Common use of Termination of Affiliate Transactions Clause in Contracts

Termination of Affiliate Transactions. On or before the Closing Date, all Liabilities relating to the Transferred Business between the Seller, on the one hand, and one or more of its Affiliates, on the other hand, including any and all Contracts (other than any Transaction Document) between the Seller, on the one hand, and one or more of its Affiliates, on the other hand, shall be terminated in full, without any Liability to the Buyer or any of its Affiliates following the Closing.

Termination of Affiliate Transactions. On or before Prior to the Closing, the Seller and its Affiliates shall terminate all Affiliate Transactions (other than those being provided after the Closing Date, all Liabilities relating pursuant to the Transferred Business between Transition Services Agreement), in each case without any further obligation of the Seller, on Company or any of the one hand, Subsidiaries and one or more of its Affiliates, on the other hand, including with any and all Contracts (other than any Transaction Document) between related claims against the Seller, on Company and the one hand, and one or more of its Affiliates, on the other hand, shall be terminated in full, without any Liability to the Buyer or any of its Affiliates following the ClosingSubsidiaries being fully discharged.

Termination of Affiliate Transactions. On or before the Closing Date, all Liabilities except for liabilities relating to the Transferred Business Plans, all Affiliate Transactions or other liabilities between any member of the SellerCorporation or the Subsidiary, on the one hand, and one or more of its Affiliates, on the other hand, including any and all Contracts (other than any Transaction Document) between the Seller, on the one hand, and one or more of its AffiliatesRelated Parties, on the other hand, shall be terminated in full, without any Liability liability to Buyer, the Buyer Corporation or any of its their respective Affiliates following the Closing.