Examples of Seller Election Notice in a sentence
Purchaser shall make its election between clauses (i) and (ii) of the second preceding sentence by written notice to Seller given not later than the fifth (5th) Business Day after the giving of the Seller Election Notice by Seller to Purchaser of Seller’s determination not to cure any Objection(s).
If the Seller Election Notice states that Seller has determined not to cure any Objections, Purchaser shall have the right to elect either (i) to accept the title as it then is, without any reduction of the Purchase Price or any credit or allowance on account thereof or any other claim against Seller, or (ii) to terminate this Agreement.
Seller Election Notice" shall have the meaning given in Section 8.1(c).
As at December 31, 2018, the Company has more than 48 branches of IT Junction with leasable area of 13,318 square meters and a total of 1,367 retail stores both in Bangkok and other provinces.
If the Seller Election Notice states that Seller has determined not to remove any Objections (or if Seller is deemed to have elected not to remove the Objections), Purchaser shall have the right to elect either (i) to accept such title as Seller is able to convey, without any reduction of the Purchase Price or any credit or allowance on account thereof or any other claim against Seller, or (ii) to terminate this Agreement.
To the extent that the Additional Sellers have not provided the applicable Harbinger Affiliate with an Additional Seller Election Notice within the time period specified in paragraph 9 above, the applicable Harbinger Affiliate shall have a period of ninety (90) days from delivery of such Fortress Sale Notice to consummate the Fortress Sale, upon terms and conditions (including the purchase price) that are not materially more favorable (in the aggregate) than those specified in the Fortress Sale Notice.