Local Sellers definition

Local Sellers means Seller and the Affiliates of Seller, as the case may be, which will be making the transfers of the Local Assets and Local Liabilities.

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Local Sellers has the meaning given in the introductory paragraph of this Agreement.

Local Sellers has the meaning given in Recital (A);

Examples of Local Sellers in a sentence

On the Effective Date, Buyer and Buyer Guarantor shall provide Oronite and the Local Sellers with a guaranty from Buyer Guarantor, in a form acceptable to Oronite and the Local Sellers’ Representative (the “Buyer Guaranty”), which shall be substantially in the form set out in Exhibit M.
Praxair will procure, subject to the terms and conditions of this Agreement, the sale and transfer with effect as from Closing from the relevant Local Sellers to Purchaser and/or Designated Purchasers in the proportions (if any) as set out in Schedule 1, of all the issued shares in the capital of the DivestCos held by the Local Sellers (the "DivestCo Shares").
Seller shall have executed and delivered or caused the Local Sellers to execute and deliver, all Local Asset Transfer Agreements that Seller and Purchaser have agreed to execute and deliver pursuant to Section 2.1(c) of this Agreement.
Purchaser shall indemnify and hold harmless Seller and the Local Sellers with respect to any liability under WARN or other applicable law arising from the actions (or inactions) of Purchaser or its Affiliates after the Closing Date.
Local Sellers shall remove the rejected material within two weeks.
Seller shall have executed and delivered, and shall have caused the appropriate Local Sellers to execute and deliver, the Ancillary Agreements in substantially the forms attached hereto.
Buyer acknowledges that the elections, releases and disclaimer included in this Section 2.6(D) shall be exclusive to Oronite and shall not extend to any Local Sellers.
Except as otherwise set forth in Schedule 3.14, there are no material defaults by Seller or the Local Sellers and, to Seller's Knowledge, there are no material defaults by other parties under any Material Contract which defaults have not been cured or waived.
Since the date of the Reference Balance Sheet, none of the Transferred Subsidiary or Seller or Local Sellers has affirmatively waived or released or, to the Knowledge of Seller, compromised any material right or claim (or series of related material rights and claims) that arise out of, relate to, or in connection with the Business, the Assets or the Transferred Employees.
The Local Sellers collectively own 552,198 common shares of the Company’s capital stock, and Oronite owns 379,436 common shares of the Company’s capital stock.

More Definitions of Local Sellers

Local Sellers means, collectively, the Local Asset Sellers, the Local Company Sellers and the Local Joint Venture Sellers.

Local Sellers means Tornier Australia, Tornier Ireland, Tornier Italy, Tornier Japan, Tornier Netherlands, Tornier Switzerland and Tornier US.

Local Sellers has the meaning given in Schedule 1;