Obligation of Sellers. The obligations of the Sellers under this Agreement shall not be affected by reason of the invalidity, illegality or irregularity of any ALAC Securitization Document.
Obligation of Sellers. The Sellers will indemnify and hold the Purchaser harmless from any loss of expense which the Purchaser may sustain by reason of any claim presented against Purchaser as to the validity of the Sellers’ title to the common shares of Got Chocolates transferred to Purchaser.
Obligation of Sellers. (a) Sellers acknowledge that the locations of certain water mains, pipes, valves, and other appurtenances of the water system may be difficult to determine and accordingly, agrees to provide, at the request of CONSUMERS, an individual, employed by Oakview as a Water Department employee on the date of execution of this agreement, who is familiar with the water system and the location of the various appurtenances thereto, for the purpose of assisting CONSUMERS in locating mains, pipes or valves to effect repairs. The obligation of the sellers to provide such assistance shall terminate on the date of closing. If all the conditions to Consumer’s obligations under this Agreement have not been completed and satisfied in full on or prior to September 19, 2003, Consumers shall have the right to terminate this Agreement without any payment to Owner or any penalty and this Agreement shall thereafter be null and void.
Obligation of Sellers. I agree to furnish all property information necessary for processing of buyer’s mortgage. It is my responsibility for continuation of utilities, including but not limited to heat, light and water, interior and exterior maintenance, lawn care, leaf removal and snow plowing until transfer of title. It is agreed that this property is listed in full compliance with the local*, State and Federal Fair Housing Laws against discrimination on the basis of race, creed, color, national origin, religion, sex, age, disability, marital status or familial status. (*some local ordinances may vary)
Obligation of Sellers. Subject to the limitation on Sellers' liability under Section 11.4 below, each of the Sellers, jointly and severally, agrees to indemnify, defend and hold harmless JMAR and its directors, officers, employees, agents, subsidiaries and affiliates, and their respective successors and assigns from and against all losses, liabilities, damages, deficiencies, costs or expenses, including interest, penalties and reasonable attorneys' fees and disbursements ("Losses") which any of them shall incur or suffer based upon, arising out of or otherwise in respect of or involving (a) any inaccuracy in or any breach of any representation, warranty, covenant or agreement of Sellers contained in this Agreement or in any document or other papers delivered by Sellers pursuant to this Agreement which was not waived by JMAR prior to Closing, or (b) any liability, obligation, debt or commitment of Sellers, not included in the Assumed Liabilities, or (c) any third-party claim or claims made or threatened against JMAR or affecting any portion of the Purchased Assets which arise out of the operation of the CORTS Business prior to the execution of the Letter Agreement.
Obligation of Sellers. ........................................12 SECTION 6.2 [RESERVED].......................................................12 SECTION 6.3 AMENDMENT........................................................13 SECTION 6.4 PROPERTY ASSIGNMENT..............................................13 SECTION 6.5 SEVERABILITY.....................................................13 SECTION 6.6 WAIVERS..........................................................13 SECTION 6.7 NOTICES..........................................................13 SECTION 6.8 [RESERVED].......................................................14 SECTION 6.9 HEADINGS AND CROSS REFERENCES....................................14 SECTION 6.10 GOVERNING LAW....................................................14 SECTION 6.11 COUNTERPARTS.....................................................14 SECTION 6.12
Obligation of Sellers. The Sellers will indemnify and hold the Purchaser harmless from any loss or expense which the Purchaser may sustain by reason of any claim presented against Diamond Holding, L.L.C. within one year from the date hereof on account of anything whatsoever initiated, existing, or occurring prior to the date hereof.
Obligation of Sellers. Whenever this Agreement requires any of the ASIG Entities to take any action on or prior to the Closing, such requirement shall be deemed to include an undertaking on the part of Sellers to cause such ASIG Entities to take such action.
Obligation of Sellers. Each Seller hereby agrees to severally indemnify the Buyer Indemnified Parties and hold each of them harmless from and against and pay on behalf of or reimburse any such Buyer Indemnified Party in respect of any Loss which such Buyer Indemnified Party may suffer, sustain or become subject to, as a result of, arising out of, relating to or in connection with:
Obligation of Sellers. Buyer acknowledges and agrees that Sellers are comprised of Havana Street Partnership, a general partnership ("Seller A"), and Xxxxx X. Furstenberg, an individual ("Seller B"), and that Seller A will convey title to the Property shown on Exhibit A1 as Tract 4 ("Property A") to Buyer at closing, and that "Seller B" will convey title to the Property shown on Exhibit A1 as the East 182.79 feet of Tract 2 and all of Tract 3 ("Property B") to Buyer at closing. Accordingly, any and all obligations, covenants, agreements, representations and warranties of Sellers with respect to the Property A and Property B hereunder shall be deemed to be those of Seller A only with respect to Property A, and to be those of Seller B only with respect to Property B. The obligations of Seller A and Seller B hereunder shall not be joint and several, except where the context clearly so indicates.
