Termination of Intercompany Agreements. On or prior to the Closing Date, Sellers and their Subsidiaries shall have caused the termination of all agreements, contracts or arrangements between any Seller or Excluded Sub on the one hand and any Subsidiary of any Seller (other than an Excluded Sub) on the other.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Silver Point Capital L.P.), Asset Purchase Agreement (U S Energy Systems Inc)
Termination of Intercompany Agreements. On or prior to the Closing Date, the Sellers and their Subsidiaries shall have caused terminate, or shall cause to be terminated, all of the termination of all agreements, contracts or arrangements between any Seller or Excluded Sub on the one hand and any Subsidiary of any Seller (other than an Excluded Sub) on the other.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Silver Point Capital L.P.), Asset Purchase Agreement (U S Energy Systems Inc)
Termination of Intercompany Agreements. On or prior to the Closing Date, Sellers and their Subsidiaries the Seller shall have caused terminate, or shall cause to be terminated, all of the termination of all agreements, contracts or arrangements between any Seller or Excluded a Transferred Sub on the one hand hand, and the Seller, a Selling Sub or any Subsidiary other Affiliate of any the Seller (other than an Excluded a Transferred Sub) on the otherother hand relating to the provision of services, cost-sharing or any other intercompany arrangement, including without limitation, such of the foregoing as are listed or described on Schedule 5.11.
Appears in 1 contract
