Common use of Intercompany Arrangements Clause in Contracts

Intercompany Arrangements. No later than immediately prior to the Closing, Seller shall, and shall cause its Affiliates to, terminate all agreements or arrangements, written or unwritten, of any kind (other than any Ancillary Agreements, including the Transition Services Agreement), between Seller or any of its Affiliates, on the one hand, and the Business, on the other hand.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Neophotonics Corp), Asset Purchase Agreement (Emcore Corp)

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Intercompany Arrangements. No later than immediately prior Prior to the Closing, Seller shall, and shall cause its Affiliates to, terminate all agreements Contracts or arrangements, written or unwritten, of any kind (other than this Agreement and any Ancillary Agreements, including the Transition Services Agreement), between Seller and any of its Affiliates with respect to the Business, such termination to have effect as of immediately prior to the Closing. Such termination shall be effected in a manner so as not to give rise to any Liability on the part of the Business for which Purchaser or any of its Affiliates, Affiliates may become responsible on or after the one hand, and the Business, on the other handClosing.

Appears in 1 contract

Samples: Business Transfer Agreement (Abbott Laboratories)

Intercompany Arrangements. No later than immediately prior Prior to the Closing, the Seller shall, and shall cause its Affiliates to, terminate all agreements or arrangements, written or unwritten, of any kind (other than this Agreement and any Ancillary Agreements, including the Transition Services Agreement), between the Seller or and any of its Affiliates, on the one hand, and Affiliates with respect to the Business, on such termination to have effect as of immediately prior to the other handClosing.

Appears in 1 contract

Samples: Transfer Agreement (Hospira Inc)

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Intercompany Arrangements. No later than immediately Except as set out in this Agreement, prior to the Closing, the Seller shall, and shall cause its Affiliates to, terminate all agreements or arrangements, written or unwritten, of any kind (other than any Ancillary Agreements, including the Transition Services Agreement)kind, between the Seller or and any of its Affiliates, on the one hand, and Affiliates with respect to the Business, on such termination to have effect immediately prior to the other handClosing.

Appears in 1 contract

Samples: Business Transfer Agreement (Akorn Inc)

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