Common use of Termination of Intercompany Agreements Clause in Contracts

Termination of Intercompany Agreements. Without limiting the generality of Section 3.1(e) and subject to the provisions of Section 3.1(c), each of the Parties agrees that, except for this Agreement and the Ancillary Agreements (including any amounts owed with respect to such agreements), all Intercompany Agreements and all other intercompany arrangements and course of dealings, whether or not in writing and whether or not binding or in effect immediately prior to the Distribution Time, shall terminate immediately prior to the Distribution Time unless the Parties thereto otherwise agree in writing after the date of this Agreement.

Appears in 4 contracts

Samples: Master Separation Agreement, Master Separation Agreement (Babcock & Wilcox Co), Master Separation Agreement (McDermott International Inc)

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Termination of Intercompany Agreements. Without limiting the generality of Section 3.1(e) and subject to the provisions terms of Section 3.1(c)3.1 and Schedule D, each of the Parties parties hereto agrees that, except for this Agreement Agreement, the Subleases and the Ancillary Agreements (including any amounts owed with respect to such agreements), all Intercompany Agreements and all other intercompany arrangements and course of dealings, dealings whether or not in writing and whether or not binding or in effect immediately prior to the Distribution Time, Time shall terminate immediately prior to the Distribution Time (other than the Ancillary Agreements) unless the Parties parties thereto otherwise agree in writing after the date of this Agreement.

Appears in 4 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Carrols Restaurant Group, Inc.), Separation and Distribution Agreement (Fiesta Restaurant Group, Inc.)

Termination of Intercompany Agreements. Without limiting the generality of Section 3.1(e) and subject to the provisions terms of Section 3.1(c)3.1 and Schedule 1.92, each of the Parties parties hereto agrees that, except for this Agreement and the Ancillary Agreements (including any amounts owed with respect to such agreements), all Intercompany Agreements and all other intercompany arrangements and course of dealings, dealings whether or not in writing and whether or not binding or in effect immediately prior to the Distribution Time, Time shall terminate immediately prior to the Distribution Time unless the Parties parties thereto otherwise agree in writing after the date of this Agreement.

Appears in 3 contracts

Samples: Master Separation Agreement (Seahawk Drilling, Inc.), Master Separation Agreement (Pride International Inc), Master Separation Agreement (Pride SpinCo, Inc.)

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Termination of Intercompany Agreements. Without limiting the generality of Section 3.1(e) and ), but subject to the provisions of Section 3.1(c), each of the Parties agrees that, except for this Agreement Agreement, the Ancillary Agreements and the Ancillary Continuing Agreements (including any amounts owed with respect to such agreements), all Intercompany Agreements and all other intercompany arrangements and course of dealings, whether or not in writing and whether or not binding or in effect immediately prior to the Distribution Time, shall terminate immediately prior to the Distribution Time unless the Parties thereto otherwise agree in writing after the date of this Agreement.other

Appears in 2 contracts

Samples: Master Separation Agreement, Master Separation Agreement (Babcock & Wilcox Enterprises, Inc.)

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