Seller Parties definition
Examples of Seller Parties in a sentence
Any losses payable to a Buyer Indemnitee pursuant to this Article VII shall be satisfied: (i) from the Holdback Amount; and (ii) to the extent the amount of losses exceeds the Holdback Amount, from the Seller Parties.
Except as provided herein, Seller Parties and Buyer Parties shall each pay their own legal, accounting, due diligence and finders expenses incurred in connection with this Agreement and the transactions contemplated hereby.
The Seller Parties hereby jointly and severally represent and warrant to Buyer as of the date hereof and as of the Closing Date as follows.
For the avoidance of doubt, none of the communications described on Schedule 10.10(b) shall be deemed Deal Communications or Privileged Deal Communications, and the attorney-client privilege, the expectation of client confidence and all other rights to any evidentiary privilege belonging to the Company shall be controlled by the Parent Parties after the Closing Date and shall not pass to or be claimed by any Seller Parties or any of the Company’s pre-Closing directors, officers or employees.
No representation or warranty by Seller Parties in this Agreement and no statement contained in the Disclosure Schedules to this Agreement or any certificate or other document furnished or to be furnished to Buyer pursuant to this Agreement contains any untrue statement of a material fact or omits to state a material fact necessary to make the statement contained therein, in light of the circumstances in which they are made, not misleading.