Examples of Purchaser Releasee in a sentence
Purchaser shall, and shall cause its Group, including the Subsidiaries to, refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting, or causing to be commenced any legal proceeding of any kind against a Purchaser Releasee based upon any Released Matter.
Each Purchaser Releasee to whom this Section 7.19 applies shall be a third party beneficiary of this Section 7.19.
Each Party, for itself, and on behalf of its Affiliates, hereby irrevocably covenants to refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced or voluntarily aiding, any proceeding of any kind against any Purchaser Releasee or Seller Releasee, based upon any matter purported to be released hereby.
Notwithstanding anything contained in this Section 9.7 to the contrary, the releases set forth in this Section 9.7 shall not release, acquit or discharge, or otherwise limit or affect, the obligations of Purchaser or any other Purchaser Releasee under this Agreement or any Transaction Document.
If any Borrower Releasor violates the foregoing covenant, each Borrower Releasor agrees, jointly and severally, to pay, in addition to such other damages as any Purchaser Releasee may sustain as a result of such violation, all reasonable and documented attorneys’ fees and costs incurred by such Purchaser Releasee as a result of such violation.
Purchaser covenants and agrees that no Purchaser Releasor shall, nor shall any Purchaser Releasor cause its respective Affiliates and Subsidiaries to, assert any Purchaser Released Claim against any Purchaser Releasee.
Seller covenants and agrees not to, and shall cause each Seller Releasor not to, assert any such claim against any Purchaser Releasee.
Without limiting the effectiveness of the foregoing, upon written request from any Purchaser Releasee or Seller Releasee made promptly after the Closing, as applicable, Seller or Purchaser shall confirm (or cause their applicable controlled Affiliates to confirm) in writing the scope of the foregoing release.
Seller hereby irrevocably covenants to refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced, any Proceeding of any kind against any Purchaser Releasee, based upon any matter purported to be released hereby.
Each of the Borrower Releasors hereby unconditionally and irrevocably agrees that it will not xxx any Purchaser Releasee on the basis of any Lender Released Matter.