Common use of Intercompany Agreements Clause in Contracts

Intercompany Agreements. Effective as of the consummation of the Distribution, ADA-ES and ESI shall (and shall cause each other member of its respective Group over which it has legal or effective direct or indirect control) to terminate each and every agreement between it and any member of the other Group other than this Agreement, any of the Ancillary Agreements and any of the license agreements referred to in Section 2.06(e) above; provided, however, that such termination shall not have any effect whatsoever on any of its rights and/or obligations that accrued or were incurred prior to the Distribution Date (subject to the terms of Section 2.13 above).

Appears in 4 contracts

Samples: Distribution Agreement (Earth Sciences Inc), Distribution Agreement (Ada-Es Ing), Distribution Agreement (Earth Sciences Inc)

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