Seller Releasee definition

Seller Releasee shall have the meaning set forth in Section 10.19.

Seller Releasee has the meaning set forth in Section 10.8(b).

Seller Releasee shall have the meaning set forth in Section 7.07(b).

Examples of Seller Releasee in a sentence

• Each Purchaser Releasor covenants and agrees not to, nor shall any Purchaser Releasor cause its respective Subsidiaries to, assert any claim released hereby against any Seller Releasee.

• Nothing herein shall be deemed to release any rights any Seller Releasor may have to make any claims under any insurance policy or policies maintained for such Seller Releasor’s benefit by any Seller Releasee at any time on or prior to the Closing Date, including, without limitation, general liability, directors and officers, errors and omissions or malpractice insurance.

• The execution and delivery of this Agreement shall not constitute an acknowledgment of, or an admission by, any Buyer Releasor or Seller Releasee of the existence of any such claims or of Liability for any matter or precedent upon which any Liability may be asserted.

• Purchaser shall, and shall cause its Affiliates to, refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced any legal proceeding, of any kind against a Seller Releasee based upon any matter released pursuant to this Section 9.1(a).

• Each Seller hereby irrevocably covenants to refrain from, and to cause each of its Related Persons to refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced, any Proceeding of any kind against any Seller Releasee, based upon any Seller Released Claim.

More Definitions of Seller Releasee

Seller Releasee has the meaning set forth in Section 8.8(b).

Seller Releasee has the meaning set forth in Section 4.18.

Seller Releasee has the meaning set forth in Section 6(m)(ii).

Seller Releasee means (a) any direct or indirect holder of equity interests or securities in the Seller and its Subsidiaries (whether limited or general partners, members, stockholders, or otherwise) and (b) any director, officer, or employee of (i) the Seller and its Subsidiaries or (ii) any Person who controls, directly or indirectly, the Seller and its Subsidiaries.

Seller Releasee has the meaning set forth in Section 9(q)(iii) below.

Seller Releasee shall have the meaning set forth in Section 11.15(b).

Seller Releasee has the meaning set forth in Section 9.3.