Common use of Sellers’ Release Clause in Contracts

Sellers’ Release. Effective as of the 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 Company except for (a) rights and claims arising from or in connection with this 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 Seller pursuant to Section 10.

Appears in 1 contract

Samples: Stock Purchase Agreement (FORM Holdings Corp.)

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Sellers’ Release. Effective as of the 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 Company except for (a) rights and claims arising from or in connection with this Agreement and the or any Ancillary Agreements, 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 1011.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sapient Corp)

Sellers’ Release. Effective as of the 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 Company Acquired Companies except for (a) rights and claims arising from or in connection with this Agreement and the Ancillary Agreements, 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 1010.2.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (I2 Technologies 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 Company Acquired Companies except for (a) rights and claims arising from or in connection with this Agreement and the Ancillary AgreementsAgreement, 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 1010.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nukkleus Inc.)

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Sellers’ Release. Effective as of the 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 Company Acquired Companies except for (a) rights and claims arising from or in connection with this 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 Seller pursuant to Section 1010.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vringo Inc)

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