Limitation on Sellers Obligations Sample Clauses

Limitation on Sellers Obligations. Notwithstanding any other provision of this Section 4.5, in no event shall any Seller have any liability under this Section 4.5 for any amounts in excess of the dollar amount of the proceeds actually received by such Seller from the sale by such Seller of Registrable Securities (after deducting any fees, discounts and commissions applicable thereto) pursuant to the Registration Statement
AutoNDA by SimpleDocs
Limitation on Sellers Obligations. Notwithstanding anything herein to the contrary, the indemnification rights and obligations provided for in Section 10.2 are subject to the following limitations:
Limitation on Sellers Obligations. Seller shall not be obligated to indemnify any Buyer Indemnified Parties under ARTICLE V for a breach of any of Sellersrepresentations and warranties in ARTICLE II until all Losses of Buyer Indemnified Parties, individually or in the aggregate, exceed the aggregate sum of $50,000 (the “Basket”), at which point Seller will be obligated to indemnify such Buyer Indemnified Parties from and against the full amount of all Losses (including those comprising the Basket) for an amount up to but not to exceed 15% of the Purchase Price (the “Cap”); provided however, neither the Basket nor the Cap shall apply to any Losses arising out of or related to a breach of Sellers’ representations and warranties in Section 2.01 or 2.04 or those arising from fraud, gross negligence or willful misconduct of the Seller (the “Fraud Losses”)..
Limitation on Sellers Obligations. Seller shall be required to indemnify Buyer if and only to the extent Damages from the breach of the representations and warranties contained in Article 4 exceed Twenty Five Thousand Dollars ($25,000.00); provided, however, breaches of the representations and warranties contained in Section 4.28 are not subject to this limitation.
Limitation on Sellers Obligations. Seller shall not be obligated to deliver gas hereunder from any well at a rate which in the opinion of the Seller, acting as a reasonably prudent operator, would be injurious to such well or to the reservoir or reservoirs from which such well is produced.
Limitation on Sellers Obligations 

Related to Limitation on Sellers Obligations

  • Seller’s Obligations At Closing, Seller shall deliver or cause to be delivered to Buyer the following:

  • Conditions to Seller’s Obligations The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction of the following conditions on or before the Closing Date:

  • Conditions to the Seller’s Obligations The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction at or prior to the Closing (and shall remain satisfied at and as of the Closing) of the following additional conditions, any of which may be waived by the Seller in its sole discretion, in whole or in part:

  • Seller's Obligation The obligation of Seller to sell and deliver the Shares to Buyer is subject to the satisfaction (or waiver by Seller) as of the Closing of the following conditions:

  • Conditions to Seller’s Obligation Seller's obligation to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Buyer’s Obligations At Closing, Buyer shall deliver or cause to be delivered to Seller the following:

  • Conditions To Seller's Obligation To Sell Seller's obligation to sell the Debentures is conditioned upon:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • Seller’s Obligations at Closing At Closing, Seller shall:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!