Examples of Affected Seller in a sentence
If the Affected Seller elects to proceed under subsection (ii) above, the Allocated Purchase Price for the Damaged Property shall be reduced by an amount equal to the deductible amount under the Affected Seller’s insurance policy.
In the event that the Affected Seller elects to proceed under subsection (i) above, the Affected Seller shall use reasonable efforts to complete such repairs promptly and the Closing Date shall be extended a reasonable time in order to allow for the completion of such repairs but no extension shall be for more than 60 days.
In the event that an Affected Seller elects to proceed under subsection (i) above, the Affected Seller shall use reasonable efforts to complete such repairs promptly and the Closing Date for all Properties (or if mutually agreed to by the Sellers and Purchaser, just the Damaged Property) shall be extended a reasonable time in order to allow for the completion of such repairs but no extension shall be for more than 60 days.
Each of the Parties will cooperate with each other and use (and will cause their respective Subsidiaries and Affiliates to use) reasonable best efforts after the Closing, to take, or to cause to be taken, all actions, and to do, or to cause to be done, all things reasonably necessary to cause the resignation of any such Affected Seller Indemnitee to be effective as soon practicable after the Closing.
Each Affected Seller shall have the right, during the twenty (20) calendar day period commencing from the date of receipt by such Affected Seller of the Forfeiture Notice, to deliver notice to Buyer (the "Dispute Notice") disputing the facts asserted by Company in its Forfeiture Notice; if any Affected Seller delivers a Dispute Notice, all Affected Sellers shall be deemed to have delivered a Dispute Notice.