Relevant Sellers definition

Relevant Sellers has the meaning given in Clause 2.1.1(i);

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Relevant Sellers means each of the entities whose names are set out in column 1 of Schedule 1, each a “Relevant Seller”;

Relevant Sellers means, in relation to a Claim, each Seller who is the subject of that individual Claim and “Relevant Seller” shall mean any one of them;

Examples of Relevant Sellers in a sentence

• The Relevant Sellers have agreed to sell the Group (as defined below) and to assume the obligations imposed on the Relevant Sellers under this Agreement.

• On Completion, the Seller shall procure that the Relevant Sellers shall, and the Purchaser shall procure that the Relevant Purchasers shall, execute and/or deliver and/or make available Local Transfer Documents and take such steps as are required to transfer the Shares and the Group Businesses to the Relevant Purchasers.

• Payment of the Closing Amount to the Seller’s Designated Account shall discharge the obligations of the Purchaser (a) pursuant to Clause 6.4 and (b) to pay the Closing Amount, and the Purchaser shall not be concerned as to the application of the Closing Amount between the Relevant Sellers.

• The Seller has agreed to sell the Group (or to procure the sale by the Relevant Sellers of certain Group Companies or Group Businesses) and to assume the obligations imposed on the Seller under this Agreement.

• On Closing, the Relevant Sellers and the Relevant Purchasers shall execute and/or deliver and/or make available Local Transfer Documents and take such steps as are required to transfer the Shares and Group Businesses.

• The Relevant Sellers and the Relevant Purchasers agree that the consideration given under this Agreement in respect of the sale of the Group Businesses and the Shares is exclusive of any VAT, in respect of which the provisions of Schedule 9 shall apply.

• The Relevant Sellers and the Relevant Purchasers shall execute a notarised deed of conveyance in the Agreed Terms for the sale and transfer of the Shares (i.e. the relevant quota capital) in Scotts Italia S.r.l.

• The Right of First Refusal shall be exercisable by notice from PENAC to the Relevant Seller(s) within twenty (20) days of receipt by PENAC of the First Refusal Notice (the "Option Period").

• Acceptance, in accordance with this Deed, of the offer contained in the Sale Notice constitutes an immediate assignment with effect from the commencement of business on the Cut-Off Date of the Relevant Seller's entire right, title and interest in the Mortgage Loan Rights.

• The Purchaser hereby waives any rights which it may have to require the Seller and/or the other Relevant Sellers to proceed first against or claim payment from the Relevant Purchaser(s) to the intent that as between the Seller and/or other the Relevant Sellers and the Purchaser the latter shall be liable as principal debtor as if it has entered all undertakings, agreements and other obligations jointly and severally with the other Relevant Purchasers.

More Definitions of Relevant Sellers

Relevant Sellers the relevant sellers whose names are set out in column (1) of Schedule 1

Relevant Sellers means each of the Share Sellers and Business Sellers whose names are set out in Schedule 1; “Relevant Territory” means the jurisdictions in which the Group carries on the Business, or operates as at the Offer Letter Date, the date of this Agreement or the Completion Date, and including (for the avoidance of doubt) Spain, Denmark, Finland, Iceland, Norway and Sweden; “Remedial Action” means: