Buyer Designee definition

Buyer Designee means one or more Affiliates of Buyer identified to Seller in accordance with Section 2.10 prior to the Closing Date.

Buyer Designee shall have the meaning set forth in Section 1.1.

Buyer Designee means any Affiliate of Buyer designated by Buyer as a nominee partnership interest holder on or prior to the Closing Date.

Examples of Buyer Designee in a sentence

• Notwithstanding the foregoing or anything to the contrary set forth herein, the foregoing shall not apply in the event of Fraud or intentional misrepresentation or to any claims or rights of Buyer, any Buyer Designee, any Affiliate of Buyer or any other Person arising out of Fraud or intentional misrepresentation.

• Without limiting the foregoing, each Party shall comply with all applicable Law in connection with the transfer of the Business Employees to Buyer or a Buyer Designee, including with respect to notice and other procedural requirements.

• Buyer hereby waives compliance by Seller and any Subsidiary with the requirements and provisions of any “bulk-transfer” Laws of any jurisdiction (collectively, the “Bulk Sales Laws”), including Article 6 of the California Uniform Commercial Code, in each case that may otherwise be applicable with respect to the sale of any or all of the Purchased Assets to Buyer or a Buyer Designee.

• Notwithstanding any such assignment or execution of a Collateral Agreement by a Buyer Designee, Buyer shall remain liable for, and any such assignment or execution shall not relieve Buyer of, its obligations hereunder or thereunder.

• On the Closing Date, the Parties shall accomplish all the formalities for the transfer of the Italian Business from Seller or a Subsidiary to Buyer or Buyer Designee, including by entering into the Notarial Deed before the Notary Public, it being understood that such Notarial Deed shall not novate, modify or amend in any manner whatsoever the provisions of this Agreement, which will remain in full force and effect.

More Definitions of Buyer Designee

Buyer Designee has the meaning specified in Section 15.5(b)(ii).

Buyer Designee means each Subsidiary of Buyer designated to purchase any Transferred Interests or Transferred Assets or to assume any Assumed Liabilities, in each case as mutually agreed by Buyer and Seller no later than ten (10) Business Days prior to the Closing Date.

Buyer Designee has the meaning specified in Section 2.2(d).

Buyer Designee has the meaning set forth in Section 10.06.

Buyer Designee has the meaning set forth in Section 4.2(c).

Buyer Designee means any direct or indirect wholly owned subsidiary of Buyer.

Buyer Designee. Any individual that is (a) designated by the Buyer to serve as a Director in accordance with Section 2.1 and (b) eligible to serve as a Director in accordance with Legal Requirements.