either Seller definition
Examples of either Seller in a sentence
If Seller, acting in good faith, is unable to have such defect corrected within 60 days after notice of such defect is given to Seller, then this Contract may be terminated by either Seller or Purchaser.
This Contract may not be assigned by either Seller or Purchaser without the written consent of the other.
The Trustee shall not be an Affiliate of either Seller or the Depositor.
Buyer and Seller hereby waive their respective right to trial by jury of any cause of action, claim, counterclaim or cross-complaint in any action, proceeding or hearing brought by either Seller against Buyer or Buyer against Seller on any matter whatsoever arising under, relating to, or in any way connected with this Order, the relationship of Seller and Buyer or any claim of injury or damage, or the enforcement of any remedy under any law, statute or regulation now or hereafter in effect.
The Trustee shall not be an affiliate of either Seller or the Depositor.
In any such event, either Seller or Purchaser may, at their option, rescind this Agreement by notice to the other party.
In connection with such appointment and assumption, the Master Servicer or either Seller (with respect to its related Mortgage Loans), as applicable, may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree, provided, however, that no such compensation shall be in excess of that permitted the Servicer under this Agreement.
A party (either Seller or Buyer) to this Agreement shall be in default under this Agreement if the party fails to comply with any material term or obligation of the Agreement in the time required by the Agreement.
If there is a dispute between Seller and Purchaser regarding whether all or any portion of the Deposit shall be returned to Purchaser or delivered to Seller, Escrow Agent shall have no obligation to either Seller or Purchaser with respect to the Deposit except to interplead the Deposit into an appropriate court of competent jurisdiction.
If, upon default, either Seller or Buyer determines to pursue the Seller’s or Buyer’s remedies, and the non-defaulting party is successful in enforcing his or her remedy, then, unless otherwise provided by law, the party who defaulted on the Agreement will pay the non-defaulting party’s reasonable attorney fees, costs, and/or expenses incurred in enforcing the non-defaulting party’s remedy.