Agreements and Covenants of Seller and Tedom Sample Clauses

Agreements and Covenants of Seller and Tedom. (a) Tedom was permitted to hire Xxxxxx Xxxx since November 1, 2017 in order to pursue any leads for sales of Tedom Products to third parties that are not prohibited parties to Tedom, as identified in Exhibit F of this Agreement. Xx. Xxxx will be permitted to pursue any leads for the sales of Tedom Products, except for such Tedom Products that the Buyer or Company have exclusivity for as provided in Section 8.02(b). Xx. Xxxx will not be permitted to contact or to pursue any leads for customers, representatives, and agents, as identified as the Buyer’s or the Company’s in Exhibit F of this Agreement during the eighteen (18) months after the signature of this agreement. The parties to this Agreement agree that the Company was not responsible for paying Xx. Xxxx’x salary, benefits, or any other expenses after November 1, 2017. (b) Tedom hereby grants to Buyer and Company, for a period from the date hereof through a minimum of December 31, 2018, but continuing until termination of such right in writing by the parties (the “Exclusivity Period”), the sole and exclusive right to market, sell, offer for sale, and distribute the Tedom Products known as Micro T 35 unit in the “Territory” which means the State of New York, the State of New Jersey, and the Greater New York City consisting of the New York-Newark NY-NJ-CT-PA, combined statistical area as stated in the most recent U.S. census bureau report, Massachusetts, Maine, Vermont, New Hampshire, Connecticut and Rhode Island, , whether through sales agents and distributors or otherwise; provided that Buyer or Company has submitted purchase orders to Tedom and Tedom has approved such purchase orders, which Tedom shall not unreasonably withhold or delay, for at least fifteen (15) such units at the prices set forth on Exhibit E during the calendar year 2018; provided, that if Buyer fails to meet such minimum requirement, the Exclusivity Period shall automatically terminate on December 31, 2018, and Tedom shall, notwithstanding anything to the contrary herein, thereafter have the right to change the terms of sales, including pricing for the Micro T35 units, that Buyer or Company wish to purchase. During each calendar year of the Exclusivity Period (unless earlier terminated), the minimum number of Micro T35 units to be sold in the Territory shall increase by an additional five (5) units over the prior calendar year’s minimum requirement, with the exception for calendar year 2019 when the minimum number of Micro T35 unit...
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Related to Agreements and Covenants of Seller and Tedom

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER 4.1 To induce Purchaser to enter into this Agreement, Seller hereby makes for the benefit of Purchaser and its assigns with respect to each Mortgage Loan as of the date hereof (or as of such other date specifically set forth in the particular representation and warranty) each of the representations and warranties set forth on Exhibit 2 hereto, except as otherwise set forth on Schedule 2-A attached to such Exhibit 2. In addition, Seller hereby further represents, warrants and covenants to Purchaser as of the date hereof as follows:

  • COVENANTS OF SELLER AND BUYER Seller and Buyer each covenant with the other as follows:

  • Covenants of Sellers Sellers agree that:

  • Representations, Warranties and Covenants of Sellers Sellers hereby represent, warrant, and covenant to Buyer as follows:

  • COVENANTS OF BUYER AND SELLER Buyer and Seller agree that:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • Representations, Warranties and Covenants of the Sellers and Master Servicer (a) Countrywide hereby makes the representations and warranties set forth in (i) Schedule II-A, Schedule II-B, Schedule II-C and Schedule II-D hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, (ii) Schedule III-A hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date with respect to all of the Mortgage Loans, and (iii) Schedule III-B hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date with respect to the Mortgage Loans that are Countrywide Mortgage Loans. Park Granada hereby makes the representations and warranties set forth in (i) Schedule II-B hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date and (ii) Schedule III-C hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date with respect to the Mortgage Loans that are Park Granada Mortgage Loans. Park Monaco hereby makes the representations and warranties set forth in (i) Schedule II-C hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date and (ii) Schedule III-D hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date with respect to the Mortgage Loans that are Park Monaco Mortgage Loans. Park Sienna hereby makes the representations and warranties set forth in (i) Schedule II-D hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date and (ii) Schedule III-E hereto, and by this reference incorporated herein, to the Depositor, the Master Servicer and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date with respect to the Mortgage Loans that are Park Sienna Mortgage Loans.

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