Seller Group definition
Examples of Seller Group in a sentence
This Agreement may only be amended, supplemented or changed by a written instrument signed by the Parent and the Seller Group.
The Sellers and the Purchaser agree to co-operate in good faith to determine whether any transitional services will need to be provided by the Sellers (or any Seller Group Company) to any Group Company following Completion in order to facilitate the operation of the Business following Completion (which may include, without limitation, transitional access being provided to relevant aspects of the Netsuite and PeopleHR systems).
The Seller Group shall have no liability as a result of their designation of a person for election as a Director, nor for any act or omission by such nominee in their capacity as a Director, nor shall any Party or other Person have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.
The Seller Group acknowledges and agrees that the Seller Group shall monitor and maintain records to evidence whether the Minimum Threshold continues to be satisfied.
To the extent the Sellers and the Purchaser determine that any such transitional services are required, the Sellers and the Purchaser shall co-operate in good faith to agree the terms of a transitional services agreement to be entered into by the relevant Seller Group Company and the relevant Group Company at Completion, including reaching agreement on an appropriate service period(s) and a reasonable costs framework to apply to such services.