Seller Parties definition
Examples of Seller Parties in a sentence
After the Closing, the Buyer Parties shall have no recourse of any kind to the Seller Parties under any theory of liability, for any action or inaction of any of the Seller Parties, in each case at or prior to the Closing.
In no event shall the Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to any Seller Parties, any Investors or any other Person for damages of any kind, including direct or indirect, special, incidental or consequential damages, losses or expenses (whether in tort, contract or otherwise) arising out of any Seller Parties’ or the Agent’s transmission of communications through the Platform.
All Deal Communications that are attorney-client privileged (the “Privileged Deal Communications”) shall remain privileged after the Closing and the privilege and the expectation of client confidence relating thereto shall belong solely to the Seller Parties, shall be controlled by Seller on behalf of the Seller Parties and shall not pass to or be claimed by Buyer or any of its Affiliates.
The Buyer Parties acknowledge and agree that each of the Seller Parties are express third-party beneficiaries of this Section 9.1. ▇▇▇▇▇ acknowledges and agrees that the covenants set forth in this Section 9.1 are an essential element to this Agreement and that, but for these covenants, none of the Company, Blockers or Sellers would have entered into this Agreement or otherwise agreed to consummate the transactions contemplated hereby.