Examples of Acquiring Party in a sentence
The Acquiring Party will notify the other Party as to whether it intends to select option (i), (ii), or (iii) above within [***] following the closing of such acquisition.
Should Discloser exercise said option, the Acquiring Party shall immediately deliver to Discloser at no additional cost to Discloser (beyond the Acquisition Cost), an assignment of any and all of that interest in the API with no additional burdens placed on that interest by the Acquiring Party.
At the closing of any sale of a membership interest pursuant to Section 8.1, 8.2 or 8.3, the Selling Party shall assign and deliver the membership interest to the Acquiring Party free and clear of all security interests, liens or other encumbrances.
The drafter should give careful consideration to what payment terms are appropriate in a specific transaction or relationship.] Any transfer or similar taxes involved in such sale shall be paid by the Selling Party, and the Selling Party shall provide the Acquiring Party with such evidence of the Selling Party’s authority to sell hereunder and such additional instruments as the Acquiring Party may reasonably request.
The Acquiring Party will keep the other Party reasonably informed of its efforts and progress in effecting such divesture or termination until the Acquiring Party completes the same.