Seller Releases definition

Seller Releases shall have the meaning assigned thereto in Section 2.3(d)(v).
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Seller Releases has the meaning set forth in Section 5.10(b).
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Seller Releases means those certain releases entered into by each of the Sellers thereto providing releases in favor of each Buyer, Merger Sub, the Company and their respective Related Parties, substantially in the form attached hereto as Exhibit H.
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Examples of Seller Releases in a sentence

  • Buyer will promptly notify Sellers when each Lender consents to the Assumption and the Seller Releases.

  • Buyer covenants to communicate with Sellers and to keep Sellers informed with respect to the status of the Assumption and the Seller Releases.

  • If Buyer is unable to obtain the Seller Releases by noon, Dallas, Texas time on January 17, 2005, Buyer will promptly notify Sellers in writing thereof.

  • Receipt of the Seller Releases at or prior to the Closing shall not be a condition precedent to Sellers’ obligation to close the transaction contemplated hereby.

  • The closing costs shall be those costs incurred in conjunction with closing escrow and shall be paid at the close of escrow as follows: Expenses payable by the Seller: Releases of existing liens, including prepayment penalties and recording fees; release of Seller’s loan liability; tax statements or certificates; survey; preparation of deed; one-half of escrow fee; and other expenses required by the Seller under FHA, VA, or other government loan program regulations.


More Definitions of Seller Releases

Seller Releases means Releases, in the form of Exhibit G.
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Seller Releases has the meaning provided in Section 3.2(a)(xiii).
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Seller Releases means the releases from each of the Sellers to the Company and the Buyer, substantially in the form attached as Exhibit C, releasing the Company from any and all debts, obligations, claims or liabilities of any kind or nature, known or unknown.
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Seller Releases means the releases and discharges by and among each Seller, the Corporation and the Subsidiary, each in the form of Exhibit D attached hereto;
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Seller Releases has the meaning set forth in Section 1.04(m).
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Seller Releases shall have the meaning set forth in Section 6.2(e).
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Seller Releases has the meaning as defined in Section 2.4.
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