Seller Designee definition

Seller Designee means any Affiliate of Seller designated by Seller as a “Seller Party” hereunder.
Seller Designee means Xxxx or one of its Subsidiaries designated by notice to Buyer prior to the Closing.
Seller Designee has the meaning set forth in Section 5.3(b).

Examples of Seller Designee in a sentence

  • Each Seller agrees that the issuance of the Seller Shares and the Seller Note to the Seller Designee constitutes payment to such Seller of any amount represented by such Seller Shares or Seller Note to which such Seller may be entitled in respect of the Acquired Assets conveyed by such Seller pursuant to this Agreement.

  • Each of the Seller Designee and each Seller has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Seller Shares and the Seller Note.

  • Assuming the accuracy of the representations and warranties made by Sellers and Seller Designee in Section 5.20 through Section 5.23, Buyer is entitled to issue to the Seller Shares and the Seller Note to the Seller Designee pursuant to an exemption from registration under Section 4(2) of the Securities Act and/or Regulation D promulgated thereunder and under similar exemptions from registration under applicable state securities Laws.

  • Each Seller agrees that Buyer and Buyer's Lender may deal exclusively with the Seller Designee with respect to all matters related to the Seller Shares and the Seller Note without seeking any consent, approval or confirmation from or giving any notice to such Seller.

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More Definitions of Seller Designee

Seller Designee means the one (1) Person nominated by Seller to serve on the Board of Directors of ListCo.
Seller Designee. Any individual that is (a) designated by the Seller to serve as a Director in accordance with Section 2.1 and (b) eligible to serve as a Director in accordance with Legal Requirements.
Seller Designee means any Affiliate of the Seller designated by the Seller as a “Seller Party” hereunder.
Seller Designee. As defined in the Shareholders Agreement.
Seller Designee means a Person that has been designated in a letter agreement between the Seller and the Buyer, including the Persons receiving Cash Consideration or Stock Consideration as set forth in Section 3.2.
Seller Designee has the meaning specified in Section 15.5(b)(i).
Seller Designee has the meaning set forth in the recitals of this Agreement.