Equity Seller definition

Equity Seller has the meaning set forth in the Recitals.
Equity Seller means a natural per- son who is the record owner of a residence in foreclosure at the time an interest in the residence is transferred under an equity con- veyance to an equity purchaser or to a per- son acting in association with an equity purchaser.
Equity Seller means a natural person who is the record owner of a residence in

Examples of Equity Seller in a sentence

  • Upon the terms and subject to the conditions of this Agreement, Seller agrees to cause the Equity Sellers and the Mexican Equity Seller Nominee Partner, as applicable, to sell to Buyer, and Buyer agrees to, or to cause any Buyer Designee to, purchase from the Equity Sellers and the Mexican Equity Seller Nominee Partner, as applicable, all of the Shares (other than Shares of a Purchased Subsidiary owned by another Purchased Subsidiary).

  • The Equity Sellers and the Mexican Equity Seller Nominee Partner shall transfer and deliver to Buyer and the Buyer Designee, as applicable, at the Closing, valid title to such Shares free and clear of any Lien (other than Permitted Liens).

  • Each Share is duly authorized, validly issued, fully paid and nonassessable, and with respect to each Share of a Purchased Subsidiary that is a limited liability company, each Share has been duly authorized, validly issued, fully paid and is not subject to further obligations on the part of any Equity Seller to make future payments for its purchase of such Share or contributions to the applicable Purchased Subsidiary solely by reason of their ownership of such Share.

  • The execution, delivery and performance by each of Seller, each Equity Seller and any applicable Retained Subsidiary of the Transaction Documents, in each case, to which it is a party and the consummation of the transactions contemplated thereby are within its corporate or equivalent organizational powers and have been (or will be prior to execution) duly authorized by it by all necessary corporate or equivalent organizational action, including the unanimous approval of the Board of Directors of Seller.

  • In connection therewith, the Company has engaged the law firms set forth on Schedule 7.9 to defend the Company with respect to the Retained Litigation, and, except as otherwise agreed by the Company and Equity Seller, such counsel shall continue to represent the Company in that regard.


More Definitions of Equity Seller

Equity Seller means any seller of a residence in foreclosure.
Equity Seller means the Persons listed under such heading on Schedule I attached hereto.
Equity Seller means a natural person who is a property owner or homeowner at the time of the equity sale.
Equity Seller means a natural person who is the record owner of a residence in foreclosure at the time an interest in the residence is transferred under an equity conveyance to an equity purchaser or to a person acting in association with an equity purchaser.
Equity Seller means ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇, L.L.C.
Equity Seller means Seller and each Subsidiary of Seller set forth on Exhibit A-2 that holds the portion of the Transferred Interests set forth across such Person’s name on Exhibit A-2; provided, that Exhibit A-2 shall be amended to reflect any amendments to the Reorganization.
Equity Seller shall have the meaning given to such term in the preamble.