Common use of Sellers’ Release Clause in Contracts

Sellers’ Release. Effective as of the Second Closing, each Seller hereby releases, remises and forever discharges any and all rights and claims that it has had, now has or might now have against the Acquired Companies except for (a) rights and claims arising from or in connection with this Agreement, and (b) rights and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such Seller pursuant to Section 10.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nukkleus Inc.)

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Sellers’ Release. Effective as of the Second Closing, each Seller hereby releases, remises and forever discharges any and all rights and claims that it has had, now has or might now have against the Acquired Companies except for (a) rights and claims arising from or in connection with this AgreementAgreement and the Ancillary Agreements, and (b) rights and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such Seller pursuant to Section 10.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vringo Inc)

Sellers’ Release. Effective as of the Second Closing, each Seller hereby releases, remises and forever discharges any and all rights and claims that it has had, now has or might now have against the Acquired Companies Company except for (a) rights and claims arising from or in connection with this AgreementAgreement and the Ancillary Agreements, and (b) rights and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such Seller pursuant to Section 10.210.

Appears in 1 contract

Samples: Stock Purchase Agreement (FORM Holdings Corp.)

Sellers’ Release. Effective as of the Second Closing, each Seller hereby releases, remises and forever discharges any and all rights and claims that it has had, now has or might now have against the Acquired Companies Company except for (a) rights and claims arising from or in connection with this Agreement, Agreement or any Ancillary Agreements and (b) rights and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such Seller pursuant to Section 10.211.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sapient Corp)

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Sellers’ Release. Effective as of the Second Closing, each the Seller hereby releases, remises and forever discharges any and all rights and claims that it has had, now has or might now have against the Acquired Companies except for (a) rights and claims arising from or in connection with this Agreement, Agreement and the Ancillary Agreements and (b) rights and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such the Seller pursuant to Section 10.2.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (I2 Technologies Inc)

Sellers’ Release. Effective as of the Second Closing, each Seller Seller, on behalf of itself and each of its members and managers, and each Executive and Individual Seller, hereby releases, remises and forever discharges any and all rights and claims that he, she or it has had, now has or might now have against the any Acquired Companies Company except for (a) rights and claims arising from or in connection with this Agreement, Agreement and (b) rights the transactions and claims arising from or in connection with claims asserted against such Seller by third parties for which the Buyer Indemnified Persons are not entitled to indemnification by such Seller pursuant to Section 10.2agreements contemplated hereby.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (RCS Capital Corp)

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