Examples of Promoter Seller in a sentence
The details of the Promoter Seller are as stated hereunder: Sr. No *The difference, if any, in the percentage is due to rounding-off.
Out-of-order execution deals with this problem by executing the instructions out of program order if necessary to execute more instructions over the same period of time.
Upesh Bhavani (PAC 4), has agreed to acquire the entire shareholding of Mr. Pratapsinh Gaekwad (one of the Promoter Seller of Target Company and shareholder of Kanchenjunga Texturisers Private Limited) being 100 (Hundred) equity shares representing 10.00% (Ten Percent) of the voting share capital of Kanchenjunga Texturisers Private Limited through off-market transaction.
Promoter/ Seller to do: The Promoter/ Seller hereby covenant that the Promoter/ Seller or any person claiming under them, shall and will from time to time and at all times hereafter, upon every request and at the cost of the Purchaser/s and/or successors- in-interest of the Purchaser/s, do and execute or cause to be done and executed all such acts, deeds and things for further or more perfectly assuring the title of the Purchaser/s to the Said Apartment.
Khas, vacant, peaceful, satisfactory, acceptable and physical possession of the Said Apartment has been handed over by the Promoter/ Seller to the Purchaser/s, which the Purchaser/s admit, acknowledge and accept.
Post the completion of Offer formalities, the Promoter Seller, shall not hold any Equity Shares of the Target Company, and shall be reclassified to public category in accordance with the provisions of Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 as amended.
If the Purchaser/s let out or sell the Said Apartment, the Purchaser/s shall immediately notify the Promoter/ Seller/ Facility Manager/the Association (upon formation) of the tenant’s/transferee’s address and telephone number.
Neither Promoter Seller nor any Promoter Seller director nominee has any direct or indirect ownership (a) in any business entity with which the Company is affiliated; or (b) in any business entity that competes with the Company.
Provided however, in the event that the settlement of any Claims are pending at the completion this 18 (Eighteen) month period, such monies shall continue to be held in the Retention Escrow Account pending the settlement or resolution of the Relevant Claims, but on any such Relevant Claim being settled, withdrawn or deemed to be withdrawn, there shall be paid to the Promoter Seller Indemnifying Persons the remaining amount in such Retention Escrow Account.
For the avoidance of doubt, the Promoter Seller Indemnifying Persons agree and acknowledge that the Acquirer Indemnified Persons shall be entitled to recourse from the Indemnity Retention Amount notwithstanding that a Claim directly results from any misrepresentation or inaccuracy in, or breach of the Promoter Seller Representations or the Business Representations.