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.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Wausau Paper Corp.)
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.
Appears in 2 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (Datawatch Corp)
