Common use of SELLERS' UNDERTAKINGS; SETTLEMENT Clause in Contracts

SELLERS' UNDERTAKINGS; SETTLEMENT. 7.1 With respect to the purchase and acquisition of the Sellers' Shares by the Purchaser, the Sellers are prepared to accept the shareholders' resolutions passed at the EGM and the AGM and to acknowledge the legal effectiveness of the Domination Agreement. Therefore, the Sellers irrevocably undertake vis-a-vis the Purchaser and the Company (echter Vertrag zugunsten Dritter) to take the following actions without delay and hereby irrevocably makes the following declarations, as the case may be:

Appears in 4 contracts

Samples: Share Purchase and Transfer Agreement (Celanese CORP), Share Purchase and Transfer Agreement (Celanese CORP), Share Purchase and Transfer Agreement (Celanese Europe Holding GMBH & Co. Kg)

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