Buyback Documents definition
Examples of Buyback Documents in a sentence
Each party agrees to indemnify and hold the other harmless from and against any and all claims, suits, damages, costs and expenses (including reasonable legal fees) asserted by any agent, broker or third party appointed by the indemnifying party in respect of any commission or compensation of any nature whatsoever based upon the Aircraft, this Agreement, the other Buyback Documents or any of the transactions contemplated hereby or thereby.
The Buyer and the Seller each represent and warrant to the other that it has not paid, agreed to pay or caused to be paid directly or indirectly in any form any commission, percentage, contingent fee, brokerage or other similar payments of any kind, in connection with this Agreement or the other Buyback Documents or any of the transactions contemplated hereby or thereby.
The Buyer and the Seller each represent and warrant to the other that it has not paid, agreed to pay or caused to be paid directly or indirectly in any form any commission, percentage, contingent fee, brokerage or other similar payments of any kind, in connection with this Agreement or the other Buyback Documents or any of the “[***]” This information is subject to confidential treatment and has been omitted and filed separately with the commission.
Airbus shall at any time have (i) the right to nominate an Airbus Nominee to act as buyer in accordance with the terms and conditions set out in this Agreement and/or (ii) the right to assign, sell, transfer or otherwise dispose of its rights and obligations under this Agreement and the other Buyback Documents to any person with the consent of China Eastern (not to be unreasonably withheld).
The agreements contained in this Agreement are, without prejudice to China Eastern's right to nominate an Approved Provider under Clause 7.10, personal to China Eastern and China Eastern may not assign, transfer, novate or otherwise dispose of any of its rights or obligations under this Agreement or the Buyback Documents without the prior written agreement of Airbus.
Airbus has the power to enter into and perform, and has taken all necessary corporate action to (i) authorise the entry into, performance and delivery of this Agreement and the other Buyback Documents to which it is party; (ii) own its assets; and (iii) carry on its business as it is being conducted.