Common use of Buyer Designee Clause in Contracts

Buyer Designee. The Parties agree that Buyer may assign the right to purchase certain of the Purchased Assets to one or more Buyer Designees or that one or more Buyer Designees may enter into a Collateral Agreement. Notwithstanding any such assignment or execution of a Collateral Agreement by a Buyer Designee, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, its obligations hereunder or thereunder. Any reference to Buyer in this Agreement shall to the extent applicable also be deemed a reference to the applicable Buyer Designee, except where in context of this Agreement such use would not be appropriate.

Appears in 12 contracts

Samples: Asset Purchase Agreement (Merit Medical Systems Inc), Asset Purchase Agreement, Asset Purchase Agreement

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Buyer Designee. The Parties parties agree that Buyer may assign the right to purchase certain of the Purchased Assets to one or more Buyer Designees or that one or more Buyer Designees may enter into a Collateral Agreement. Notwithstanding any such assignment or execution of a Collateral Agreement by a Buyer Designee, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, its obligations hereunder or thereunder. Any reference to Buyer in this Agreement shall to the extent applicable also be deemed a reference to the applicable Buyer Designee, except where in context of this Agreement such use would not be appropriate.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Triquint Semiconductor Inc), Asset Purchase Agreement (Triquint Semiconductor Inc), Asset Purchase Agreement (Agere Systems Inc)

Buyer Designee. The Parties parties agree that Buyer may assign assign, in whole or in part, the right to purchase certain of the Purchased Assets to one or more Buyer Designees or that one or more Buyer Designees may enter into a Collateral Agreement. Notwithstanding any such assignment or execution of a Collateral Agreement by a Buyer Designee, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, its obligations hereunder or thereunder. Any reference to Buyer in this Agreement shall to the extent applicable also be deemed a reference to the applicable Buyer Designee, except where in context of this Agreement such use would not be appropriate.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Emcore Corp), Asset Purchase Agreement (Agere Systems Inc)

Buyer Designee. The Parties agree that Buyer may and shall assign the right to purchase certain of the Purchased Assets to one or more the Buyer Designees or that one or more Buyer Designees may enter into a Collateral AgreementDesignee contemporaneously with the Buyer’s purchase of the Purchased Assets. Notwithstanding any such assignment or execution of a Collateral Agreement collateral agreement by a the Buyer DesigneeDesignee or contemporaneous assignment, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, its obligations hereunder or thereunder. Any reference to Buyer in this Agreement shall to the extent applicable also be deemed a reference to the applicable Buyer Designee, except where in context of this Agreement such use would not be appropriate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Taronis Technologies, Inc.)

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Buyer Designee. The Parties agree that Buyer may assign the right to purchase certain of the Purchased Assets to one or more Buyer Designees or that one or more Buyer Designees may enter into a Collateral an Ancillary Agreement. Notwithstanding any such assignment or execution of a Collateral an Ancillary Agreement by a Buyer Designee, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, for its obligations hereunder or thereunderand will not delegate the issuance of the Stock Consideration to any Buyer Designee. Any reference to Buyer in this Agreement shall to the extent applicable also be deemed a reference to the applicable Buyer Designee, except where in context of this Agreement such use would not be appropriate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Perspective Therapeutics, Inc.)

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