Common use of Intercompany Transactions Clause in Contracts

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between Seller and each Shareholder and between Seller and any of its Affiliates that in any way is related to or otherwise affects any Purchased Asset shall be released by Seller, each Shareholder or any Affiliate of either of them, as the case may be, and each Shareholder hereby releases any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (I Sector Corp), Asset Purchase Agreement (I Sector Corp)

AutoNDA by SimpleDocs

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between Seller and each Shareholder Shareholders and between Seller and any of its Affiliates that in any way is are related to or otherwise affects affect any Purchased Asset shall be released by Seller, each Shareholder Shareholders or any Affiliate of either of them, as the case may be, and each Shareholder Shareholders hereby releases release any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (INX Inc), Asset Purchase Agreement (INX Inc)

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between Seller and each Shareholder and between Seller and any of its Affiliates that in any way is are related to or otherwise affects affect any Purchased Asset shall be released by Seller, each Shareholder or any Affiliate of either of them, as the case may be, and each Shareholder hereby releases release any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (INX Inc)

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between the Seller and each Shareholder and between the Seller and any of its Affiliates that in any way is related to or otherwise affects any Purchased Asset shall be released by the Seller, each Shareholder or any Affiliate of either of them, as the case may be, and each Shareholder hereby releases any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (I Sector Corp)

AutoNDA by SimpleDocs

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between Seller and each Shareholder and between Seller and any of its Affiliates that in any way is related to or otherwise affects any Purchased Asset shall be released by Seller, each Shareholder or any Affiliate of either of them, as the case may be, and each Shareholder hereby releases any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (INX Inc)

Intercompany Transactions. Prior to the Closing, all intercompany payables and receivables between Seller and each Shareholder any of the Shareholders and between Seller and any of its Affiliates that in any way is are related to or otherwise affects affect any Purchased Asset shall be released by Seller, each Shareholder Shareholders or any Affiliate of either of them, as the case may be, and each Shareholder Shareholders hereby releases release any claims or other rights he or she may have in and to any of the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (INX Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.