Restricted Sellers definition
Examples of Restricted Sellers in a sentence
Accordingly, each of the Restricted Sellers agrees that if such Restricted Seller breaches the covenants contained in this Section 6.2, in addition to any other remedy that may be available at Law or in equity, the Buyer shall be entitled to specific performance and injunctive relief, without posting bond or other security.
The Restricted Sellers acknowledge that any breach or threatened breach by any Restricted Seller of any provision of Section 9.1 or 9.2 will cause continuing and irreparable injury to the Purchaser and its Affiliates for which monetary damages would not be an adequate remedy.
In respect of Xxxxxx (Xxxx) Xxxxxxxxx and Xxxxx Xxxxx Xxxxx, the obligations in this clause 13.2 shall apply to them in their personal capacities only, and such Restricted Sellers shall not be required to procure any other person does not hire, employ or engage any Senior Employee where such Restricted Sellers have not been part of the process of hiring, employing or engaging a Senior Employee.
The Restricted Sellers acknowledge that the Purchaser and its Affiliates may provide a copy of this Article 9 of this Agreement or any portion of this Agreement to any Person whom the Purchaser or its Affiliates believe in good faith is acting with, through or on behalf of any of the Restricted Sellers and that may, directly or indirectly, breach or threaten to breach any of the provisions of Section 9.1 or 9.2.
If the Company and the Restricted Sellers do not obtain an assignment of the License Agreement prior to the Closing Date, the Restricted Sellers will use their commercially reasonable efforts to assist the Buyer in such manner as may reasonably be requested by the Buyer for the purpose of obtaining such consent promptly after the Closing Date.