Common use of Termination of Affiliate Transactions Clause in Contracts

Termination of Affiliate Transactions. Effective at the Closing, pursuant to the Affiliate Transactions Termination Agreement, Seller shall cause all of the Affiliate Transactions to be terminated without any termination fees payable by the Company or any costs or other Liability assessed to Purchaser or its Affiliates thereunder (including the Company); 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.

Appears in 1 contract

Samples: Purchase Agreement (Valhi Inc /De/)

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Termination of Affiliate Transactions. Effective at At or prior to the Closing, pursuant to the Affiliate Transactions Termination Agreement, Seller shall cause all of the Affiliate Transactions to be terminated without any termination fees payable by terminated, other than the Shared Contracts that are not otherwise replaced or assigned pursuant to Section 6.18(b), contracts solely between or among the Group Companies and the Affiliate Transactions listed on Section 6.15 of the Company or any costs or other Liability assessed to Purchaser or its Affiliates thereunder (including the Company); provided that the foregoing shall not affect the services to be provided pursuant to the Transition Services Agreement and the payments to be made thereunderDisclosure Letter.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tempus AI, Inc.)

Termination of Affiliate Transactions. Effective at Prior to the Closing, pursuant Seller shall, and shall cause its subsidiaries and controlled Affiliates to, cause all Contracts and intercompany accounts by and between Seller or its subsidiaries or Affiliates, on the one hand, and any Group Company, on the other hand, to be terminated, with no resulting or continuing Liability of any Group Company with respect thereto. Seller shall provide Buyer reasonable evidence of the termination thereof prior to the Affiliate Transactions Termination Agreement, Seller shall cause all of the Affiliate Transactions to be terminated without any termination fees payable by the Company or any costs or other Liability assessed to Purchaser or its Affiliates thereunder (including the Company); provided that the foregoing shall not affect the services to be provided pursuant to the Transition Services Agreement and the payments to be made thereunderClosing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blucora, Inc.)

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Termination of Affiliate Transactions. Effective at the Closing, pursuant to the Affiliate Transactions Termination Agreement, Seller shall cause all of the Affiliate Transactions to be terminated without any termination fees payable by the Company or any costs or other Liability assessed to Purchaser or its Affiliates thereunder (including the Company); 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.

Appears in 1 contract

Samples: Purchase Agreement (Valhi Inc /De/)

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