Seller Obligation. The Seller agrees with each Underwriter, for the sole and exclusive benefit of such Underwriter and each person who controls such Underwriter within the meaning of either the Act or the Exchange Act and not for the benefit of any assignee thereof or any other person or persons dealing with such Underwriter, to indemnify and hold harmless such Underwriter and each person who controls such Underwriter within the meaning of either the Act or the Exchange Act against any failure by the Company to perform any of its obligations under this Agreement. The Seller agrees that there are no conditions precedent to the obligations of the Seller hereunder other than written demand to the Company to perform its obligations under this Agreement.
Seller Obligation. The Seller agrees with each Underwriter, for the sole and exclusive benefit of such Underwriter and each person who controls such Underwriter within the meaning of either the Act or the Exchange Act and not for the benefit of any assignee thereof or any other person or persons dealing with such Underwriter, to indemnify and hold harmless each Underwriter and each person who controls such Underwriter within the meaning of either the Act or the Exchange Act against any failure by BSABS to perform any of its obligations under this Agreement. The Seller agrees that there are no conditions precedent to the obligations of the Seller hereunder other than written demand to BSABS to perform its obligations under this Agreement.
Seller Obligation. The Seller agrees with each Underwriter, for the sole and exclusive benefit of such Underwriter and each person who controls a Underwriter within the meaning of either the Act or the Exchange Act and not for the benefit of any assignee thereof or any other person or persons dealing with such Underwriter, to indemnify and hold harmless each Underwriter and each person who controls a Underwriter within the meaning of either the Act or the Exchange Act against any failure by Renaissance to perform any of its obligations under this Agreement. The Seller agrees that there are no conditions precedent to the obligations of the Seller hereunder other than written demand to Renaissance to perform its obligations under this Agreement.
Seller Obligation. The Seller agrees with each Broker-Dealer, for the sole and exclusive benefit of such Broker-Dealer and each person who controls a Broker-Dealer within the meaning of either the Act or the Exchange Act and not for the benefit of any assignee thereof or any other person or persons dealing with such Broker-Dealer, to indemnify and hold harmless each Broker-Dealer and each person who controls a Broker-Dealer within the meaning of either the Act or the Exchange Act against any failure by IndyMac ABS to perform any of its obligations under this Agreement, the Underwriting Agreement or the Purchase Agreement. The Seller agrees that there are no conditions precedent to the obligations of the Seller hereunder other than written demand to IndyMac ABS to perform its obligations under this Agreement, the Underwriting Agreement or the Purchase Agreement.
Seller Obligation. Seller will pay all legal fees, title insurance and transfer taxes expense associated with the ownership and sale of the real estate. Seller to provide merchantable and clear title to all property sold.
Seller Obligation. Upon signature of this LOI and receipt by the Escrow agent of the Securing Deposit, and the furnishing by the BUYER of the POF, the SELLER shall immediately remove the Aircraft from the market.
Seller Obligation. 6 1.7 The Closing......................................................6 1.8
Seller Obligation. The Seller agrees with each Broker Dealer, for the sole and exclusive benefit of such Broker Dealer and each person who controls a Broker Dealer within the meaning of either the Act or the Exchange Act and not for the benefit of any assignee thereof or any other person or persons dealing with such Broker Dealer, to indemnify and hold harmless each Broker Dealer and each person who controls a Broker Dealer within the meaning of either the Act or the Exchange Act against any failure by the Depositor to perform any of its obligations under this Agreement. The Seller agrees that there are no conditions precedent to the obligations of the Seller hereunder other than written demand to the Depositor to perform its obligations under this Agreement.
Seller Obligation. Seller shall instruct (or cause Renova to instruct) the Custodian Agent to take all necessary steps and actions, on or prior to the Closing Date, in order to effectively formalize the transfer of the Light Renova Shares from the Seller to the Buyer within the proper share registration books and entries of Renova, as well as to instruct the Custodian Agent to perform the release and further registration of the Renova Shareholders’ Agreement and BNDESPAR Renova Shareholders’ Agreement over the Light Renova Shares to be held by Buyer, pursuant to paragraph 1st of Article 118 and item II of Article 40 of the Brazilian Corporations Law, as provided in this Agreement.
Seller Obligation. Except as required by any Law or Order, Seller shall not, for a period of 3 years after the Closing Date (i) disclose to any Person other than Buyer or Company, in any manner, directly or indirectly, any Information pertaining to the Business, which is licensed to or owned in whole or in part by Company or the Subsidiaries or which has been created or developed for, used in or necessary for the conduct of the Business; and (ii) solicit, either directly or indirectly for employment by Seller or its subsidiaries, persons who are directors, officers, agents, employees or contractors of Buyer or of Company or any Subsidiary after the Closing Date, provided that this restriction shall not prohibit Seller from placing general recruitment advertisements in newspapers or other publications of general circulation or responding to unsolicited inquiries.
