or subcontractor’s employee(s) or agent(s) that has been retained by the ORGANIZATION.

  • Contractual Relationship It is understood and agreed that the relationship described in this Agreement between the Parties is contractual in nature and is not to be construed to create a partnership or joint venture or agency relationship between the parties. Neither party shall have the right to act on behalf of the other except as expressly set forth in this Agreement. Contractor will be solely responsible for and will pay all taxes related to the receipt of payments hereunder and shall give reasonable proof and supporting documents, if reasonably requested, to verify the payment of such taxes. No Contractor personnel shall obtain the status of or otherwise be considered an employee of NCTCOG or Participating Entity by virtue of their activities under this Agreement.

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

  • No Obligation to Continue Business Relationship Neither the Plan, this agreement, nor the grant of this option imposes any obligation on the Company to continue the Optionee in employment or other Business Relationship.

  • Business Relationship The relationship between a landlord and tenant is a business relationship. A courteous and businesslike attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, is under the influence, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.

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