Common use of Seller Assets Clause in Contracts

Seller Assets. The Seller covenants and agrees that it shall maintain cash in an amount of not less than Two Million Five Hundred Thousand Dollars ($2,500,000) during the period commencing on the Closing Date and ending on the one-year anniversary of the Closing Date and, during such period, such proceeds shall be available to the Seller to satisfy any indemnification obligations of the Seller under this Article 8, including to settle any litigation with third parties related to the Seller Licenses.

Seller Assets. The Seller covenants and agrees that it shall maintain cash in an amount of not less than Two Million Five Hundred Seventy-Nine Thousand Sixteen Dollars ($2,500,000279,016) during the period commencing on the Closing Date and ending on the one-year anniversary of the Closing Date and, during such period, such proceeds shall be available to the Seller to satisfy any indemnification obligations of the Seller under this Article 8, including to settle any litigation with third parties related to the Seller Licenses.

Seller Assets. The Seller covenants and agrees that it shall maintain cash in an amount of not less than Two Million Five Two Hundred Twenty Thousand Nine Hundred Eighty-Four Dollars ($2,500,0002,220,984) during the period commencing on the Closing Date and ending on the one-year anniversary of the Closing Date and, during such period, such proceeds shall be available to the Seller to satisfy any indemnification obligations of the Seller under this Article 8, including to settle any litigation with third parties related to the Seller Licenses.

Seller Assets. The Seller covenants and agrees that it shall maintain cash in an amount of not less than Two Million Five Eighty Six Thousand Four Hundred Thousand Eighty Nine Dollars ($2,500,0002,086,489) during the period commencing on the Closing Date and ending on the one-year anniversary of the Closing Date and, during such period, such proceeds shall be available to the Seller to satisfy any indemnification obligations of the Seller under this Article 8, including to settle any litigation with third parties related to the Seller Licenses.

Seller Assets. The Seller covenants and agrees that it shall maintain cash in an amount of not less than Two Million Four Hundred Thirteen Thousand Five Hundred Thousand Eleven Dollars ($2,500,000413,511) during the period commencing on the Closing Date and ending on the one-year anniversary of the Closing Date and, during such period, such proceeds shall be available to the Seller to satisfy any indemnification obligations of the Seller under this Article 8, including to settle any litigation with third parties related to the Seller Licenses.