Examples of Main Sellers in a sentence
Such Local Sale Agreements shall promptly be negotiated in good faith between the Main Sellers and the Purchaser.
Between the date hereof and the Closing Date, the Main Sellers hereby agree that they shall use their reasonable best efforts to cause each Other Seller that is not a signatory to this Agreement as of the date hereof to execute a counterpart to this Agreement as soon as practicable, agreeing to be bound as a Party under this Agreement.
The Main Sellers shall cooperate with the Purchaser and shall provide such information as may be reasonably requested in connection with such review.
On or before January 15, 2010 the Purchaser may by written notice to the Main Sellers, modify the lists of Designated Other Vendor Contracts and Excluded Other Vendor Contracts for all purposes hereunder.
Following the Closing, the Purchaser shall provide the Main Sellers and their representatives access to the records and employees of the Business to the extent relevant for the preparation of the Closing Statement and shall cause the employees of the Business to cooperate with the Main Sellers in connection with their review of the Closing Statement.
The representations and warranties of the Main Sellers pursuant to ARTICLE VII hereof and the covenants set forth in ARTICLE IX hereof shall be true and correct as of the Initial Closing Date.
On the Initial Closing Date, Purchaser shall provide the Stock Consideration by causing the delivery of restricted stock agreements to the Main Sellers providing for (a) an issuance to Preipo in the amount of 226,477 shares of restricted stock, and (b) an issuance to RP in the amount of 74,598 shares of restricted stock.
The Main Sellers shall, and shall, to the extent feasible, cause the Companies to, cooperate with Purchaser in connection with the smooth transition of the Business to Purchaser.
The operation and use of the Information Systems, and the conduct of the Business based thereon, does not infringe and is consistent with all rights owned or held by any other Person (in particular software vendors), and there is no pending or threatened claim or litigation against any of the Companies, Main Sellers or their respective Affiliates relating thereto.
The forfeitable portion of the Stock Consideration issued pursuant to the Restricted Stock Agreements shall serve as security for the indemnification obligations of the Main Sellers pursuant to Sections 12.1(a), 12.1(b) and 12.1(c) hereof and any indemnification obligations of the Principals hereunder.