Seller Election Notice definition

Seller Election Notice shall have the meaning given in Section 8.1(c).
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Seller Election Notice. Section 7.04(a)
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Seller Election Notice. Section 6.04 “Seller Knowledge Individuals” Section 7.02
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Examples of Seller Election Notice in a sentence

  • Purchaser shall make its election between clauses (i) and (ii) of the second preceding sentence by written notice to Seller given not later than the fifth (5th) Business Day after the giving of the Seller Election Notice by Seller to Purchaser of Seller’s determination not to cure any Objection(s).

  • If the Seller Election Notice states that Seller has determined not to cure any Objections, Purchaser shall have the right to elect either (i) to accept the title as it then is, without any reduction of the Purchase Price or any credit or allowance on account thereof or any other claim against Seller, or (ii) to terminate this Agreement.

  • Seller Election Notice" shall have the meaning given in Section 8.1(c).

  • Within five (5) Business Days of the giving by Purchaser of an Objection Notice, Seller shall notify Purchaser in writing as to whether or not Seller elects to remove the Objections set forth in such notice (such notice, a "Seller Election Notice").

  • If the Seller Election Notice states that Seller has determined not to remove any Objections (or if Seller is deemed to have elected not to remove the Objections), Purchaser shall have the right to elect either (i) to accept such title as Seller is able to convey, without any reduction of the Purchase Price or any credit or allowance on account thereof or any other claim against Seller, or (ii) to terminate this Agreement.


More Definitions of Seller Election Notice

Seller Election Notice. Section 6.04 “Seller Knowledge Individuals” Section 7.02 “Seller Title Commitment” Section 6.01
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Related to Seller Election Notice

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Acquisition Notice has the meaning set forth in Section 2.5(a).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Rollover Notice shall have the meaning ascribed thereto in Section 5.2.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Put Notice has the meaning provided in Section 3.4.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).