Common use of Nature of Certain Obligations Clause in Contracts

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 3 contracts

Samples: Stock Purchase Agreement (LDM Technologies Inc), Stock Purchase Agreement (Ralcorp Holdings Inc /Mo), Stock Purchase Agreement (Starbridge Global Inc)

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Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section 2(ass.2(a) above concerning the sale of his his, her, or its Target Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section 3(ass.3(a) above concerning the transaction are several individual obligations. This means that the particular Seller making the representation, warranty, or covenant will shall be solely responsible to the extent provided in Section 8 ss.8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Renegade Venture Nev Corp), Stock Purchase Agreement (Renegade Venture Nev Corp)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(ass.2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 ss.8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Eif Holdings Inc), Stock Purchase Agreement (Eif Holdings Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a(S)2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a(S)3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 (S)8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Sonic Foundry Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section '2(a) above concerning the sale of his or its Target his/her Target's Shares to the Buyer Acquirer and the representations and warranties of each of the Sellers in Section '3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 '6 above for any Adverse Consequences the Buyer Acquirer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fun Tyme Concepts Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above 3 concerning the transaction and the post-closing covenants in Section 7 are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above 9 for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Escrow Agreement (Romac International Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section 2(a§3(a) above concerning the sale of his his, her, or its Target Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section §3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 §7 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Issuer Direct Corp)

Nature of Certain Obligations. (iA) The covenants of each of the Sellers in Section 2(a) 2.1 above concerning the sale of his or its Target MM&S Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) Article 3 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 Article 9 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Remote MDX Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section 2(a) above Article 1 concerning the sale of his or its Target Shares Units to the Buyer Purchaser and the representations and warranties of each of the Sellers Seller in Section 3(a) above Articles 3 and 4 concerning the transaction are several individual obligations. This means that the particular Seller making the representation, warranty, warranty or covenant will shall be solely responsible to the extent provided in Section 8 above Article 7 for any Adverse Consequences the Buyer adverse consequences Purchaser may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Monterey Pasta Co)

Nature of Certain Obligations. (i) 11.1.1 The covenants of each of the Sellers in Section 2(a) 2.1 above concerning the sale of his or its Target Shares her Brxxx Xhares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) 3.1 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mity Lite Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section 2(a§3(a) above concerning the sale of his or its Target the Company Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section §3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 §7 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Issuer Direct Corp)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section §:2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section §:3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section §:8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sys)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a(S)2(a) above concerning the sale of his or its Target Antrum Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a(S)3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 (S)8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (JPM Co)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its shares of stock in the Target Shares Corporations or partnership interest in the Target Partnership to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, warranty or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Acquisition Agreement (Allegheny Energy Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wintrust Financial Corp)

Nature of Certain Obligations. (i) 8.1.1. The covenants of each of the Sellers in Section 2(a) 2.1 above concerning the sale of his or its Target Company Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) 3.1 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 6 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Nu Skin Enterprises Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its her Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Afc Cable Systems Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section 2(a) above Article 1 concerning the sale of his or its Target Shares to the Buyer Purchaser and the representations and warranties of each of the Sellers Seller in Section 3(a) above Article 4 concerning the transaction are several individual obligations. This means that the particular Seller making the representation, warranty, warranty or covenant will shall be solely responsible to the extent provided in Section 8 above Article 7 for any Adverse Consequences the Buyer adverse consequences Purchaser may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monterey Gourmet Foods)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Company Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Contribution and Stock Purchase Agreement (Madison River Capital LLC)

Nature of Certain Obligations. (i) 11.1.1 The covenants of each of the Sellers Seller in Section 2(a) 3.1 above concerning the sale of his or its Target Treasure Valley Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section 3(a) 4 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monroc Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section §2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section §3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section §8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock for Stock Exchange Agreement (Intac International Inc)

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Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares Class A Units to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Unit Purchase Agreement (Viasat Inc)

Nature of Certain Obligations. (ia) The covenants of each of the Sellers Seller in Section 2(a) above 2.1 concerning the sale of his his, her or its Target Shares Acquired Interests to the Buyer and Buyer, the representations and warranties of each of the Sellers Seller in Section 3(a) above Article III concerning the transaction and the covenants of each Seller and individual in Section 7.5 regarding certain competitive and other activities are several obligations. This means that the particular Seller or individual making the representation, warranty, warranty or covenant will be solely responsible to the extent provided in Section 8 above the Indemnification Agreement for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Acquisition Agreement (Alpha NR Holding Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a(S)2(a) above concerning the sale of his or its Target Companies' Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a(S)3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 (S)8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argosy Education Group Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its her Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 7 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Lexar Media Inc)

Nature of Certain Obligations. (ia) The covenants of each of the Sellers in Section 2(a) 2.1 above concerning the sale of his or its Target Company Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) 3.1 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in in, and subject to the limitation of, Section 8 7 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jpe Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers Seller in Section §2(a) above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers Seller in Section §3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section §8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Evolution Resources, Inc.)

Nature of Certain Obligations. (ia) The covenants of each of the Sellers in Section 2(a) 2.1 above concerning the sale of his or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) 3.1 above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 6 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Koala Corp /Co/)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a(S)2(a) above concerning the sale of his the Company Shares or its Target Shares the Xxxxxxx Pocono Assets to the Buyer and the representations and warranties of each of the Sellers in Section 3(a(S)3(a) above concerning the transaction are several obligations. This means that the The particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 (S)8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Purchase Agreement (Adams Outdoor Advertising LTD Partnership)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his his, her or its Target Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Pivotal Corp)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his his, her or its Target Shares to the Buyer and the representations representations, warranties and warranties covenants of each of the Sellers in Section 3(a) above concerning the transaction are several individual obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pivotal Corp)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares With respect to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that above, the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereofthereof by such Seller.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Delias Inc)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Shares to the Buyer Purchaser and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer Purchaser may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Relocate 411 Com Inc /)

Nature of Certain Obligations. (i) The covenants of each of the Sellers in Section 2(a) above concerning the sale of his or its Target Company Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are several obligations. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible to the extent provided in Section 8 above for any Adverse Consequences the Buyer may suffer as a result of any breach thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Glacier Corp)

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