Seller B definition
Examples of Seller B in a sentence
As of the Purchase Date, Seller is not insolvent within the meaning of 11 U.S.C. Section 101(32) or any successor provision thereof and the transfer and sale of the Purchased Assets pursuant hereto and the obligation to repurchase such Purchased Asset (A) will not cause the liabilities of Seller to exceed the assets of Seller, (B) will not result in Seller having unreasonably small capital, and (C) will not result in debts that would be beyond Seller’s ability to pay as the same mature.
In the case of Seller B, such Seller’s jurisdiction of organization is Maryland.
For a period of 90 days after the Closing, Buyer agrees to xxxx Tenants of the Property for all past due rents that are accrued but unpaid as of the Closing; however, (A) Buyer shall not be obligated to incur any out-of-pocket expenses (unless paid by Seller), (B) Buyer may deduct any of its reasonable costs of collection from any amounts due Seller, and (C) under any circumstance, Buyer shall not be obligated to file any legal action or terminate any Tenant Lease.
The measure (sales price) subject to sales tax is $70 which is made up of the $20 in consideration received from the sale of the voucher and the additional $50 paid in cash by the purchaser directly to Seller B.
XX Xxxxxxx, a PRC citizen, residing now at Xx. 000, Xxxxx 00, Xxxxxx Xxxxxxx, Xxxxxxx District, Maanshan Municipality, Anhui Province, and her ID number is 000000000000000000 (hereinafter referred to as "Seller B").