Common use of Shareholder Obligation Clause in Contracts

Shareholder Obligation. The Shareholders hereby agree that the Shareholders will be jointly and severally liable for all obligations of Seller under the Purchase Price adjustments set forth in this Section 2.3 of this Agreement including, but not limited to, the obligation to replenish the Escrow Amount.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc)

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Shareholder Obligation. The Shareholders hereby agree that the Shareholders will be jointly and severally liable for all obligations of Seller under -15- the Purchase Price adjustments set forth in this Section 2.3 of this Agreement including, but not limited to, the obligation to replenish the Escrow Amount.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imagemax Inc)

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Shareholder Obligation. The Shareholders Shareholder hereby agree agrees that the Shareholders he will be jointly and severally liable for all obligations of the Seller under the Purchase Price adjustments set forth in this Section 2.3 of this Agreement 2.2 including, but not limited to, the obligation to replenish the Escrow Amount.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imagemax Inc)

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