The obligation of Seller Sample Clauses

The obligation of Seller under Section 10.1 shall be satisfied first from the Escrow Fund and, if the Escrow Fund is inadequate to provide indemnification to Purchaser, then from Seller directly.
Sample 1
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The obligation of Seller under Section 10.1 hereof shall be satisfied first from the Escrowed Funds (as defined in the Cash Escrow Agreement, dated as of the date hereof, among Seller, Purchaser and Continental Stock Transfer & Trust Company) and, if the Escrowed Funds are inadequate to provide indemnification to Purchaser, then from Seller directly.
Sample 1
The obligation of Seller under Section 10.1 hereof shall be satisfied first by a reduction in the balance due and owing from Purchaser pursuant to the Assignment Option provisions contained in the Suboccupancy Agreement, and, if the Assignment Option funds are inadequate to provide indemnification to Purchaser, then from Seller directly.
Sample 1
The obligation of Seller under Section 6.1.1 above shall continue until the eighteen month anniversary of the Effective Date.
Sample 1
The obligation of Seller under Section 10.1 hereof shall be satisfied first by offset against any amounts owing under the Second Mortgage Note and Second Mortgage and, such amounts are inadequate to provide indemnification to Purchaser, then from Seller directly.
Sample 1

Related to The obligation of Seller

  • Conditions to Obligation of Seller The obligation of Seller to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to Obligation of Sellers The obligation of Sellers to consummate the transactions to be performed by them in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to the Obligations of Seller The obligation of Seller to consummate the transactions contemplated by this Agreement is subject to the satisfaction of the following conditions, any one or more of which may be waived in writing by Seller:

  • CONTINUING OBLIGATION OF SELLER The Seller shall provide all reasonable assistance necessary for the Purchaser to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period the Seller owned the related Purchased Loan, or (b) a payment made or alleged to have been made to the Seller. Further, the Seller agrees to execute any financing statements at the request of the Purchaser in order to reflect the Purchaser’s interest in the Loans.

  • Conditions to the Obligations of Sellers The obligations of Sellers under this Agreement are, at their option, subject to the fulfillment of the following conditions prior to or at the Closing Date:

  • Conditions Precedent to Obligation of Seller The obligation of Seller to consummate the transaction hereunder shall be subject to the fulfillment on or before the date of Closing of all of the following conditions, any or all of which may be waived by Seller in its sole discretion:

  • Conditions Precedent to the Obligation of Seller to Close The obligation of Seller to consummate the transactions contemplated by this Agreement is subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions precedent, any one or more of which may be waived by Seller in writing:

  • CONDITIONS PRECEDENT TO THE OBLIGATIONS OF SELLER The obligation of Seller to proceed with any Closing under this Agreement is subject to the fulfillment prior to or at the time of Closing of the following conditions with respect to Purchaser, any one or more of which may be waived in whole or in part by Seller:

  • Conditions of the Obligation of the Company The obligation of the Company to deliver the Stock shall be subject to the conditions that (a) the Registration Statement shall have become effective and (b) no stop order suspending the effectiveness thereof shall be in effect and no proceedings therefor shall be pending or threatened by the Commission. In case either of the conditions specified in this Section 10 shall not be fulfilled, this Agreement may be terminated by the Company by giving notice to you. Any such termination shall be without liability of the Company to the Underwriters and without liability of the Underwriters to the Company; provided, however, that in the event of any such termination the Company agrees to indemnify and hold harmless the Underwriters from all costs or expenses incident to the performance of the obligations of the Company under this Agreement, including all costs and expenses referred to in paragraphs (i) and (j) of Section 6 hereof.

  • Conditions to the Obligation of Each Party The respective obligations of Parent, Merger Sub and the Company to effect the Merger are subject to the satisfaction of the following conditions, unless waived in writing by all parties:

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