Certain Sellers definition
Examples of Certain Sellers in a sentence
Certain Sellers have provided personal guarantees or have otherwise become individually liable with respect to certain leases, line of credit agreements, purchase agreements with manufacturers, or other agreements for the benefit for the Company, including, without limitation, those described on Schedule 5.2. Following the Closing, Purchaser will use its best efforts to obtain the release of the Sellers from all such personal liabilities.
Certain Sellers have entered into an engagement agreement (the “Seller Representative Engagement Agreement”) with the Seller Representative to provide direction to the Seller Representative in connection with its services under this Agreement, the Escrow Agreement, the Seller Ancillary Agreements and the Seller Representative Engagement Agreement (such Sellers, including their individual representatives, collectively hereinafter referred to as the “Advisory Group”).
Certain Sellers, in their capacity and due to their unique knowledge of the operations of the Company obtained in their capacities as principal shareholders, officers and directors of the Company, as appropriate, represent and warrant to Purchaser that the statements contained in this Section 5 are correct and complete as of the Closing.
Certain Sellers have filed claims under the Deepwater Horizon Economic and Property Damages Settlement Agreement for economic damages arising from the oil spill that resulted from the explosion and sinking of the Deepwater Horizon drilling rig in the Gulf of Mexico on April 20, 2010.
Certain Sellers (the “SHA Sellers”) are party, either as original signatories or through accession, to a shareholders’ agreement executed July 12, 2006 (the “SHA”).
Certain Sellers are a party to service agreements listed on Exhibit P to the Company Disclosure Letter (the “Must-Take Agreements”).
Certain Sellers shown on Schedule D have outstanding options, warrants, or other rights to acquire shares of Global's capital stock.
Certain Sellers have provided personal guarantees or have otherwise become individually liable with respect to certain leases, line of credit agreements, purchase agreements with manufacturers, or other agreements for the benefit for the Company, including, without limitation, those described on SCHEDULE 5.2(A).
Certain Sellers (the “Advisory Group”) have concurrently herewith entered into a letter agreement (the “Sellers’ Representative Engagement Agreement”) with Sellers’ Representative regarding direction to be provided by the Advisory Group to Sellers’ Representative in connection with its services under this Agreement, the Escrow Agreement and the Sellers’ Representative Engagement Agreement.
Notwithstanding any other provision of this Agreement, in no event will any Certain Seller be liable in respect of any Losses to Buyer in an amount in excess of its Certain Seller Share of the amount by which all Certain Sellers are liable pursuant to this Article IX (after taking into account the other limitations on their liability set forth in this Agreement).