Intercompany Arrangements. All intercompany and intracompany accounts, contracts or debt relating to the Business between the Seller, on the one hand, and any Affiliate of the Seller, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.
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Sources: Asset Purchase Agreement (New Media Investment Group Inc.), Asset Purchase Agreement (A. H. Belo Corp)
Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt relating to the Business between the SellerBusiness, on the one hand, and any Affiliate of the SellerSeller and its Subsidiaries, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.
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Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt between and among the Sellers and their Affiliates relating to the Business between the Seller, on the one hand, and any Affiliate of the Seller, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.
Appears in 1 contract
Sources: Asset Purchase Agreement (Martha Stewart Living Omnimedia Inc)
Intercompany Arrangements. All intercompany and intracompany accounts, contracts accounts or debt relating to the Business Contracts between the SellerBusiness, on the one hand, and any Affiliate of the SellerSellers and its Affiliates, on the other hand, shall be cancelled without any consideration or further liability to any party and without the need for any further documentation, immediately prior to the Closing.
Appears in 1 contract
Intercompany Arrangements. All intercompany and intracompany accounts, accounts or contracts or debt relating to the Business between the SellerBusiness, on the one hand, and any Affiliate of the SellerSeller or its Affiliates, on the other hand, shall be cancelled without any consideration or further liability to any party Party and without the need for any further documentation, immediately prior to the Closing.
Appears in 1 contract
Sources: Asset Purchase Agreement (Sequential Brands Group, Inc.)
Intercompany Arrangements. All Effective immediately prior to the Closing, all intercompany and intracompany accounts, accounts or contracts or debt relating to the Business between the SellerCompany, on the one hand, and any Affiliate of the SellerSeller and its Affiliates (other than the Company), on the other hand, shall will be cancelled without any consideration payment or further liability to any party and without the need for any further documentation, immediately prior to the Closingparty.
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