Seller Waiver Sample Clauses
A Seller Waiver clause serves to relinquish or forgo certain rights or claims that the seller might otherwise have under a contract. In practice, this clause may specify that the seller will not enforce specific contractual provisions or pursue remedies for particular breaches by the buyer, either generally or under defined circumstances. The core function of this clause is to provide certainty and flexibility in the contractual relationship by clarifying which rights the seller is intentionally choosing not to exercise, thereby reducing the risk of future disputes over those rights.
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Seller Waiver. In consideration of the foregoing, Seller unconditionally waives all right to recover directly from CC Power any Termination Payment that is not paid by CC Power pursuant to Sections 11.3 and 11.4 of the PPA, but the foregoing waiver does not apply to any other right or remedy of Seller under the PPA, including the right to recover accrued Monthly Product Payments, other amounts payable or reimbursable under the PPA or any other amounts incurred or accrued prior to termination of the PPA and the right to terminate the PPA as the result of an Event of Default by Buyer.
Seller Waiver. Seller may be required to waive confidentiality, as to NYSERDA, for the direct transfer to NYSERDA by an energy market administrator or the operator of the transmission and/or distribution system into which the energy from the Selected Project is delivered of transactional and/or delivery information and data pertinent to the verification of attribute creation and electricity delivery.
Seller Waiver. Seller's waiver of any of its rights or remedies (which can only occur if Seller waives any right or remedy in writing) will not waive any other of Seller's rights or remedies or prevent Seller from later enforcing all of Seller's rights and remedies under other circumstances.
Seller Waiver. Notwithstanding anything to the contrary contained herein, the Seller shall not exercise or assert any right of contribution or right to indemnity or any other right or remedy against the Company or any of their Affiliates in connection with any indemnification obligation or any other Liability to which the Seller may become subject under this Agreement or otherwise in connection with any of the transactions contemplated herein.
Seller Waiver. Effective as of the Closing, and other than Liabilities reflected in the Net Working Capital Certificate, Seller hereby waives and releases all Liabilities of Target to Seller.
Seller Waiver. Pursuant to this Agreement and effective as of the date hereof and as of the Effective Time, the Seller hereby waives, in all respects, any rights it may have to an appraisal of its Equity Interests under Section 18-210 of the DLLCA or any contractual rights pursuant to the operating agreement of the Company; provided, that such waiver shall not constitute a waiver of rights of exculpation, indemnification and advancement of expenses addressed in Section 8.05.
Seller Waiver. Seller hereby waives, and agrees to refrain from exercising, any and all rights Seller may have through the Second Closing Date under the Amended and Restated Registration Rights Agreement, dated as of November 2, 2020, by and among the Company, Seller and OEP SKNA, L.P.
Seller Waiver. Seller may waive compliance on Buyer’s part under of any of the items referred to in ARTICLE 12 by an instrument in writing.
Seller Waiver. (a) Each Seller severally waives any right of pre-emption, right of first offer or other restriction on transfer or any other rights in respect of the Company Shares or any of them conferred on such Seller under the Company Organizational Documents, any shareholders’ agreement relating to the Company or otherwise.
(b) By execution of this Agreement (or a Joinder Agreement), each Seller hereby (i) consents to the (A) entry by the Company into this Agreement and (B) allocation of the consideration for the Company Shares among the Sellers as described in this Section 2 and (ii) ratifies all actions taken by board of directors of the Company in connection with this Agreement and the Transactions.