Common use of Obligation of the Seller Clause in Contracts

Obligation of the Seller. 5.1 In case that no breach to the Warrant, the Seller shall undertake: 5.1.1 any indebtedness, duty and obligation on the Transfer Assets existing before and on the Closing Date raised by virtue of any restriction of rights, regardless of such obligation raised before or after the Closing Date; and 5.1.2 any third party’s claim or obligation in respect of the Transfer Assets result from any do or no-to-do by the Seller before or on the Closing Date.

Obligation of the Seller. 5.1 4.1 In case that no breach to the Warrant, the Seller shall undertake: 5.1.1 4.1.1 any indebtedness, duty and obligation on the Transfer Assets existing before and on the Closing Date raised by virtue of any restriction of rights, regardless of such obligation raised before or after the Closing Date; and 5.1.2 4.1.2 any third party’s 's claim or obligation in respect of the Transfer Assets result from any do or no-to-do by the Seller before or on the Closing Date.