Examples of Irish Seller in a sentence
Each of Delaware Seller, Irish Seller and Buyer acknowledge and agree that (i) at no time did Irish Seller cease to be a party to the Repurchase Agreement, and (ii) Irish Seller acknowledges and agrees to all other terms of Amendment No. 2 (except all references to Irish Seller being removed as a Seller under the Master Repurchase Agreement), and all of the terms of Amendment No. 3.
Following the U.S. Closing, U.S. Buyer hereby grants to Irish Seller, a non-exclusive license to use the Intellectual Property solely with respect to the Irish Business and in a manner consistent with the use of the Intellectual Property by Irish Seller immediately prior to the U.S. Closing at the royalty rate of 5% of the sales price.
All of the certificates, opinions, assignments, agreements and other documents required to be delivered by Irish Seller pursuant to Section 2.11 and Section 2.13 shall have been executed and delivered.
The sales price is defined as the price Irish Seller receives from the sale of products to Irish Sellers’ customers/distributors net of VAT.
The aggregate consideration payable to the Irish Seller in the Irish Redemption shall be an amount equal to the Irish Estimated Closing Cash Consideration, with such redemption consideration paid out of the proceeds of the Irish Subscription (payable as set forth in Section 1.04).
Irish Seller is a private limited company duly organized, validly existing and in good standing under the Laws of the jurisdiction of its organization, and has full power and authority and all requisite rights, licenses, permits and franchises to own, lease and operate its assets and to carry on the business in which it is engaged.
Irish Seller is the principal employer for the purposes of each Irish Pension Plan, and no employer other than Irish Seller has ever participated in any Irish Pension Plan.
Buyer or Irish Buyer, as the case may be, if one or more of the conditions to the obligation of U.S. Buyer or Irish Buyer to close as provided in Article IX has not been fulfilled by September 30, 2006, or (z) by either U.S. Seller or Irish Seller, as the case may be, if one or more of the conditions to the obligation of U.S. Seller or Irish Seller to close as provided in Article X has not been fulfilled by September 30, 2006.