Common use of Release of Sellers Clause in Contracts

Release of Sellers. The Purchaser may release, or compromise the liability of, any Seller or grant time or other indulgence to any Seller without releasing or reducing the liability of any other Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Veritas Software Corp /De/)

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Release of Sellers. The Purchaser may release, release or compromise the liability of, of any Seller or grant time or other indulgence to any Seller of the Sellers under this Agreement without releasing or reducing affecting the liability of any the other SellerSellers.

Appears in 1 contract

Samples: Share Purchase Agreement (BlueNRGY Group LTD)

Release of Sellers. 8.2.1 The Purchaser may release, release or compromise the liability of, of any Seller or grant time or other indulgence to any Seller without releasing or reducing the liability of any the other Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Sensata Technologies Holding N.V.)

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Release of Sellers. The Purchaser may release, or compromise the liability of, any Seller or grant time or other indulgence to any Seller without releasing or reducing the liability of any other Seller. Where a liability of one or some but not all of the Sellers under any obligation which is both joint and several is released or compromised, the remaining Sellers shall continue to be severally and shall together be jointly liable on that obligation.

Appears in 1 contract

Samples: Viasys Healthcare Inc

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