SELLER'S CALL RIGHT Sample Clauses

SELLER'S CALL RIGHT. At any time after the Closing, Seller shall be entitled to provide written notice to Buyer (the "CALL NOTICE") of its election to repurchase the Conveyed Assets from Buyer in consideration for Two Million Five Hundred Thousand Dollars ($2,500,000) (the "PUT/CALL AMOUNT"). The Call Notice shall constitute an irrevocable offer to purchase the Conveyed Assets from Buyer, and upon receipt of the Call Notice, Buyer shall be irrevocably obligated to sell the Conveyed Assets to Seller (or Seller's designee identified in the Call Notice) in consideration for the Put/Call Amount, subject to receipt of all required regulatory approvals, including the consent of the FCC to transfer the FCC License from Buyer to Seller (or Seller's designee). The closing of the purchase and sale of the Conveyed Assets to Seller (or Seller's designee) pursuant to this SECTION 1.8 shall occur within a reasonable time following the date upon which all such required regulatory approvals have been obtained and Buyer shall assist Seller in obtaining such required regulatory approvals.
Sample 1
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Related to SELLER'S CALL RIGHT

  • Seller’s Closing Deliverables At or prior to the Closing, Seller shall deliver, or cause to be delivered, to Buyer each of the following:

  • Seller’s Closing Conditions The obligations of Seller under this Agreement are subject, at the option of Seller, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Seller's Conditions to Closing The obligations of the Seller under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Seller’s Conditions for Closing Unless otherwise waived in writing, and without prejudice to Seller’s right to cancel this Contract during the Review Period, the duties and obligations of Seller to proceed to Closing under the terms and provisions of this Contract are and shall be expressly subject to strict compliance with, and satisfaction or waiver of, each of the conditions and contingencies set forth in this Section 9.2, each of which shall be deemed material to this Contract. In the event of the failure of any of the conditions set forth in this Section 9.2, which condition is not waived in writing by Seller, Seller shall have the right at its option to declare this Contract terminated and null and void, in which case the remaining Xxxxxxx Money Deposit and any interest thereon shall be immediately returned to Buyer and each of the parties shall be relieved from further liability to the other, except as otherwise expressly provided herein.

  • Purchaser’s Closing Deliveries At the Closing, the Purchaser shall deliver or cause to be delivered to the Vendor the following documents and payments:

  • Purchaser’s Closing Conditions The Purchaser’s obligations to close the transactions described in this Agreement are subject to the satisfaction at or prior to Closing of the following conditions precedent (the “Purchaser’s Closing Conditions”):

  • Purchaser’s Conditions to Closing The obligations of the Purchaser under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Seller Closing Deliverables At the Closing, Seller shall deliver or cause to be delivered to Buyer:

  • Seller Closing Deliveries No later than 1 Business Day prior to the Closing Date, Seller shall deliver to Escrow Agent, each of the following items:

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