Seller and Purchaser definition

Seller and Purchaser shall consult with each other before issuing any press release or otherwise making any public statements with respect to this Agreement or the transactions contemplated herein and shall not issue any such press release or make any such public statement without the prior written consent of the other party, which shall not be unreasonably withheld; provided, however, that a party may, without the prior written consent of the other party, issue such press release or make such public statement as may be required by Law or any listing agreement with a national securities exchange to which Seller or Purchaser is a party if it has used all reasonable efforts to consult with the other party and to obtain such party's consent but has been unable to do so in a timely manner.
Sample 1
Seller and Purchaser each represent to the other that neither has nor shall have any obligation to any broker or finder in connection with this transaction, and that no fee or commission is due any broker, finder, or similar person in connection herewith other than Xxxxxxxxx & Associates (the "Broker"). The Purchaser shall pay any fee due the Broker pursuant to a separate agreement between Seller and Broker. Seller and Purchaser each indemnifies the other and agrees to hold the other harmless from and against any and all claims, demands, liabilities, lawsuits, costs, and expenses (including reasonable attorneys' fees) for any fee or commission due to any other broker, finder, or similar person in connection with this transaction and arising out of the act of the indemnifying party.
Sample 1
Seller and Purchaser. (each a "Party" and collectively the "Parties") agree as follows: This Agreement is made with reference to the following essential facts: Seller has agreed to sell and Purchaser has agreed to purchase certain assets of Seller related to the marine business of Seller, as described in more detail on EXHIBIT A attached hereto (the "Assets").
Sample 1

Examples of Seller and Purchaser in a sentence

  • The Seller and Purchaser should be aware that if a Lender seeks to rely on this Report they do so at their own risk.

  • The Seller and Purchaser each agree to execute and deliver such instruments and take such further actions as any party hereto may, from time to time, reasonably request in order to effectuate the purposes and carry out the terms of this Agreement.

  • Seller and Purchaser agree to indemnify and hold Broker harmless against all claims, damages, losses, expenses and/or liabilities arising out of or related to the purchase and sale of the real property listed above, except those arising from Broker’s intentional wrongful acts.

  • Seller and Purchaser agree that damages will not be an adequate remedy for such breach and that this covenant may be specifically enforced by Purchaser, Issuer or by the Trustee on behalf of the Noteholders and Owner Trustee on behalf of the Certificateholder.

  • Any dispute concerning a question of fact under this Agreement which is not disposed of by agreement of the Seller and Purchaser shall be decided by the Executive Director of ITS or his/her designee.

  • Seller and Purchaser understand and agree that all products and services provided by Seller under this Agreement must be and remain in compliance with the State of Mississippi’s Enterprise Security Policy.

  • The Seller and Purchaser warrant that they are vendors in terms of the Value Added Tax Act 89 of 1991 and that they are still so registered.

  • Seller and Purchaser agree that Purchaser will assign to Issuer all Purchaser’s rights under this Agreement and that the Trustee will thereafter be entitled to enforce this Agreement against Seller in the Trustee’s own name on behalf of the Noteholders.

  • Seller and Purchaser each agree to execute and deliver such instruments and take such actions as the other may, from time to time, reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement and the Pooling and Servicing Agreement.

  • Accordingly, in addition to any other remedies which Purchaser may have in law or in equity, Seller agrees that Purchaser shall have the right to have all obligations, undertakings, agreements, covenants and other provisions of this Agreement specifically performed by Seller, and Purchaser shall have the right to obtain an order or decree of such specific performance in any court of the United States or of any state or other political subdivision having competent jurisdiction over Seller.


More Definitions of Seller and Purchaser

Seller and Purchaser warrant to each other that there is no real estate broker or agent acting on behalf of the respective warranting party in connection with this transaction. Each party warrants and represents to the other that no such real estate broker or agent has been involved in negotiations leading to the execution of this Agreement and that no commission is owed to any such broker or agent as a result of the action of such party. Each party agrees to hold the other harmless from any loss, cost or charge (including reasonable attorneys' fees), arising from the assertion by any such broker or agent that any fee or commission is owed because of the acts or agreement of such party. This paragraph shall survive Closing or the termination of this Agreement.
Sample 1
Seller and Purchaser shall endeavor in good faith to resolve any dispute arising with respect to the Proposed Allocation, but if Seller and Purchaser are unable to resolve any such dispute, each shall file IRS Forms 8594 -- Asset Acquisition Statements under Section 1060 -- consistent with the Proposed Allocation, except with respect to any items on which they continue to disagree (the Proposed Allocation, with such exceptions, also referred to as the Final Allocation). Purchaser and Seller agree that except as otherwise required by law (i) the Final Allocation shall be binding on Purchaser and Seller for all federal, state and local tax purposes and (ii) Purchaser and Seller shall file with their respective federal income tax returns consistent IRS Forms 8594--Asset Acquisition Statements under Section 1060, including any required amendment thereto which shall reflect the allocations set forth in the Final Allocation.
Sample 1
Seller and Purchaser shall have the respective rights and obligations set forth in this Article 4 during the period between the date hereof and the Closing Date.
Sample 1
Seller and Purchaser shall consummate the transaction contemplated by this Agreement at Closing through an escrow with the Title Company and pursuant to escrow instructions acceptable to the Title Company, Seller and Purchaser. The attorneys for Seller and Purchaser are authorized to execute the escrow instructions letter, any amendments thereto and all directions or communications thereunder.
Sample 1
Seller and Purchaser hereby waive the provisions set forth in Section 5-1311 of the General Obligations Law of the State of New York to the extent that same are inconsistent with the provisions of this Agreement.
Sample 1

Related to Seller and Purchaser

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Sellers has the meaning set forth in the preamble.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Selling Parties shall have the meaning specified in the preamble.

  • Seller Ancillary Documents means all agreements, instruments and documents being or to be executed and delivered by Seller or any of its Affiliates under this Agreement or in connection herewith.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Buyer has the meaning set forth in the preamble.

  • Seller Representative means Xxxxx Bank.

  • Seller has the meaning set forth in the preamble.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Purchaser means the organization purchasing the goods.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • Close of Escrow means the date of the close of escrow between the builder and the original homeowner. With respect to claims by an association, as defined in Section 4080, “close of escrow” means the date of substantial completion, as defined in Section 337.15 of the Code of Civil Procedure, or the date the builder relinquishes control over the association’s ability to decide whether to initiate a claim under this title, whichever is later.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Buyer’s Representatives has the meaning set forth in Section 6.02.

  • Buyer Representatives has the meaning set forth in Section 4(e).

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

  • Seller Agreements means the Sale and Servicing Agreement, the Purchase Agreement, the Trust Agreement, [the Insurance Agreement, the Indemnification Agreement] and this Agreement. The Notes are being purchased by the Underwriters named in Schedule 1 hereto, and the Underwriters are purchasing, severally, only the Notes set forth opposite their names in Schedule 1, except that the amounts purchased by the Underwriters may change in accordance with Section 10 of this Agreement. [Name of representative of underwriters] is acting as representative of the Underwriters and in such capacity, is hereinafter referred to as the "Representative." The offering of the Notes will be made by the Underwriters and the Companies understand that the Underwriters propose to make a public offering of the Notes for settlement on _____________, 20__ as the Underwriters deem advisable. The Certificate will be retained by the Seller. Defined terms used herein shall have their respective meanings as set forth in the Sale and Servicing Agreement.

  • Closing Agent means the attorney, real estate firm, or closing company that is closing the cash sale qualifying purchase transaction and that prepares the cash sale settlement statement.