Common use of Dissolution of Seller Clause in Contracts

Dissolution of Seller. Nothing contained in this Agreement shall be construed as prohibiting Sellers from dissolving after the Closing Date and transferring to each of Sellers’ respective shareholders their proportionate right to receive the Purchase Price as provided in Section 1.2.

Appears in 2 contracts

Samples: Purchase Agreement (Outback Steakhouse Inc), Purchase Agreement (Outback Steakhouse Inc)

AutoNDA by SimpleDocs

Dissolution of Seller. Nothing contained in this Agreement shall be construed as prohibiting Sellers Seller from dissolving after the Closing Date and transferring to each of Sellers’ respective shareholders Shareholder their proportionate right to receive the Purchase Price Retained Shares as provided in Section 1.2SECTION 2.4.

Appears in 1 contract

Samples: Asset Purchase Agreement (Outback Steakhouse Inc)

AutoNDA by SimpleDocs

Dissolution of Seller. Nothing contained in this Agreement shall be construed as prohibiting Sellers Seller from dissolving after the Closing Date and transferring to each of Sellers’ respective shareholders the Seller’s members their proportionate right to receive the Purchase Price as provided in Section 1.2.

Appears in 1 contract

Samples: Purchase Agreement (Outback Steakhouse Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.