{"component": "clause", "props": {"groups": [{"samples": [{"hash": "7GAm9oPE5YK", "uri": "/contracts/7GAm9oPE5YK#sellers-obligations", "label": "Sale and Purchase Agreement (Electronic Arts Inc.)", "score": 19.0, "published": true}], "snippet": "At Completion:\n(a) each Seller shall deliver to the Purchaser:\n(i) duly executed share transfer forms in favour of the Purchaser or its nominee(s) of the Shares set opposite such Seller\u2019s name in columns (A) to (C) of Part 3 of Appendix 1 and, in the case of Shruki \u2587\u2587\u2587\u2587\u2587\u2587\u2587, the Special Voting Share;\n(ii) the share certificate(s) representing the Shares set opposite such Seller\u2019s name in columns (A) to (C) of Part 3 of Appendix 1 and, in the case of Shruki \u2587\u2587\u2587\u2587\u2587\u2587\u2587, the Special Voting Share (or an express indemnity in a form satisfactory to the Purchaser in the case of any found to be missing);\n(iii) such waivers or consents as may be necessary to enable such Seller to transfer to the Purchaser or its nominee(s) the Shares set opposite such Seller\u2019s name in columns (A) to (C) of Part 3 of Appendix 1 and, in the case of Shruki \u2587\u2587\u2587\u2587\u2587\u2587\u2587, the Special Voting Share;\n(iv) a resolution directing the Company to enter into the Deed of Waiver;\n(v) the Restricted Securities Elections duly executed by the Seller, to the extent that Seller is a UK Seller and the Company;\n(b) the Management Sellers shall procure the delivery to the Purchaser of:\n(i) the certificate of incorporation, common seal (if any), minute books, statutory registers and share certificate books of each Group Company;\n(ii) the resignations of all the directors of the Company (other that the Management Sellers), in each case acknowledging (by way of deed) that he has no claim against the Company, whether for loss of office or otherwise;\n(iii) the resignation of the auditors of each Group Company in each case confirming that there are no circumstances connected with their resignation which should be brought to the attention of the members or creditors of that Group Company and that no fees are due to them, together with a statement prepared by each Group Company setting out the reasons for the auditors ceasing to hold office;\n(iv) a certificate in the Agreed Form, duly executed by the Management Sellers, to the effect that there is no indebtedness for borrowed money outstanding from any Group Company to any Seller or any person connected with any Seller;\n(v) a certified copy of the written resolutions of the Company in the Agreed Form;\n(vi) a counterpart of the Put and Call Option Agreement duly executed by Swap Nominee as nominee for the UK Sellers; and\n(vii) a counterpart of the Escrow Agreement duly executed by the Sellers\u2019 Representative; and\n(viii) a counterpart of the Disclosure Letter duly executed by the Management Sellers;\n(ix) a certified copy of the minutes of the meeting referred to in paragraph (c) below;\n(x) a certified copy of the Sellers\u2019 Representative Agreement;\n(xi) a certified copy of the Deed of Termination; and\n(xii) a counterpart of the Tax Deed duly executed by each of the Sellers;\n(c) the Management Sellers shall procure that board meetings of the Company is held at which it is resolved that:\n(i) the Company resolves to enter into the Deed of Waiver;\n(ii) such persons as the Purchaser nominates are appointed as additional directors and the secretary of the Company;\n(iii) its registered office is changed to such address at the Purchaser nominates;\n(iv) the transfers referred to in paragraph (a)(i) above (subject only to their being duly stamped) are, to the extent relevant, approved for registration;\n(v) such auditors as the Purchaser nominates are appointed as auditors; and\n(vi) its bank mandates are revised in such manner as the Purchaser requires.", "size": 29, "snippet_links": [{"key": "at-completion", "type": "clause", "offset": [0, 13]}, {"key": "seller-shall", "type": "clause", "offset": [24, 36]}, {"key": "deliver-to", "type": "definition", "offset": [37, 47]}, {"key": "share-transfer-forms", "type": "definition", "offset": [81, 101]}, {"key": "in-favour-of-the-purchaser", "type": "clause", "offset": [102, 128]}, {"key": "the-shares", "type": "clause", "offset": [150, 160]}, {"key": "part-3", "type": "definition", "offset": [218, 224]}, {"key": "appendix-1", "type": "clause", "offset": [228, 238]}, {"key": "in-the-case", "type": "clause", "offset": [244, 255]}, {"key": "special-voting-share", "type": "definition", "offset": [279, 299]}, {"key": "share-certificate", "type": "clause", "offset": [310, 327]}, {"key": "express-indemnity", "type": "clause", "offset": [501, 518]}, {"key": "form-satisfactory", "type": "clause", "offset": [524, 541]}, {"key": "transfer-to", "type": "clause", "offset": [676, 687]}, {"key": "to-enter", "type": "definition", "offset": [911, 919]}, {"key": "deed-of-waiver", "type": "definition", "offset": [929, 943]}, {"key": "restricted-securities-elections", "type": "clause", "offset": [953, 984]}, {"key": "executed-by", "type": "definition", "offset": [990, 1001]}, {"key": "to-the-extent", "type": "clause", "offset": [1014, 1027]}, {"key": "and-the-company", "type": "clause", "offset": [1055, 1070]}, {"key": "management-sellers", "type": "definition", "offset": [1080, 1098]}, {"key": "delivery-to-the", "type": "clause", "offset": [1117, 1132]}, {"key": "the-certificate-of-incorporation", "type": "clause", "offset": [1151, 1183]}, {"key": "common-seal", "type": "clause", "offset": [1185, 1196]}, {"key": "minute-books", "type": "definition", "offset": [1207, 1219]}, {"key": "statutory-registers", "type": "definition", "offset": [1221, 1240]}, {"key": "each-group-company", "type": "definition", "offset": [1272, 1290]}, {"key": "directors-of-the-company", "type": "clause", "offset": [1325, 1349]}, {"key": "each-case", "type": "definition", "offset": [1390, 1399]}, {"key": "no-claim-against-the-company", "type": "clause", "offset": [1443, 1471]}, {"key": "for-loss-of", "type": "clause", "offset": [1481, 1492]}, {"key": "the-auditors", "type": "clause", "offset": [1539, 1551]}, {"key": "company-in", "type": "clause", "offset": [1566, 1576]}, {"key": "no-circumstances", "type": "clause", "offset": [1613, 1629]}, {"key": "attention-of", "type": "definition", "offset": [1694, 1706]}, {"key": "the-members", "type": "clause", "offset": [1707, 1718]}, {"key": "no-fees", "type": "clause", "offset": [1763, 1770]}, {"key": "prepared-by", "type": "clause", "offset": [1814, 1825]}, {"key": "setting-out", "type": "clause", "offset": [1845, 1856]}, {"key": "ceasing-to-hold-office", "type": "clause", "offset": [1886, 1908]}, {"key": "in-the-agreed-form", "type": "definition", "offset": [1929, 1947]}, {"key": "no-indebtedness-for-borrowed-money", "type": "clause", "offset": [2018, 2052]}, {"key": "any-person", "type": "definition", "offset": [2105, 2115]}, {"key": "certified-copy", "type": "clause", "offset": [2149, 2163]}, {"key": "resolutions-of-the-company", "type": "clause", "offset": [2179, 2205]}, {"key": "agreement-duly-executed", "type": "clause", "offset": [2272, 2295]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [2370, 2390]}, {"key": "by-the-sellers", "type": "clause", "offset": [2405, 2419]}, {"key": "disclosure-letter", "type": "definition", "offset": [2469, 2486]}, {"key": "minutes-of-the-meeting", "type": "clause", "offset": [2557, 2579]}, {"key": "of-the-sellers", "type": "clause", "offset": [2637, 2651]}, {"key": "representative-agreement", "type": "definition", "offset": [2653, 2677]}, {"key": "deed-of-termination", "type": "definition", "offset": [2708, 2727]}, {"key": "tax-deed", "type": "clause", "offset": [2760, 2768]}, {"key": "meetings-of-the-company", "type": "clause", "offset": [2859, 2882]}, {"key": "it-is-resolved-that", "type": "clause", "offset": [2900, 2919]}, {"key": "directors-and", "type": "clause", "offset": [3053, 3066]}, {"key": "secretary-of-the-company", "type": "clause", "offset": [3071, 3095]}, {"key": "registered-office", "type": "definition", "offset": [3107, 3124]}, {"key": "is-changed-to", "type": "clause", "offset": [3125, 3138]}, {"key": "the-transfers", "type": "clause", "offset": [3185, 3198]}, {"key": "subject-only", "type": "definition", "offset": [3238, 3250]}, {"key": "bank-mandates", "type": "clause", "offset": [3421, 3434]}], "hash": "c9ab6ad9830e5283fd6e375230a5045d", "id": 3}, {"samples": [{"hash": "aCw8SPqgyni", "uri": "/contracts/aCw8SPqgyni#sellers-obligations", "label": "Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.)", "score": 31.2436695099, "published": true}, {"hash": "3gMpb7Rz68S", "uri": "/contracts/3gMpb7Rz68S#sellers-obligations", "label": "Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.)", "score": 30.4031486511, "published": true}], "snippet": "Seller shall deliver to Purchaser (at Seller\u2019s expense), within three (3) days after the Effective Date, true, correct, complete and legible copies of all of the due diligence items listed on Schedule \u201cA\u201d attached hereto and incorporated herein with respect to the Property (collectively, the \u201cDue Diligence Items\u201d). Seller shall provide Purchaser with written notice at such time as Seller determines that all Due Diligence Items have been delivered to Purchaser (the \u201cDue Diligence Delivery Notice\u201d). Within two (2) business days following Purchaser\u2019s receipt of the Due Diligence Delivery Notice, Purchaser shall confirm in writing to Seller, if such be the case, that all required Due Diligence Items have been received by Purchaser, in which event the date that Purchaser receives the Due Diligence Delivery Notice shall be deemed to be the \u201cDue Diligence Receipt Date\u201d (herein so called) for all purposes of this Agreement. In the event, however, that Purchaser determines that it has not been provided with all of the Due Diligence Items, then Purchaser shall provide Seller with written notice thereof (the \u201cMissing Due Diligence Notice\u201d), within two (2) business days following Purchaser\u2019s receipt of the Due Diligence Delivery Notice, enumerating with specificity in such notice which Due Diligence Items have not been provided by Seller (the \u201cMissing Due Diligence Items\u201d). Within two (2) business days following Seller\u2019s receipt of the Missing Due Diligence Notice, Seller shall provide Purchaser with the Missing Due Diligence Items, together with written notice confirming such delivery (the \u201cMissing Due Diligence Delivery Notice\u201d). Within two (2) business days following Purchaser\u2019s receipt of the Missing Due Diligence Delivery Notice, accompanied by all Missing Due Diligence Items, Purchaser shall confirm in writing to Seller that Purchaser has received all required Due Diligence Items, in which event the date that Purchaser receives the Missing Due Diligence Delivery Notice, accompanied by all Missing Due Diligence Items, shall be deemed to be the Due Diligence Receipt Date for all purposes of this Agreement. Notwithstanding the foregoing or anything to the contrary contained in this Agreement, Purchaser may request additional information, documentation or materials concerning the Property from Seller at any time after the Effective Date, and Seller agrees to use commercially reasonable efforts to provide such additional information, documentation or materials to Purchaser, at no cost or expense to Seller, provided it is within Seller\u2019s possession or under its control, and further provided that the delivery or non-delivery of any such item shall in no manner extend the Approval Period. Notwithstanding the foregoing provisions of this Section 4.1, should Seller (i) fail to timely deliver the Due Diligence Delivery Notice to Purchaser, as required above, or (ii) fail to timely deliver the Missing Due Diligence Delivery Notice and/or the Missing Due Diligence Items to Purchaser, as required above, then the Due Diligence Receipt Date shall not occur until Purchaser so acknowledges in writing, and until such time as Purchaser so acknowledges the occurrence of the Due Diligence Receipt Date, Purchaser shall be entitled to terminate this Agreement upon written notice to Seller, whereupon this Agreement automatically shall terminate, the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money shall be returned by the Escrow Agent to Purchaser, without the consent or joinder of Seller being required and notwithstanding any contrary instructions which might be provided by Seller, and neither party shall have any further rights or obligations hereunder except for the Surviving Obligations.", "size": 36, "snippet_links": [{"key": "seller-shall", "type": "clause", "offset": [0, 12]}, {"key": "deliver-to-purchaser", "type": "definition", "offset": [13, 33]}, {"key": "at-seller", "type": "definition", "offset": [35, 44]}, {"key": "after-the-effective-date", "type": "clause", "offset": [79, 103]}, {"key": "copies-of-all", "type": "definition", "offset": [141, 154]}, {"key": "due-diligence-items", "type": "definition", "offset": [162, 181]}, {"key": "on-schedule", "type": "definition", "offset": [189, 200]}, {"key": "with-respect-to", "type": "clause", "offset": [245, 260]}, {"key": "the-property", "type": "clause", "offset": [261, 273]}, {"key": "as-seller", "type": "clause", "offset": [381, 390]}, {"key": "delivery-notice", "type": "clause", "offset": [484, 499]}, {"key": "business-days", "type": "definition", "offset": [518, 531]}, {"key": "receipt-of", "type": "clause", "offset": [554, 564]}, {"key": "in-writing", "type": "definition", "offset": [624, 634]}, {"key": "the-case", "type": "definition", "offset": [657, 665]}, {"key": "received-by-purchaser", "type": "clause", "offset": [715, 736]}, {"key": "due-diligence-receipt-date", "type": "definition", "offset": [847, 873]}, {"key": "purposes-of-this-agreement", "type": "clause", "offset": [902, 928]}, {"key": "in-the-event", "type": "clause", "offset": [930, 942]}, {"key": "notice-thereof", "type": "clause", "offset": [1095, 1109]}, {"key": "due-diligence-notice", "type": "clause", "offset": [1124, 1144]}, {"key": "by-seller", "type": "clause", "offset": [1338, 1347]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [2136, 2165]}, {"key": "in-this-agreement", "type": "definition", "offset": [2204, 2221]}, {"key": "additional-information", "type": "clause", "offset": [2245, 2267]}, {"key": "concerning-the", "type": "clause", "offset": [2296, 2310]}, {"key": "from-seller", "type": "clause", "offset": [2320, 2331]}, {"key": "at-any-time", "type": "clause", "offset": [2332, 2343]}, {"key": "agrees-to", "type": "clause", "offset": [2381, 2390]}, {"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [2391, 2426]}, {"key": "to-provide", "type": "clause", "offset": [2427, 2437]}, {"key": "at-no-cost", "type": "definition", "offset": [2508, 2518]}, {"key": "provided-that", "type": "definition", "offset": [2617, 2630]}, {"key": "the-delivery", "type": "clause", "offset": [2631, 2643]}, {"key": "delivery-of", "type": "clause", "offset": [2651, 2662]}, {"key": "approval-period", "type": "clause", "offset": [2707, 2722]}, {"key": "section-41", "type": "clause", "offset": [2773, 2784]}, {"key": "should-seller", "type": "clause", "offset": [2786, 2799]}, {"key": "notice-to-purchaser", "type": "clause", "offset": [2854, 2873]}, {"key": "as-required", "type": "clause", "offset": [2875, 2886]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [3265, 3289]}, {"key": "notice-to-seller", "type": "clause", "offset": [3303, 3319]}, {"key": "the-\u2587", "type": "clause", "offset": [3377, 3382]}, {"key": "the-escrow-agent", "type": "definition", "offset": [3416, 3432]}, {"key": "of-seller", "type": "clause", "offset": [3478, 3487]}, {"key": "contrary-instructions", "type": "definition", "offset": [3527, 3548]}, {"key": "neither-party-shall", "type": "clause", "offset": [3588, 3607]}, {"key": "rights-or-obligations", "type": "clause", "offset": [3625, 3646]}, {"key": "surviving-obligations", "type": "clause", "offset": [3672, 3693]}], "hash": "58f1fbdc0ef210ec99555ef6be2297a0", "id": 2}, {"samples": [{"hash": "9oU6UWtzgIW", "uri": "/contracts/9oU6UWtzgIW#sellers-obligations", "label": "Bargain Sale Agreement (Deer Valley Corp)", "score": 24.9931545258, "published": true}, {"hash": "e0G4nCvapaC", "uri": "/contracts/e0G4nCvapaC#sellers-obligations", "label": "Purchase and Sale Agreement (Apple REIT Seven, Inc.)", "score": 21.0, "published": true}, {"hash": "7Qf16Gjq49q", "uri": "/contracts/7Qf16Gjq49q#sellers-obligations", "label": "Purchase and Sale Agreement (Apple REIT Nine, Inc.)", "score": 19.0, "published": true}], "snippet": "As of the Close of Escrow, Seller shall have performed all of the obligations required to be performed by Seller under this Agreement.", "size": 15, "snippet_links": [{"key": "close-of-escrow", "type": "definition", "offset": [10, 25]}, {"key": "seller-shall", "type": "clause", "offset": [27, 39]}, {"key": "the-obligations", "type": "clause", "offset": [62, 77]}, {"key": "by-seller", "type": "clause", "offset": [103, 112]}, {"key": "this-agreement", "type": "clause", "offset": [119, 133]}], "hash": "d68d169a387227de1b237af4ef9f8794", "id": 10}, {"samples": [{"hash": "lDHLVIpkAP6", "uri": "/contracts/lDHLVIpkAP6#sellers-obligations", "label": "Share Sale Agreement (Starbox Group Holdings Ltd.)", "score": 33.2587280273, "published": true}, {"hash": "3ql3bDerOs8", "uri": "/contracts/3ql3bDerOs8#sellers-obligations", "label": "Share Sale Agreement (Starbox Group Holdings Ltd.)", "score": 33.1793289185, "published": true}, {"hash": "QJxiPxTAcS", "uri": "/contracts/QJxiPxTAcS#sellers-obligations", "label": "Share Sale Agreement (Starbox Group Holdings Ltd.)", "score": 33.0670776367, "published": true}], "snippet": "1.1 On Closing, the Sellers shall deliver, procure the delivery of, or make available to the Purchaser, the following documents:\n1.1.1 duly executed, registrable, undated and unstamped share transfer forms of all of the Sale Shares in favour of the Purchaser;\n1.1.2 if applicable, the relevant original share certificates with respect to the Sale Shares;\n1.1.3 a certified true copy or extract of the resolution passed by the board of directors of the Company:\n(i) approving the transfer of the Sale Shares from the Sellers to the Purchaser, subject only to the stamping of the instruments of transfer;\n(ii) approving the entry of the name of the Purchaser into the register of members of the Company as the registered holder of the Sale Shares, subject only to stamp duty on the transfer of the Sale Shares being duly paid, and the making of such other entries into other corporate records of the Company as may be necessary; and\n(iii) if applicable, authorising the issuance of new share certificates in respect of the Sale Shares in favour of the Purchaser and the cancellation of the existing share certificates in respect of the Sale Shares registered under the name of the Sellers;\n1.1.4 any waiver, consent or other documents as may be required to give to the Purchaser good title to the Sale Shares and to enable the Purchaser to become the registered holder of the Sale Shares;\n1.1.5 (if the Purchaser so requires) the letter of resignation of each of the existing directors of the Company as a director of the Company, resigning from his office as a director of the Company and acknowledging and agreeing that he has no claims whatsoever against the Company (whether for compensation for loss of office or otherwise), with effect from the Closing Date;\n1.1.6 (if the Purchaser so requires) the letter of resignation of the company secretary of the Company to take effect on the Closing Date with acknowledgement signed by him in a form satisfactory to the Purchaser to the effect that he has no claims against the Company;\n1.1.7 the certificates of incorporation, corporate seals (if any), cheque books, statutory and other books of the Company (duly written up-to-date) which are kept at the business/registered office of the Company;\n1.1.8 all the financial and accounting books and records of the Company or upon Company\u2019s confirmation that such records are in its possession, a list setting out the address at which all such records of the Company are kept and the name of the persons in charge of such documents and their contact details, as the Purchaser shall elect;", "size": 44, "snippet_links": [{"key": "on-closing", "type": "clause", "offset": [4, 14]}, {"key": "delivery-of", "type": "clause", "offset": [55, 66]}, {"key": "available-to", "type": "definition", "offset": [76, 88]}, {"key": "duly-executed", "type": "clause", "offset": [135, 148]}, {"key": "share-transfer-forms", "type": "definition", "offset": [185, 205]}, {"key": "in-favour-of-the-purchaser", "type": "clause", "offset": [232, 258]}, {"key": "if-applicable", "type": "definition", "offset": [266, 279]}, {"key": "the-relevant", "type": "clause", "offset": [281, 293]}, {"key": "original-share-certificates", "type": "clause", "offset": [294, 321]}, {"key": "with-respect-to", "type": "clause", "offset": [322, 337]}, {"key": "certified-true-copy", "type": "clause", "offset": [363, 382]}, {"key": "board-of-directors-of-the-company", "type": "clause", "offset": [426, 459]}, {"key": "transfer-of-the-sale-shares", "type": "clause", "offset": [479, 506]}, {"key": "subject-only", "type": "definition", "offset": [542, 554]}, {"key": "instruments-of-transfer", "type": "definition", "offset": [578, 601]}, {"key": "members-of-the-company", "type": "definition", "offset": [678, 700]}, {"key": "registered-holder", "type": "definition", "offset": [708, 725]}, {"key": "stamp-duty", "type": "clause", "offset": [762, 772]}, {"key": "other-entries", "type": "definition", "offset": [848, 861]}, {"key": "corporate-records-of-the-company", "type": "clause", "offset": [873, 905]}, {"key": "the-issuance", "type": "clause", "offset": [964, 976]}, {"key": "new-share-certificates", "type": "clause", "offset": [980, 1002]}, {"key": "in-respect-of", "type": "clause", "offset": [1003, 1016]}, {"key": "purchaser-and-the", "type": "clause", "offset": [1050, 1067]}, {"key": "cancellation-of-the", "type": "clause", "offset": [1068, 1087]}, {"key": "existing-share-certificates", "type": "definition", "offset": [1088, 1115]}, {"key": "of-the-sellers", "type": "clause", "offset": [1172, 1186]}, {"key": "other-documents", "type": "definition", "offset": [1217, 1232]}, {"key": "title-to-the-sale-shares", "type": 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shall (i) use commercially reasonable efforts to pursue satisfaction of the Conditions Precedent set forth in Sections [___], (ii) diligently pursue development of the Project in accordance with Section 3.9, (iii) comply with Section 3.9(b) in achieving the applicable Milestones that have due dates occurring prior to the CP Satisfaction Date, reporting completion of such Milestones, and delivering Remedial Action Plans in respect of missed Milestones as more fully described therein, (iv) deliver the Quarterly Progress Report in accordance with Section 3.9(a), and (v) otherwise comply with its obligations, covenants, representations, and warranties under Articles 7-13. 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Each Party agrees and acknowledges that (a) the actual damages that Buyer would incur due to an Event of Default of Seller prior to the CP Satisfaction Date would be difficult or impossible to predict with certainty, (b) the liquidated damages set forth in this section are a reasonable and appropriate approximation of such damages, and (c) the liquidated damages set forth in this section are the exclusive remedy for an Event of Default of Seller prior to the CP Satisfaction Date.", "size": 18, "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [0, 12]}, {"key": "cp-satisfaction-date", "type": "definition", "offset": [13, 33]}, {"key": "seller-shall", "type": "clause", "offset": [35, 47]}, {"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [52, 87]}, {"key": "satisfaction-of-the-conditions-precedent", "type": "clause", "offset": [98, 138]}, {"key": "development-of-the-project", "type": "clause", "offset": [191, 217]}, {"key": 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[["contracts", "Contracts"], ["title-commitment", "Title Commitment"], ["", ""], ["survey", "Survey"], ["approval-period", "Approval Period"]], "title": "Seller\u2019s Obligations", "parents": [["closing", "Closing"], ["conditions-to-closing", "Conditions to Closing"], ["miscellaneous", "Miscellaneous"], ["system-and-facility-damage", "System and Facility Damage"], ["the-closing", "The Closing"]], "size": 1448, "id": "sellers-obligations", "related": [["sellers-obligation", "Seller's Obligation", "Seller&#x27;s Obligation"], ["buyers-obligations", "Buyer\u2019s Obligations", "Buyer\u2019s Obligations"], ["conditions-to-sellers-obligations", "Conditions to Seller\u2019s Obligations", "Conditions to <strong>Seller\u2019s Obligations</strong>"], ["sellers-obligations-at-closing", "Seller\u2019s Obligations at Closing", "<strong>Seller\u2019s Obligations</strong> at Closing"], ["conditions-to-sellers-obligation", "Conditions to Seller\u2019s Obligation", "Conditions to Seller\u2019s Obligation"]], "related_snippets": [], "updated": "2026-10-15T07:27:07+00:00", "also_ask": ["What are the minimum seller obligations that must be expressly stated to avoid ambiguity?", "How can seller obligations be limited or qualified to reduce exposure?", "What are the most common pitfalls or fatal flaws in drafting seller obligations?", "How do seller obligations in this agreement compare to market standards or statutory requirements?", "What factors most influence the enforceability of seller obligations in court?"], "drafting_tip": "Specify deliverables and timelines to ensure clarity; define performance standards to set expectations; require documentation of compliance to facilitate enforcement.", "explanation": "The Seller\u2019s Obligations clause defines the specific duties and responsibilities that the seller must fulfill under the agreement. This typically includes delivering the goods or services as described, ensuring they meet agreed-upon specifications, and providing any necessary documentation or support. By clearly outlining what is expected from the seller, this clause helps prevent misunderstandings and ensures that both parties are aware of the seller\u2019s commitments, thereby promoting smooth performance of the contract."}, "json": true, "cursor": ""}}