Examples of Affiliate Seller in a sentence
Except for Centerview Partners LLC, whose fees will be paid by ResCap in the Bankruptcy Case, no Person has acted, directly or indirectly, as a broker, finder or financial advisor for Sellers or any Affiliate Seller, or will be entitled to any brokers’ or finders’ fee or any other commission or similar fee from Sellers or any Affiliate Seller, in connection with the transactions contemplated by this Agreement and no Person is entitled to any fee or commission or like payment in respect thereof.
Each Employee Benefit Plan can be amended or terminated by Buyer or any of Buyer’s subsidiaries at any time (whether before or after the Closing) and without any penalty, liability or expense to Buyer or any of its subsidiaries or Affiliates, any Buyer ERISA Affiliate, Seller or any of its Affiliates, or such Employee Benefit Plan (including, without limitation, any surrender charge, market rate adjustment or other early termination charge or penalty).
If any Seller or Purchaser, in its reasonable discretion, determines after the Closing that any Books and Records or other materials or assets constituting Purchased Assets are still in the possession of such Seller or any Affiliate Seller, such Seller shall, or shall cause such Affiliate Seller to, promptly deliver them to Purchaser at no additional cost or expense to Purchaser.
In the event Seller sells or otherwise transfers its interest in a Project that has commenced Commercial Operation through a transaction subject to Section 9.01 with any person other than a Affiliate, Seller shall be required to assign the rights and obligations under this Agreement associated with the relevant Project and Project Energy to the acquiror of the Project.
No past, present or future director, officer, employee, incorporator, member, partner, individual stockholder, agent, attorney or representative of Guarantor, Purchaser or Seller or any of their respective Affiliates (other than, in the case of the Selling Affiliate, Seller) shall have any liability for any Liabilities of Guarantor, Purchaser or Seller or any of their respective Affiliates under this Agreement or for any claim based on, in respect of or arising out of the transactions contemplated hereby.
With respect to the Contracts pertaining to any Seller Software entered into by or binding upon Seller or any Affiliate, Seller and such Affiliate have licensed the Seller Software and not sold any thereof, thus retaining all ownership of the underlying software, and no exclusive license, nor any other license other than non-exclusive licenses to end-users in the Ordinary Course of Business and on customary terms and conditions, has been granted in respect to any of the Products or the Seller Software.
In the case of any damage to or destruction of the Purchased Assets occurring prior to Closing that is covered by insurance maintained by Seller or Affiliate, Seller shall deliver all insurance proceeds realized therefrom to Purchaser at Closing or as soon thereafter as collected by Seller or such Subsidiary or Affiliate.
Insofar as promotional materials are concerned, placement on the covers thereof of a prominent legend negating affiliation with Seller or any Affiliate Seller shall be deemed in compliance with the requirements of this Section with respect to materials on hand as of the Closing Date which are used or distributed by Purchaser for a period of no more than three months following the Closing Date.
In the event that any such employees accept employment with Buyer or its Affiliate, Seller agrees to cooperate in the transition of such employees to Buyer or such Affiliate of Buyer, including providing Buyer or such Affiliate of Buyer with access to all personnel records and other information with respect to such employees.
For each delivery hereunder for which the source of Fine Papers is a non-domestic manufacturing facility of Seller's Affiliate, Seller shall execute and provide to Buyer, not more than 30 days after such delivery, Customs Form 331 or such other documentation as may be required to authorize the payment directly to Buyer of duty drawbacks that may be applicable for such deliveries ("Certificate of Delivery").