Common use of Shareholder Obligations Clause in Contracts

Shareholder Obligations. The liability of Shareholders hereunder shall be joint and several with Seller and with the other Shareholders. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Aberdeen Idaho Mining Co), Asset Purchase Agreement (Age Research Inc)

AutoNDA by SimpleDocs

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders Shareholder jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Viva International Inc), Asset Purchase Agreement (Jordan 1 Holdings Co)

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (National Coal Corp)

Shareholder Obligations. The Subject to Section 11.11, the liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11XI.

Appears in 1 contract

Samples: Asset Purchase Agreement (Winnebago Industries Inc)

Shareholder Obligations. The liability of Shareholders the Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally the Shareholder shall undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders the Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 118.

Appears in 1 contract

Samples: Asset Purchase Agreement (Allis Chalmers Energy Inc.)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.limiting

Appears in 1 contract

Samples: General Provisions

Shareholder Obligations. The liability of Shareholders hereunder shall be joint and several with Seller and with the other Shareholders. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 1112.

Appears in 1 contract

Samples: Asset Purchase Agreement (MotivNation, Inc.)

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders Shareholder jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 118.

Appears in 1 contract

Samples: Asset Purchase Agreement (Action Products International Inc)

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11Termination Fee payment obligations under Section 5.04(e).

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other Shareholders. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rollins Inc)

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders Shareholder jointly and severally undertake undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (Big Dog Holdings Inc)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 116.

Appears in 1 contract

Samples: Asset Purchase Agreement (cbdMD, Inc.)

Shareholder Obligations. The liability of Shareholders each Principal Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersPrincipal Shareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Principal Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Principal Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (Findwhat Com Inc)

Shareholder Obligations. The liability of Shareholders the Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (MBI Financial, Inc.)

AutoNDA by SimpleDocs

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders Shareholder jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aberdeen Idaho Mining Co)

Shareholder Obligations. The liability of Shareholders the Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake the Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders the Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 119.

Appears in 1 contract

Samples: Asset Purchase Agreement (Electric Fuel Corp)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders Shareholder jointly and severally undertake undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 119.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Healthchoice Inc /Ny/)

Shareholder Obligations. The liability of Shareholders the Shareholder hereunder ------------------------ shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders the Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.6. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Appears in 1 contract

Samples: Asset Purchase Agreement (Gsi Group Inc)

Shareholder Obligations. The Except as set forth in Section 6.5, the liability of Shareholders each Shareholder hereunder shall be joint and several with each Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by any Seller, Shareholders the Shareholders, jointly and severally undertake to cause the Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, except as set forth in Section 6.5, it is understood that the Shareholders shall be jointly and severally liable with Seller the Sellers for the indemnities set forth in Article 11ARTICLE 6.

Appears in 1 contract

Samples: Asset Purchase Agreement (API Technologies Corp.)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller Xxxxxx and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 11.

Appears in 1 contract

Samples: Asset Purchase Agreement

Shareholder Obligations. The liability of Shareholders Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersSeller. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake Shareholder undertakes to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders Shareholder shall be jointly and severally liable with Seller for the indemnities set forth in Article 11, subject to the limitations set forth therein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intricon Corp)

Shareholder Obligations. The liability of Shareholders each Shareholder hereunder shall be joint and several with Seller and with the other ShareholdersShareholder. Where in this Agreement provision is made for any action to be taken or not taken by Seller, Shareholders jointly and severally undertake to cause Seller to take or not take such action, as the case may be. Without limiting the generality of the foregoing, Shareholders shall be jointly and severally liable with Seller for the indemnities set forth in Article 115.

Appears in 1 contract

Samples: Asset Purchase Agreement (Widepoint Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!