Purchaser’s Group definition
Examples of Purchaser’s Group in a sentence
The Purchaser may assign or pledge its rights and obligations under this Agreement (other than the rights and obligations of the Guarantor under Clause 18) to a member of the Purchaser's Group, provided that the Purchaser shall remain jointly and severally liable for the performance of its obligations under this Agreement.
The Purchaser shall, and shall procure that the Purchaser's Group shall, retain all books, records and documents relating to the Company and the transactions contemplated by this Agreement for a period of at least seven (7) years from Completion, or such longer period as may be required by Law.
Each Party shall, and shall procure that each member of the Purchaser's Group or a Seller's Group (as the case may be) shall, at its own expense, sign and execute such documents and perform such further acts as the other Parties may reasonably request from time to time to give full effect to, and give each Party the full benefit of, this Agreement.
If, during the Deferred Purchase Price Period, the Company and any member of the Purchaser's Group intend to enter into arrangements resulting in such member of the Purchaser's Group charging costs to the Company (an "Intercompany Arrangement"), the Purchaser shall inform the Sellers of such Intercompany Arrangement.
The Purchaser's Group has obtained sufficient and unconditional funds for the consummation of the transactions contemplated by this Agreement, in particular the payment of the Purchase Price.