Purchaser Obligation definition

Purchaser Obligation means any representation, warranty or undertaking to indemnify given by the Purchaser to the Seller under this Agreement;
Purchaser Obligation means any covenant, requirement and/or obligation imposed on Purchaser pursuant to this Agreement.
Purchaser Obligation shall have the meaning set forth in Section 10.04(d) hereof.

Examples of Purchaser Obligation in a sentence

  • Upon performance by the Guarantor of any Purchaser Obligation, the Guarantor shall be subrogated to the rights of PIMCO against the Company with respect to such Purchaser Obligation.

  • If PIMCO shall default in the due and punctual performance of any Purchaser Obligation, including the full and timely payment of any amount due and payable pursuant to any Purchaser Obligation, the Guarantor will forthwith perform or cause to be performed such Purchaser Obligation and will forthwith make full payment of any amount due with respect thereto.

  • If Purchaser shall fail timely to perform or pay any Purchaser Obligation hereunder, Parent shall pay or perform such Purchaser Obligation as and when due.

  • Purchaser Obligation to Repay: If the Purchaser submits false information on any application, or recertification, and as a result, is charged a rent less than the amount required by the HOME Program, the Purchaser agrees to reimburse the Seller for the difference between the rent the Purchaser should have paid and the rent the Purchaser was charged.

  • Sellers hereby agree that prior to enforcing their rights of payment and performance against Parent pursuant to this Section 12.7 with respect to any Purchaser Obligation, Sellers shall have (i) made demand on Purchaser to perform such Purchaser Obligation, (ii) given Purchaser a reasonable opportunity to comply with such Purchaser Obligation and (iii) determined in its reasonable discretion that Purchaser has not or will not comply with such Purchaser Obligation.

  • Any payment made in satisfaction of a liability arising under a Seller Obligation or a Purchaser Obligation shall, so far as possible, adjust the consideration paid for the Units.

  • Company hereby further represents and warrants that it has disclosed to Administrative Agent and the Lenders all material facts and circumstances relating to the Loan Parties’ business, assets, liabilities, properties, condition (financial or otherwise), results of operations or prospects of the Loan Parties and their customers.

  • The Purchaser Guarantor hereby waives any requirement that the Sellers exhaust any right or take any action against Ascendia or Lander, as applicable; provided, however, if at any time subsequent to the receipt of payment from the Purchaser Guarantor with respect to a Purchaser Obligation pursuant to this Section 8.12, the Sellers receive payment from Ascendia or Lander with respect to such Purchaser Obligation, the amount of such payment shall promptly be repaid by the Sellers to the Purchaser Guarantor.

  • Seller hereby agrees that prior to enforcing its rights of payment and performance against Guarantor pursuant to Section 10.1 hereof with respect to any Purchaser Obligation, Seller shall have (x) made demand on Purchaser to perform such Purchaser Obligation, (y) given Purchaser a reasonable opportunity to comply with such Purchaser Obligation, and (z) determined in its reasonable discretion that Purchaser has not or will not comply with such Purchaser Obligation.

  • Any payment made in satisfaction of a liability arising under a Seller Obligation or a Purchaser Obligation shall adjust the price paid for the relevant Sale Shares (as applicable).


More Definitions of Purchaser Obligation

Purchaser Obligation has the meaning set forth in Section 2.1(b) of the Master Purchase and Sale Agreement.
Purchaser Obligation means any representation, warranty or undertaking to pay or to indemnify given by the Purchaser to the Sellers under this Deed, including any covenant to pay pursuant to paragraph 11 of Part B of Schedule 11, but excluding any other payment under Schedule 11 and any payment under Clause 2.2;
Purchaser Obligation means any representation, warranty or undertaking to indemnify (including any requirement to pay under Schedule 13, save for any amount in respect of VAT) given by the Purchaser to the Seller under this Agreement;
Purchaser Obligation means any representation, warranty or undertaking to indemnify (including any covenant to pay pursuant to the Tax Covenant) given by Bemis or any member of the Xxxxx Group to the Sellers under this Agreement; Records has the meaning given to it in Article 19.1;
Purchaser Obligation means any representation, warranty or undertaking to indemnify given by the Purchaser to the Mezzanine Lenders under this Agreement;
Purchaser Obligation means any representation, warranty or undertaking to indemnify (including any covenant to pay pursuant to the Tax Covenant and any payment under Clause 7) given by the Purchaser to the Seller under this Agreement; PURCHASER PARENT COMPANY GUARANTEE means the guarantee in the Agreed Form from Nexen Inc. to EnCana Corporation; PURCHASER'S ACCOUNTANTS means Ernst and Young;

Related to Purchaser Obligation

  • Multiple Holder Obligation means an Obligation that (i) at the time of the event which constitutes a Restructuring, is held by more than three holders that are not Affiliates of each other and (ii) with respect to which a percentage of holders (determined pursuant to the terms of the Obligation as in effect on the date of such event) at least equal to sixty-six-and-two-thirds is required to consent to the event which constitutes a Restructuring, provided that any Obligation that is a Bond shall be deemed to satisfy the requirement in clause (ii) of this definition.