Common use of Nature of Sellers’ Obligations Clause in Contracts

Nature of Sellers’ Obligations. All representations, warranties, and covenants of Sellers in this Agreement are joint and several obligations. This means that each Seller shall be responsible to the extent provided in Section 8(b)(i) above for the entirety of any Adverse Consequences any Buyer Indemnitee may suffer as a result of any breach or inaccuracy thereof.

Appears in 3 contracts

Samples: Stock Purchase Agreement (HC2 Holdings, Inc.), Stock Purchase Agreement (HC2 Holdings, Inc.), Purchase Agreement (American Financial Group Inc)

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Nature of Sellers’ Obligations. All (i) The representations, warranties, and covenants of Sellers in this Agreement are joint and several obligations. This means that each Seller shall be responsible to the extent provided in Section 8(b)(i) §8 above for the entirety of any Adverse Consequences any Buyer Indemnitee may suffer as a result of any breach or inaccuracy thereof.

Appears in 3 contracts

Samples: Equity Interest Purchase Agreement (Upexi, Inc.), Equity Interest Purchase Agreement (Grove, Inc.), Stock Purchase Agreement (General Employment Enterprises Inc)

Nature of Sellers’ Obligations. All representations, warranties, and covenants of Sellers in this Agreement are joint and several obligations. This means that each Seller shall be responsible to the extent provided in Section §8(b)(i), (ii) and (iii) above for the entirety of any Adverse Consequences any Buyer Indemnitee Indemnitees may suffer as a result of any breach or inaccuracy thereofof the representations, warranties, and covenants in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Solo Cup CO)

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Nature of Sellers’ Obligations. All Other than the representations and warranties contained in Section 3.1, the representations, warranties, and covenants of Sellers in this Agreement are joint and several obligations. This means that that, subject to the limitations set forth in Sections 8.2(c) and (e), each Seller shall be responsible to the extent provided in Section 8(b)(iSections 8.2(a) and 8.2(b) above for the entirety of any Adverse Consequences any Losses suffered by Buyer Indemnitee may suffer as a result of any breach or inaccuracy thereof.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Crocs, Inc.)

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