Examples of Personal Representations in a sentence
The Designated Personal Representations of each Seller shall be accurate in all respects as of the Closing Date as if made on and as of the Closing Date.
The representations and warranties made by such Shareholder in Section 3(a)(i) and Section 3(a)(ii) of the ESOP Purchase Agreement to which such Shareholder is a party are true and correct in all material respects as of the date hereof with the same force and effect as though made on and as of the date hereof, and such representations and warranties are hereby confirmed to CECP and made as part of the Personal Representations and Warranties of such Shareholder hereunder as fully as if set forth herein.
At such time as the aggregate Losses (including Losses arising out of or resulting from Special Representations, Personal Representations or Additional Matters) incurred by Parent, Acquisition Subsidiary and the Surviving Corporation, on one hand, or Losses incurred by the Holders, on the other hand, shall exceed the Basket, such party shall be entitled to receive the full amount of its Losses (and not only that portion which is in excess of the Basket).
Any claim for indemnification pursuant to Section 6.4(a) shall be made by written notice from the MoSys Indemnitee to the Holders’ Agent in accordance with the terms of the Escrow Agreement or pursuant to Section 6.4(b) from the Holders’ Agent or the Virage Group to MoSys in accordance with Section 8.2; provided, however, that any claim in respect of the Personal Representations and Warranties, which are given on a several basis, shall be made by MoSys directly to the particular Vendor.
Indemnification obligations of any Seller may be satisfied by setting off all or any part of any Damages Buyer suffers if the Requisite Sellers in the case of Breaches of Seller's Company Representations, or such Seller in the case of Breaches of Seller's Personal Representations, and Buyer jointly instruct the Escrow Agent under the Escrow Agreement to pay over to Buyer a corresponding amount from the escrowed funds in the Escrow Account credited to the account of such Seller.
The withdrawal of Escrowed Funds (including ----------------- any undistributed interest earned thereon), as provided in Section 2.05(a)(iii), will be the exclusive source of satisfaction for monetary Losses subject to indemnification by the Holders pursuant to this Article IX, except for Losses arising out of or resulting from breaches of Special Representations or Personal Representations.
For the avoidance of doubt, no Seller will be liable for (A) any breach of or inaccuracy in any other Seller’s Personal Representations, (B) any breach of any covenant or agreement of any other Seller set forth in this Agreement, or (C) any fraud committed solely by any other Seller.
FPI not bound by Personal Representations: The Tenderer shall not be entitled to any increase on the quoted rates except as provided under the heading “Financial Bid” or any other rights or claim whatsoever by reason of any representation, explanation or statement or alleged representation, promise or guarantee given or alleged to have been given to him by any person.
At such time as the aggregate Losses (including Losses arising out of or resulting from Special Representation, Personal Representations or Additional Matters) incurred by Parent, Acquisition Subsidiary or the Surviving Corporation, on one hand, or Losses incurred by the Holders, on the other hand, shall exceed the Basket, such party shall be entitled to receive the full amount of its Losses and not only that portion which is in excess of the Basket.