Examples of Seller Transition Services Agreement in a sentence
Concurrent with the Closing, the parties are entering into the Seller Transition Services Agreement pursuant to which Seller will provide cash collection services to Buyer.
Following the Closing, Buyer shall have the right to utilize the IT Carve Out pursuant to the terms of the Seller Transition Services Agreement but shall not acquire any ownership or other rights with respect thereto except to the extent included in the Purchased Assets hereunder.
Neither Purchaser nor any of its Affiliates shall have any right of set off or any other similar rights with respect to any amounts owed pursuant to this Agreement or any other amounts claimed to be owed by or to Purchaser or its Affiliates arising out of the Purchase Agreement or the Seller Transition Services Agreement.
Sellers shall have reasonably demonstrated to Buyer that the information systems (including SAP) at each of the plants which are material to the conduct of the Business will be operational immediately after the Closing through the Seller Transition Services Agreement or other arrangements which allow operations in a commercially reasonable manner.
Seller shall have executed and delivered to Buyer the Seller Transition Services Agreement.