Seller Parent definition
Examples of Seller Parent in a sentence
Purchaser Parent is authorized by the Purchaser Affiliate, with the express consent of the Seller Affiliate, to conduct payment of the Germany Purchase Price pursuant to this Agreement and Seller Parent is authorized by the Seller Affiliate with the express consent of the Purchaser Affiliate, to receive payment of the Germany Purchase Price pursuant to this Agreement.
Purchaser Parent is authorized by the Purchaser Affiliate, with the express consent of the Seller Affiliate, to conduct payment of the Spain Purchase Price pursuant to this Agreement and Seller Parent is authorized by the Seller Affiliate with the express consent of the Purchaser Affiliate, to receive payment of the Spain Purchase Price pursuant to this Agreement.
In no event shall Purchaser Parent or Purchaser Affiliate be entitled to recover, or shall Seller Parent or Seller Affiliate be obligated to pay, more than once for any Damages arising out of the same facts, circumstances, events, or occurrences, regardless of whether such recovery is sought under this Agreement or the Master Purchase Agreement.
Certain indemnification obligations of Seller Parent and Seller Affiliate, as applicable, with respect to matters arising under or relating to this Agreement are set forth on Schedule 7.2(f) of the Master Purchase Agreement, as amended.
The calculation made pursuant to this Section 9.4 shall not comprise claims of Germany Transferred Employees for which the Seller Parent or Seller Affiliate has transferred to the Purchaser Affiliate existing direct insurance (Direktversicherungen) and indirect pension insurance (Rückdeckungsversicherungen) contracts, if any, in accordance with Section 9.3 of this Agreement.