Intercompany Contracts. Except as contemplated in the Transition Services Agreement (or as set forth in Schedule 1.3(b)(ii)), all contracts and arrangements between the Companies and the Subsidiaries, on the one hand, and Parent and Seller or any of their subsidiaries (other than the Acquired Companies), on the other hand, will be terminated as of the Closing Date, at no liability to the Companies or the Subsidiaries.
Appears in 2 contracts
Sources: Share Purchase Agreement (Adc Telecommunications Inc), Share Purchase Agreement (Gentek Inc)