Intercompany Services Agreement Clause Samples
An Intercompany Services Agreement is a contract that outlines the terms under which one company within a corporate group provides services to another affiliated company. This agreement typically specifies the types of services offered, such as administrative, IT, or management support, and details the pricing, service levels, and payment terms. Its core function is to ensure transparency and compliance with legal and tax requirements by clearly documenting the nature and value of intercompany transactions, thereby reducing the risk of disputes or regulatory challenges.
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Intercompany Services Agreement. Borrowers shall not modify or amend any terms of the intercompany services agreement with IBEX Philippines (or any Subsidiary or Affiliate thereof) that would result in the reduction, delay, or waiver of any payments due to such Borrower without Bank’s prior written consent.
9. Section 9.2(b) of the Agreement is amended and restated in its entirety to read as follows:
Intercompany Services Agreement. The Seller shall have (i) terminated the Intercompany Services Agreement and (ii) caused the Company to have caused Shochet Securities, Inc., and not the Company, to pay to Seller an aggregate amount equal to $44,109.00, such amount representing all amounts due Seller under the Intercompany Services Agreement.
Intercompany Services Agreement. No later than twenty-five (25) Business Days after the Closing, the Company and the Seller shall enter into an intercompany services agreement on terms and conditions reasonably satisfactory to both Parties, that will provide, among other things, for the Seller to pay to the Company a monthly service fee of not less than Twenty-Five Thousand Dollars ($25,000) per month.
Intercompany Services Agreement. The Target and 21C shall have entered into the Intercompany Services Agreement in a form satisfactory to the Lenders, and a complete and correct fully-executed copy thereof shall have been delivered to the Administrative Agent and the Lenders.
Intercompany Services Agreement. Effective as of the Closing Date, S1 will have entered into an agreement with Edify to provide certain intercompany services substantially in the form attached hereto as Exhibit 8.2(e).
Intercompany Services Agreement. The Agent shall have received a fully executed copy of the Intercompany Services Agreement, certified by the Borrower as being true, correct and complete.
Intercompany Services Agreement. On or before the Execution Date, IESA, Interactive, Humongous, Inc. and Atari shall execute and deliver the Intercompany Services Agreement, in substantially the form annexed hereto as Exhibit B. Among other things, the Intercompany Services Agreement, shall in accordance with the terms thereof, terminate, supersede and replace the Existing Intercompany Services Agreements.
Intercompany Services Agreement. Amend the Intercompany Services Agreement in order to modify the manner in which Charges (as such term is defined therein) are calculated; pay any Charges, if an Event of Default then exists or would result from the payment of such Charges or other amounts on a Pro Forma Basis; provided, however, no such Event of Default will limit or prevent the payment of Out-of-Pocket Costs (as such term is defined in the Intercompany Services Agreement); Amend the Intercompany Services Agreement in order to increase payments for Shared Services (as such term is defined therein) to an amount greater than $250,000 in any Fiscal Year; pay any Charges (as such term is defined in the Intercompany Services Agreement) to the extent prohibited under the terms of the Services Fee Subordination Agreement.
Intercompany Services Agreement. PFP having caused any of its Affiliates (including, without limitation, Praxis Bienes Raices, S.A. de C.V.) which presently provide personnel or services to PFP and any of the other Praxis Companies to execute written agreements to continue to provide such personnel or services to PFP and the other Praxis Companies after Closing on essentially the same terms and conditions as are in accordance with past practice, except to the extent that the PAC Parties and PFP mutually agree to modify any of such terms and conditions.
Intercompany Services Agreement. 31 SECTION 7. Conditions to Closing of the Seller................................31