Seller’s Portion definition

Seller’s Portion shall have the meaning set forth in Section 18(f).
Seller’s Portion means the percentage of the Seller’s total Purchase Price to the total Purchase Price paid to USPB and NBPCo reflected on Exhibit B.
Seller’s Portion has the meaning set forth in Section 6.5(f)(x).

Examples of Seller’s Portion in a sentence

  • For avoidance of doubt, Seller’s Portion of any Straddle Period Taxes shall be determined without regard to any Prepaid Taxes or Reserved Tax Liability.

  • Seller shall be liable for, and subject to the provisions of this Section 18, shall pay, indemnify and hold harmless the Buyer Indemnitees, on an after-tax basis, against Seller’s Portion of any Straddle Period Taxes (including any amounts paid to Seller under Section 18(j)) in excess of the Reserved Tax Liability and any Losses arising therefrom.

  • Unless expressly stated otherwise, any liability or obligation of the Sellers collectively arising out of this Agreement (including pursuant to Section 8.1) shall be several, not joint, and apportioned to each Seller according to the Seller’s Portion.

  • Each Seller will pay the Seller’s Portion of the fees and expenses incurred by Sellers and (except as provided in Section 8.17(c) below) National in connection with the drafting of this Agreement.

  • Buyer shall pay to the R&W Insurer the premium for the R&W Insurance Policy less Seller’s Portion of the R&W Insurance Policy Premium.


More Definitions of Seller’s Portion

Seller’s Portion has the meaning given in Section 4.3.6(d)(i);
Seller’s Portion means, with respect to any indemnification of Damages hereunder, 89.265%.
Seller’s Portion means, with respect to claims made within the specified period after the Closing Date: (i) 80% during the first twelve (12) months; (ii) 70% during the second twelve (12) months; (iii) 60% during the third twelve (12) months; (iv) 50% during the fourth twelve (12) months; (v) 40% during the fifth twelve (12) months; (vi) 30% during the sixth twelve (12) months; and (vii) 20% during the seventh twelve (12) months.
Seller’s Portion has the meaning set forth in Section 2.9(a).
Seller’s Portion shall have the meaning given such term in Section 11.2 hereof.
Seller’s Portion means the amount set forth opposite such Seller’s name on the Proceeds Allocation tab of Appendix 3.1.4 under the heading “Seller’s Portion” (such amount shall represent (a) the portion of the Closing Payment payable to such Seller plus (b) the portion of the Escrow Amount attributable to such Seller plus (c) the portion of the Extra Amount attributable to such Seller).
Seller’s Portion means forty-two (42%) percent, payable in kind in the same proportion received by Purchaser and/or Purchaser’s direct or indirect equityholders.