Examples of Related Sellers in a sentence
Purchaser and Seller recognize and agree that the sale of the Property and Closing hereunder are expressly conditioned upon the concurrent closings on the Related Properties by the applicable Related Sellers and Purchaser or an entity or entities to be designated by Purchaser for the purpose of acquiring the Related Properties (each, a “Related Purchaser”).
Each Assignment executed and delivered in connection with any purchase and sale of Contracts will vest in the Agent on behalf of the Buyers all of the Related Seller's right, title and interest in and to such Contracts, any Related Security, any Related Security Documents and the proceeds thereof.
The Escrowed Funds shall be held by Escrow Agent pursuant to an escrow agreement by and between Seller, Related Sellers, Purchaser, Related Purchasers and Escrow Agent in substantially the form attached hereto as Exhibit 29.
Each Contract offered to and/or purchased by the Buyers hereunder, all Related Security Documents and the Related Seller's interest in the Related Security will be, when offered and/or purchased, owned by the Related Seller free and clear of all Liens and rights of others excepting the rights in favor of the Agent and the Buyers created or to be created pursuant to this Agreement.
Each Contract offered to and/or purchased by the Buyers hereunder, all Related Security Agreements and the Related Seller's interest in the Related Security will be, when offered and/or purchased, owned by the Related Seller free and clear of all Liens and rights of others excepting the rights in favor of the Agent and the Buyers created or to be created pursuant to this Agreement.
Seller shall bear all expenses incurred by Seller, the Related Sellers or the Company in connection with the Transaction, including the fees and expenses of any attorneys, accountants, investment bankers, brokers, finders or other intermediaries or other Persons engaged by Seller, the Related Sellers or the Company.
BUYER Buyer hereby agrees to defend, indemnify and hold harmless Seller and the Related Sellers from, against and in respect of any Loss suffered or incurred by Seller and the Related Sellers by reason of (i) a breach of any representation or warranty by Buyer contained in this Agreement, or (ii) the nonfulfillment of any covenant or agreement by Buyer contained in this Agreement, and (iii) all Proceedings incident to any of the foregoing.
On each Purchase Date, the Related Seller will be the owner of all right, title and interest in and to the Contracts to be sold to the Buyers on such Purchase Date, all Related Security Documents and the Related Seller's interest in the Related Security and upon the delivery of the Assignment to the Buyer on such Purchase Date, such ownership interest will be vested in the Buyer.
Subject to the terms and conditions of this Agreement, on the Closing Date, Seller and the Related Sellers shall sell the Shares to Buyer and Buyer shall purchase the Shares from Seller and the Related Sellers.
In addition, Buyer shall deliver to the Related Sellers certificates representing shares of Planar Stock in the following amounts: Xxxxxxxxx X.