Examples of Lead Seller in a sentence
It is clarified that the Purchasers shall not give directions to the Lead Seller to exercise the voting rights in relation to Kindle Restricted Shares which is contrary to the procurement obligations of the Purchasers under Clause 8, Clause 9 and Clause 10B.
Kindle shall be entitled to repay, all of the loans (including accrued interest) granted by the Lead Seller to Kindle (if any) for an aggregate consideration of INR I (Indian Rupee One), promptly and in any event within 15 (Fifteen) Business Days of the occurrence of the RSL Land Failure Event and no further obligations or payments shall be due or payable in this regard.
The Purchaser shall be deemed to have discharged its obligations under limb (i) of this Clause 15.6 where it has provided to the Lead Seller the information it is required to provide under limb (i) to the applicable Seller, member of the Seller Group or Seller Affiliate.
Each Seller shall not be liable for any Claim arising out of an event, matter, circumstance, act or omission which precedes the date on which the Lead Seller acquired the relevant Group Company, its business (or any part thereof) or any of its assets.
The Purchaser shall keep the Lead Seller (and if applicable, the Relevant Seller(s)) fully informed of the progress of such recovery and shall provide copies of all relevant correspondence and documentation.
When the UML event in the queue is handled by the state machine, it fires the transitions that it triggers.
The Lead Seller shall, by no later than [***]following delivery of the Buy-Out Notice to the Purchasers, pay to (i) each Purchaser its Pro Rata Share of the Buy-Out Payment and (ii) the Collateral Agent and each Purchaser, any outstanding Reimbursable Expenses.
The Collateral Agent and the Purchasers may regard any notice or other communication pursuant to any Transaction Document from the Lead Seller as a notice or communication from each Seller Party.
Such Revenue Report shall be certified by an officer of the Lead Seller and an officer of BxxxxxXxx as true, correct and complete in all material respects and shall include a certification by an officer of the Lead Seller and an officer of BridgeBio, to the extent applicable, as to the occurrence of the 2025 Milestone or the 2026 Milestone.
Subject in all respects to Section 12.14, each Seller Party hereby designates the Lead Seller to receive the Investment Amount for the Lead Seller’s own account and to make all payments under this Agreement for the Lead Seller’s own account.