Common use of Intercompany Arrangements Clause in Contracts

Intercompany Arrangements. All intercompany and intracompany accounts, contracts or debt relating to the Business between the Seller, on the one hand, and any Affiliate of the Seller, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (New Media Investment Group Inc.), Asset Purchase Agreement (A. H. Belo Corp)

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Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt between and among the Sellers and their Affiliates relating to the Business between the Seller, on the one hand, and any Affiliate of the Seller, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Martha Stewart Living Omnimedia Inc)

Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt relating to the Business between the SellerBusiness, on the one hand, and any Affiliate of the SellerSeller and its Subsidiaries, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radisys Corp)

Intercompany Arrangements. All intercompany and intracompany accounts, contracts accounts or debt relating to the Business Contracts between the SellerBusiness, on the one hand, and any Affiliate of the SellerSellers and its Affiliates, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Register Co)

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Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt relating to the Business between the SellerBusiness, on the one hand, and any Affiliate of the SellerSeller or its Affiliates, on the other hand, shall be cancelled without any consideration or further liability to any party Party and without the need for any further documentation, immediately prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sequential Brands Group, Inc.)

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