Common use of Termination of Certain Agreements Clause in Contracts

Termination of Certain Agreements. Each Seller shall, and each Seller agrees that it shall cause the Company to, and the Company shall, effective as of the Closing, without any cost to the Company, terminate, rescind, cancel and render void and of no effect all of the Contracts between the Company on the one hand and such Seller or any of its Affiliates, as the case may be (other than the Company) on the other hand, and those Contracts entered into pursuant to this Agreement.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Certified Services Inc), Stock Purchase Agreement (Midwest Merger Management LLC), Stock Purchase Agreement (Momentum Holdings Corp)

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Termination of Certain Agreements. Each Seller The Sellers shall, and each Seller agrees the Sellers agree that it they shall cause their Affiliates and the Company to, and that their Affiliates and the Company shall, effective as of the ClosingClosing Date, without any cost to the Company, terminate, rescind, cancel and render void and of no effect all of the Contracts between the Company Company, on the one hand hand, and such Seller the Sellers or any of its their Affiliates, as the case may be (other than the Company) ), on the other hand, and except for those Contracts entered into pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Joshua Tree Construction Inc)

Termination of Certain Agreements. Each Seller shall, and each Seller agrees that it shall cause the Company to, and the Company shall, and agree that they shall cause their respective Affiliates to, effective as of the Closing, without any cost to to, payment by or liability of the Company, terminate, rescind, cancel and render void and of no effect any and all of the Contracts Contracts, if any, between the Company on the one hand and such Seller or any of its Affiliates, as the case may be Affiliates (other than the Company) on the other hand; provided, and those Contracts entered into pursuant that this Section 5.12 shall not apply to this Agreement or any Related Agreement, any Contract set forth on Schedule 5.12 or any Retained Indebtedness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mmi Products Inc)

Termination of Certain Agreements. Each Seller shall, and each Seller agrees that it shall cause its Affiliates and the Company to, and that its Affiliates and the Company shall, effective as of the Closing, without any cost to the Company, terminate, rescind, cancel and render void and of no effect all of the Contracts between the Company on the one hand and such Seller or any of its Affiliates, as the case may be (other than the Company) on the other hand, except for those Contracts listed in Exhibit 4.12 and those Contracts entered into pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cheshire Distributors Inc)

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Termination of Certain Agreements. Each The Seller shall, and each the Seller agrees agree that it shall cause its Affiliates and the Company to, and that its Affiliates and the Company shall, effective as of the ClosingClosing Date, without any cost to the Company, terminate, rescind, cancel and render void and of no effect all of the Contracts between the Company Company, on the one hand hand, and such the Seller or any of its Affiliates, as the case may be (other than the Company) ), on the other hand, and except for those Contracts entered into pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Thomson & Kernaghan Co LTD)

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