Examples of Company Releasing Party in a sentence
If a Company Releasing Party makes such a claim and a Company Released Party notifies the Company Releasing Party of such obligation, Parent OP shall cause the Company Releasing Party to promptly, but no later than three (3) Business Days following such notice, withdraw all such claims with prejudice and enter into a release thereof in form and substance reasonably acceptable to the Company Released Party.
Effective at and after the Closing, the Parent Parties acknowledge and agree that no Company Releasing Party shall, directly or indirectly, make any claim related to the Company Released Matters against any person that has a right to seek indemnification, contribution or other relief for such claim from any Company Released Party.
Effective at and after the Closing, each of the Parent Parties agrees that no Company Releasing Party will commence, aid or participate in a manner adverse to any Company Released Party in any legal action or other proceeding based in whole or in part upon any Company Released Matters.
Each Company Releasing Party hereby further agrees and covenants not to, and shall not, commence or prosecute, or assist or otherwise aid any other Person in the commencement or prosecution of, whether directly, derivatively or otherwise, any Released Claims.
Each Company Releasing Party hereby agrees that it shall not seek to recover any amounts in respect of a Company Released Claim from the Seller Released Parties.
As of the Separation Date, the current Board and senior management of the Companies are presently unaware of any complaints, charges or lawsuits brought by any Company Releasing Party against the Executive.
Moody’s Investors Service improved the outlook for the future from “negative” to “stable”;• access to international financial markets to raise funding was limited for certain entities.
The rules do not apply to investments in open-ended collective investment schemes such as unit trusts, mutual funds or open ended investment companies, and the purchase of life policies.
In the event that any claim asserted against any of the Company Releasing Parties by any Purchaser Released Person before any court, arbitrator or other tribunal in any jurisdiction (whether as a claim, a cross claim, or counterclaim) that concerns the subject matter of any of the Released Claims is not barred by Section 5.4 of this Agreement, this Agreement shall not prevent any such Company Releasing Party from asserting any Released Claim against such Purchaser Released Person.
The Company, on its behalf and on behalf of each Company Releasing Party, acknowledges and agrees that this waiver is an essential and material term of this Agreement.