Examples of Legal Right in a sentence
Evidence of Legal Right to OccupyIf the applicant owns the property, a copy of title or deed must be provided.
The Buyer shall not, and, to the extent the Buyer has the Legal Right, shall cause the Acquired Companies and any of their Affiliates not to, file any claim for refund of Taxes with respect to the Acquired Company Assets and the Acquired Companies for whole or partial taxable periods on or before the Effective Time.
To the extent they have the Legal Right, the Seller shall, and shall cause the Acquired Companies and their respective officers, employees, consultants, agents, accountants, attorneys and other representatives to, use commercially reasonable efforts to cooperate with the Buyer and the Buyer’s representatives in connection with such investigation and examination.
Prior to the Closing, to the extent it has the Legal Right, the Seller shall not compromise, settle or adjust any amounts payable to the Buyer under clause (y) above, without first obtaining the written consent of the Buyer, which consent shall not be unreasonably withheld or delayed.
More precisely, with respect to the sale of a portion of the Equity Interest in the Company pursuant to this Agreement, the Buyer and the Seller agree to cause the Company (to the extent they have the Legal Right) to elect “the closing of the books” method pursuant to the Regulations of Section 706 of the Code.