Common use of Termination of Affiliate Obligations Clause in Contracts

Termination of Affiliate Obligations. At or prior to the Closing, except as set forth on Schedule 7.16 of the Company Disclosure Schedule and liabilities relating to any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practice, the Company and the Major Company Stockholders, as applicable, shall cause all liabilities and obligations between any of the Company Group, on the one hand, and a Related Person, on the other hand with respect to the agreements listed on Schedule 3.23 of the Company Disclosure Schedule, to be terminated.

Termination of Affiliate Obligations. At On or prior to before the ClosingClosing Date, except as set forth on Schedule 7.16 of the Company Disclosure Schedule 5.12 and except for liabilities relating to any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practicebusiness, the Company all Contracts (other than this Agreement and the Major Company Stockholdersany Transaction Documents), as applicable, shall cause all liabilities and obligations obligations, between any of the Company GroupCompany, on the one hand, and a Related Personany Affiliate of the Company (including the Seller), on the other hand with respect to hand, including any Indebtedness, shall be terminated in full without any continuing liability or obligation on the agreements listed on Schedule 3.23 part of the Company Disclosure Schedule, to be terminatedfollowing the Closing.

Termination of Affiliate Obligations. At On or prior to before the ClosingClosing Date, except as set forth on Schedule 7.16 of the Company Disclosure Schedule 7.7 and liabilities relating to any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practicebusiness, the Company and the Major Company Stockholders, as applicable, shall cause all liabilities and obligations between any of the Company Groupor any Company Subsidiary, on the one hand, and a Related Person, one or more of its Affiliates (including any Seller but not including the Company Subsidiaries) on the other hand with respect to the agreements listed on Schedule 3.23 of hand, shall be terminated in full, without any liability for the Company Disclosure Schedule, to be terminatedor any Company Subsidiary thereof following the Closing.

Termination of Affiliate Obligations. At On or prior to before the ClosingClosing Date, except as set forth on Schedule 7.16 of the Company Disclosure Schedule and liabilities relating to any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practice7.7, the Company and the Major Company Stockholders, as applicable, shall cause all liabilities and obligations between any of the Company Groupor any Company Subsidiary, on the one hand, and a Related Person, one or more of its Affiliates (including the Seller and the Guarantor but not including the Company Subsidiaries) on the other hand with respect to the agreements listed on Schedule 3.23 of hand, shall be terminated in full, without any liability for the Company Disclosure Schedule, to be terminatedor any Company Subsidiary thereof following the Closing.

Termination of Affiliate Obligations. At On or prior to before the ClosingClosing Date, except as set forth on Schedule 7.16 6.14, and except for this Agreement and the Transaction Documents, all Xxxxxxxx Affiliate Contracts shall be settled and terminated in full and there shall be no Liability or obligations of the Company Disclosure Schedule and liabilities relating to or any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practiceCompany Subsidiary surviving such termination, the Company and the Major Company Stockholders, such termination being effective as applicable, shall cause all liabilities and obligations between any of the Company Group, on the one hand, and a Related Person, on the other hand with respect to the agreements listed on Schedule 3.23 completion of the Company Disclosure Schedule, to be terminatedClosing.

Termination of Affiliate Obligations. At On or prior to before the ClosingClosing Date, except as set forth on Schedule 7.16 6.11, and except for this Agreement and the Transaction Documents, all Xxxxxxxx Affiliate Contracts shall be settled and terminated in full and there shall be no Liability or obligations of the Company Disclosure Schedule and liabilities relating to or any (x) employment relationships and (y) the payment of compensation and benefits in the ordinary course of business consistent with past practiceCompany Subsidiary surviving such termination, the Company and the Major Company Stockholders, such termination being effective as applicable, shall cause all liabilities and obligations between any of the Company Group, on the one hand, and a Related Person, on the other hand with respect to the agreements listed on Schedule 3.23 completion of the Company Disclosure Schedule, to be terminatedClosing.