Provision of Certain Services. Purchasers acknowledge and agree that, as of the date hereof, the Business receives from Sellers and their Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Sellers (the "Support Services"). Sellers and Purchasers acknowledge and agree that, except as provided in the Ancillary Agreements or other arrangements that expressly survive the Closing, including the Intellectual Property Arrangements and the Master Subcontracting Print Arrangements, the Support Services shall cease at Closing, and all agreements and arrangements (whether or not in writing) in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto. SECTION 5.25
Appears in 1 contract
Sources: Purchase Agreement (Broadridge Financial Solutions, Inc.)
Provision of Certain Services. Purchasers acknowledge and agree that, as of the date hereof, the Business receives from Sellers and their Affiliates certain administrative and corporate services and benefits of a type generally provided to other businesses and Subsidiaries of Sellers (the "βSupport Services"β). Sellers and Purchasers acknowledge and agree that, except as provided in the Ancillary Agreements or other arrangements that expressly survive the Closing, including the Intellectual Property Arrangements and the Master Subcontracting Print Arrangements, the Support Services shall cease at Closing, and all agreements and arrangements (whether or not in writing) in respect thereof shall terminate as of the Closing Date, with no further obligation of any party thereto. SECTION 5.25.
Appears in 1 contract
Sources: Purchase Agreement (DST Systems Inc)