Common use of Termination of Intercompany Agreements Clause in Contracts

Termination of Intercompany Agreements. Effective at the Closing, all Contracts, including all obligations to provide goods, services or other benefits, between Newpark and/or any of its Subsidiaries (other than any Transferred Entity), on the one hand, and any of the Transferred Entities, on the other hand, shall be terminated without any party having any continuing obligation to the other, except for (i) this Agreement, and (ii) other Contracts listed in Section 5.9 of the Newpark Disclosure Schedule.

Termination of Intercompany Agreements. Effective at the Closing, all Contracts, including all obligations to provide goods, services or other benefits, between Newpark Sellers or Seller Parent and/or any of its Subsidiaries their respective Affiliates (other than any Transferred Entity), on the one hand, and any of the Transferred EntitiesEntity, on the other hand, shall be terminated without any party having any continuing obligation to the otherterminated, except for (i) this Agreement, and (ii) other the Contracts listed in Section 5.9 5.7 of the Newpark Seller Disclosure Schedule.

Termination of Intercompany Agreements. Effective at the Closing, all Contracts, including all obligations to provide goods, services or other benefits, between Newpark Seller, any Selling Sub and/or any of its their Subsidiaries (other than any a Transferred Entity), on the one hand, and any of the Transferred EntitiesEntity, on the other hand, shall be terminated without any party having any continuing obligation to the otherterminated, except for (i) this Agreement, and (ii) other Contracts listed the agreements set forth in Section 5.9 of the Newpark Seller Disclosure ScheduleSchedule and the Intangible Property.

Termination of Intercompany Agreements. Effective at the Closing, all Contracts (including any oral Contracts), including all obligations to provide goods, services or other benefits, between Newpark Parent and/or any of its Subsidiaries (other than any Transferred Entity), on the one hand, and any of the Transferred EntitiesEntity, on the other hand, shall be terminated without any party having any continuing obligation to the other, except for (i) this Agreementfor, the Ancillary Agreements and (ii) any other Contracts listed in on Section 5.9 5.8 of the Newpark Seller Disclosure Schedule.

Termination of Intercompany Agreements. Effective at (a) Prior to or concurrently with the Closing, all Contractscontracts or direct or indirect arrangements or obligations, including all obligations to provide goods, services claims or other benefitsliabilities, between Newpark and/or any of its Subsidiaries (other than any Transferred Entity)Acquired Company, on the one hand, and Parent or any of the Transferred Entitiesits Affiliates, all of which are set forth on the other handSchedule 4.13(a)(I), shall be terminated without any party having any continuing obligation to the otherand released, except for (i) this Agreement, and (ii) other Contracts listed in Section 5.9 of the Newpark Disclosure Schedulethose agreements set forth on Schedule 4.13(a)(II).

Termination of Intercompany Agreements. Effective at the Closing, all Contracts, including all obligations to provide goods, services or other benefits, between Newpark Seller and/or any of its Subsidiaries (other than any Transferred Entity), on the one hand, and any of the Transferred EntitiesEntity, on the other hand, shall be terminated without any party having any continuing obligation to the other, except for (i) this Agreement, (ii) the Ancillary Agreements and (iiiii) other Contracts listed in Section 5.9 of the Newpark Seller Disclosure Schedule.