Common use of The Sellers Clause in Contracts

The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "Several" obligation of such Sellers. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of Sellers in Sections 2(A) and 6(h) above concerning the sale of his Shares to Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are the Several obligations of the Sellers. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that each Seller will be responsible for the entirety of any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or liabilities set forth in Section 8 hereof. The representations and warranties of the Sellers in SECTION 4 above concerning Target are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cimnet Inc/Pa)

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The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "SeveralSEVERAL" obligation of such Sellersthat Seller. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of the Sellers in Sections 2(A) and 6(hSection 2(a) above concerning the sale of his or her Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are the Several obligations of the Sellers. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that each Seller will be responsible for his or her pro-rata Share of the entirety of any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or liabilities set forth in Section 8 hereofthereof. The representations and warranties of the Sellers in SECTION Section 4 above concerning Target the Targets are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Corestaff Inc)

The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "SeveralSEVERAL" obligation of such Sellersthat Seller. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of the Sellers in Sections 2(A) and 6(hSection 2(a) above concerning the sale of his WPC Shares to the Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are the examples of Several obligations of the Sellersobligations. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that that, subject to the limitations set forth in Article 8, each Seller will be responsible for the entirety of any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or liabilities set forth in Section 8 hereofthereof. The representations and warranties of the Sellers in SECTION Section 4 above concerning Target WPC are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Xpedior Inc)

The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "Several" obligation of such Sellers. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of Sellers in Sections 2(A2(a) and 6(h) above concerning the sale of his Shares to Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are the Several obligations of the Sellers. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that each Seller will be responsible for the entirety of any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or of liabilities set forth in Section 8 hereof. The representations and warranties of the Sellers in SECTION Section 4 above concerning Target are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Xpedior Inc)

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The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "SeveralSEVERAL" obligation of such Sellersthat Seller. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of Sellers in Sections 2(A) and 6(h) above concerning the sale of his Shares to Buyer and the representations and warranties of each of the Sellers in Section 3(aSECTION 3(A) above concerning the transaction are the is an example of Several obligations of the Sellersobligations. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that each Seller will be responsible for the entirety of any Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or liabilities set forth in Section 8 hereofthereof. The representations and warranties of the Sellers in SECTION 4 above concerning Target Infinity are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Answerthink Consulting Group Inc)

The Sellers. (i) When any particular Seller (as opposed to the Sellers as a group) makes a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "SeveralSEVERAL" obligation of such Sellers. This means that the particular Seller making the representation, warranty, or covenant will be solely responsible for any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof. The covenants of each of Sellers in Sections 2(A) and 6(hSection 2(a) above concerning the sale of his Shares to Buyer and the representations and warranties of each of the Sellers in Section 3(a) above concerning the transaction are the Several obligations of the Sellers. (ii) When the Sellers as a group make a representation, warranty, or covenant herein, then that representation, warranty, or covenant will be referred to herein as the "JOINT AND SEVERAL" obligation of the Sellers. This means that each Seller will be responsible for the entirety of any Adverse Consequences Buyer may suffer resulting from, arising out of, relating to, in the nature of, or caused by any breach thereof subject, however, to the limitation or liabilities set forth in Section 8 hereofthereof. The representations and warranties of the Sellers in SECTION Section 4 above concerning Target are examples of Joint and Several obligations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Xpedior Inc)

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