Common use of Intercompany Agreements Clause in Contracts

Intercompany Agreements. All contracts, licenses, agreements, commitments or other arrangements, formal or informal, between any member of the U S WEST Group, on the one hand, and any member of the New U S WEST Group, on the other, in existence as of the Separation Time, pursuant to which any member of either Group provides services to any member of the other Group (including, without limitation, management, administrative, financial, accounting, data processing, insurance or technical support), or the use of any Assets of any member of the other Group, or the secondment of any employee, or pursuant to which rights, privileges or benefits are afforded to members of either Group or Affiliates of the other Group, shall terminate as of the close of business on the day prior to the Separation Time, except (i) as specifically provided herein or in the Transaction Documents or as otherwise agreed to by the parties, (ii) for the agreements listed in Section 9.2 of the Separation Disclosure Schedule, which will remain in effect following the Separation Time and (iii) to the extent required by the terms of the AirTouch Merger Agreement, for any agreements between a member of the New U S WEST Group, on the one hand, and NewVector or any of its Subsidiaries or investments or PCS Holdings, on the other hand. From and after the Separation Time, no member of either Group shall have any rights under any contract, license, agreement, commitment or arrangement so terminated.