Common use of Termination of Existing Intercompany Agreements Clause in Contracts

Termination of Existing Intercompany Agreements. Except as otherwise expressly provided in this Agreement, the Operating Agreements or as set forth on Schedule 2.6 and except for all receivables and payables accrued in the ordinary course of business of the Xxxxxxxx-Xxxxx Parties and the Halyard Parties, all Intercompany Agreements and all other intercompany arrangements and course of dealings, whether or not in writing and whether or not binding, in effect immediately prior to the Effective Time, shall be terminated and be of no further force and effect from and after the Effective Time.

Termination of Existing Intercompany Agreements. Except as otherwise expressly provided in this Agreement, the Operating Agreements or as set forth on Schedule 2.6 and except for the Intercompany Note and all receivables and payables accrued in the ordinary course of business of the XxxxxxxxKxxxxxxx-Xxxxx Parties and the Halyard Neenah Parties, all Intercompany Agreements and all other intercompany arrangements and course of dealings, whether or not in writing and whether or not binding, in effect immediately prior to the Effective TimeDistribution Date, shall be terminated and be of no further force and effect from and after the Effective TimeDistribution Date.

Termination of Existing Intercompany Agreements. Except as otherwise expressly provided in this Agreement, the Operating Agreements or as set forth on Schedule 2.6 and except for the Intercompany Note and all receivables and payables accrued in the ordinary course of business of the Xxxxxxxx-Xxxxx Parties and the Halyard Neenah Parties, all Intercompany Agreements and all other intercompany arrangements and course of dealings, whether or not in writing and whether or not binding, in effect immediately prior to the Effective TimeDistribution Date, shall be terminated and be of no further force and effect from and after the Effective TimeDistribution Date.