Common use of Termination of Affiliate Agreements Clause in Contracts

Termination of Affiliate Agreements. All agreements between the Company and its Affiliates (other than an Acquired Company and other than employment, severance or other similar arrangements with officers of any Acquired Company) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any other Acquired Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Middleby Corp)

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Termination of Affiliate Agreements. All The Company shall have terminated all agreements between the Company and its Affiliates (other than an Acquired Company its Subsidiaries) listed in Schedule 5.7 and other than employment, severance or other similar arrangements with officers of any Acquired Company) shall be terminated as of the Closing Date, and canceled all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or of any other Acquired Companyof its Subsidiaries.

Appears in 1 contract

Samples: Recapitalization Agreement and Plan of Merger (Leiner Health Services Corp.)

Termination of Affiliate Agreements. All Except as set forth on Section 5.10 of the Company Disclosure Schedule, all agreements between the Company and its Affiliates affiliates (other than an Acquired Company and other than employment, severance or other similar arrangements with officers of any Acquired Companyits subsidiaries) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any other Acquired Companyof its subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nationsrent Companies Inc)

Termination of Affiliate Agreements. All agreements between the Company and its Affiliates (other than an Acquired Company and other than employment, severance or other similar arrangements with officers of any Acquired Company) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any other Acquired Companyterminated.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argan Inc)

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Termination of Affiliate Agreements. All Except as set forth on Schedule 6.10, all agreements between the Company and its Affiliates (other than an Acquired Company and other than employment, severance or other similar arrangements with officers of any Acquired Companyarrangements) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any other Acquired Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Providence Service Corp)

Termination of Affiliate Agreements. All agreements between the Company and its Affiliates affiliates (other than an Acquired Company and a Transferred Subsidiary), other than employmentagreements listed on Schedule 6.11 or as otherwise provided in the Spin-Off Agreement, severance or other similar arrangements with officers of any Acquired Company) shall be terminated as of the Closing Date, and all obligations and liabilities thereunder shall be canceled without payment or any further liability on the part of the Company or any other Acquired Companyof the Transferred Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ball Corp)

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