Sellers’ Covenants definition

Sellers’ Covenants shall have the meaning ascribed to such term in Section 4.9 hereof.
Sample 1
Sellers’ Covenants means the undertakings of the Sellers as set out in Clauses 8.2 and 8.3.
Sample 1
Sellers’ Covenants means all covenants and agreements required by this Agreement to be performed and complied with by Sellers prior to or on the Closing Date. Annex 1-9
Sample 1

Examples of Sellers’ Covenants in a sentence

  • METHODOLOGY To test CRBG’s compliance with contract provisions relative to cash management activities, we selected and reviewed a judgmental sample of 50 LOCA drawdown amounts, totaling$41,321,073 (from a universe of LOCA drawdowns, totaling $ , for the Compass Rose Health Plan during the period 2014 through June 30, 2016), for the purpose of determining if CRBG’s LOCA drawdowns were appropriate and adequately supported.

  • Without prejudice to the provisions of Clause 9.5 above, in the event the Sellers fail and/or neglect to perform any of the Sellers’ Covenants, this Agreement shall, at the option of the Buyers, stand cancelled and/or rescinded, upon which the Developer shall refund to the Buyers all payments received till that date, with interest @ 12% (twelve percent) per annum, from the date of payment to the date of refund.

  • Without prejudice to the provisions of Clause 9.5 above, in the event the Sellers fail and/or neglect to perform any of the Sellers’ Covenants, this Agreement shall, at the option of the Buyer, stand cancelled and/or rescinded, upon which the Developer shall refund to the Buyer all payments received till that date, with interest @ 10% (ten percent) per annum, from the date of payment to the date of refund.

  • The authors found that 88% of all considered applications violated at least one posed rule.

  • The assessment of fit of the revised BRT scheme against the Public Accounts Committee report, the Transport Select Committee report and the National Audit Office report was, by necessity, a subjective exercise.

  • The Sellers’ liability for a Breach of a Sellers’ Guarantee (other than a Fundamental Guarantee made by a Seller as individual debtor) or a Tax Warranty and the Sellers’ Covenants pursuant to Sections 9.1, 9.2, 9.4 and 9.5 shall be (i) pro rata as set forth in Exhibit 11.4 (the “Pro Rata Share”) and (ii) a several liability as partial debtors (teilschuldnerische Haftung) in accordance with the Pro Rata Share.

  • Each Seller’s aggregate liability for any and all claims of the Purchaser for Breaches of any of the Sellers’ Covenants pursuant to Section 9.1 (other than Shareholders’ Matters) shall not exceed an amount equal to such Seller’s Pro Rata Share in [redacted][Description: Euro amount redacted].

  • The Sellers’ covenants under Sections 12.1 and 12.2 shall be collectively referred to as the " Sellers’ Covenants".

  • The remedies which the Parties may have against each other under or in connection with this Agreement, including for Breaches of any of the Sellers’ Representations, the Sellers’ Covenants, the Sellers’ Indemnities or any other indemnities covenants, agreements or undertakings set forth in this Agreement shall solely be governed by this Agreement and shall be the exclusive remedies available to them.

  • Main Sellers’ Covenants shall have the meaning ascribed thereto in Section 12.1(a) of this Agreement.


More Definitions of Sellers’ Covenants

Sellers’ Covenants means the covenants, agreements and obligations of the Seller set forth in this Agreement.
Sample 1
Sellers’ Covenants means the covenants set forth in Section 7.1.
Sample 1

Related to Sellers’ Covenants

  • Seller Warranties shall have the meaning ascribed to the term in Clause 7.1.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Seller Ancillary Documents means all agreements, instruments and documents being or to be executed and delivered by Seller or any of its Affiliates under this Agreement or in connection herewith.

  • Seller’s Warranties means Seller’s representations and warranties set forth in Section 9.2 and the Closing Documents executed by Seller, as such representations and warranties may be deemed modified or waived by Buyer pursuant to the terms of this Agreement.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.3.

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Representations and Warranties The energy service under this Agreement will meet the applicable LDU’s standards and may be supplied from a variety of sources. Tomorrow Energy makes no representations or warranties other than those expressly set forth in this Agreement, and Tomorrow Energy expressly disclaims all other warranties, express or implied, including warranties of merchantability and fitness for a particular purpose.

  • Seller Fundamental Representations means the representations and warranties set forth in Section 6.1 (Organization, Good Standing and Qualification of Seller), Section 6.2 (Authorization; Enforceability), Section 6.10 (Title to Purchased Assets) and Section 6.26 (Brokerage Commission).

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

  • Purchaser’s Warranties means the warranties of the Purchaser set out in Clause 6.2 and Schedule 2;

  • Buyer Fundamental Representations means the representations and warranties of Buyer contained in Sections 6.1, 6.2 and 6.7.

  • Ancillary Documents means each agreement, instrument or document attached hereto as an Exhibit, and the other agreements, certificates and instruments to be executed or delivered by any of the Parties hereto in connection with or pursuant to this Agreement.

  • Sellers has the meaning set forth in the preamble.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Seller’s Counsel has the meaning set forth in Section 10.13(a).

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Article 55 BRRD means Article 55 of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms.

  • Seller Parent has the meaning set forth in the Preamble.

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1 (Organization; Good Standing); Section 3.2 (Corporate Power; Enforceability); Section 3.3(a) (Company Board Approval); Section 3.3(b) (Anti-Takeover Laws); Section 3.4 (Requisite Stockholder Approvals); Section 3.5(a) (Non-Contravention); Section 3.7 (Company Capitalization); and Section 3.25 (Brokers).

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Buyer Group has the meaning set forth in Section 15.1.