Seller Designee definition

Seller Designee means any Affiliate of Seller designated by Seller as a “Seller Party” hereunder.

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Seller Designee has the meaning set forth in the recitals of this Agreement.

Seller Designee. As defined in the Shareholders Agreement.

Examples of Seller Designee in a sentence

Each of the Seller Designee and each Seller acknowledges that it can bear the economic risk and lack of liquidity of its investment or beneficial interest in the Seller Shares and the Seller Note.
Each of the Seller Designee and each Seller is an "accredited investor" within the meaning of Rule 501 of Regulation D promulgated under the Securities Act.
Each of the Sellers hereby appoints the Seller Designee as its agent and representative for the purpose of holding such Seller's rights and interests in the Seller Shares and Seller Note and exercising all of the rights and performing all of the obligations of the record owner of the Seller Shares and holder of the Seller Note.
The Seller Designee and the Sellers have no present intention of selling, granting any participation in or otherwise distributing the Seller Shares or the Seller Note; provided, however, that notwithstanding the foregoing, the Seller Designee may sell the Seller Shares as permitted under the Share Ownership Agreement and the Seller Note as permitted therein.
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.

More Definitions of Seller Designee

Seller Designee has the meaning set forth in Section 5.3(b).

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 the one (1) Person nominated by Seller to serve on the Board of Directors of ListCo.

Seller Designee has the meaning specified in Section 15.5(b)(i).

Seller Designee means ▇▇▇▇ or one of its Subsidiaries designated by notice to Buyer prior to the Closing.

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 set forth in Section 2.1(a).