Sellers’ Data definition
Examples of Sellers’ Data in a sentence
Sellers hereby sell, convey, assign, transfer and deliver to Buyer and its successors and assigns, free and clear of any liens and encumbrances, all of Sellers’ right, title, and interest in and to the Sellers’ Data and any all personal property located on the Talapoosa Property (the “Property”).
Prior to the Option Exercise Closing Date, Gunpoint Parent and Buyer shall prepare an inventory of all Sellers’ Data delivered to Buyer.
The Talapoosa Property, the Permits, the Rental Space, and any and all personal property directly related to thereto, including Sellers’ Data are collectively referred to herein as the “Talapoosa Project”.
To the Knowledge of Sellers, within the past five (5) years, neither Sellers nor the Business (including any subcontractors Processing Sellers’ Data on Sellers’ or the Business’ behalf) have been subject to any Security Event, and no circumstances have arisen that would require Sellers, the Business, or any subcontractors (as it relates to Sellers’ Data) to notify any individual or Governmental Authority of a Security Event.
Except as set forth on Section 5.6(a) of the Seller Disclosure Schedule, neither the execution, delivery, and performance of this Agreement nor the taking over by Purchaser of all of Sellers’ Data will cause, constitute, or result in a breach or violation of any Privacy and Data Security Commitment in any material respect.
Promptly following the Closing and, in any event prior to the period required by the Carrier in the binder agreement with respect to the R&W Policy between Buyer and the Carrier dated on or about the date hereof, Buyer shall provide to Carrier (i) copies of the final, executed closing deliveries exchanged pursuant to this Agreement, and (ii) if required by Carrier, a copy of the CD or a DVD-ROM reflecting the full and complete contents of Sellers’ Data Room as of Closing.