Examples of Seller GP in a sentence
The Seller OP Units that are owned by Seller General Partner immediately prior to the Effective Time (collectively, the "Seller GP Interest") shall, at the Effective Time, by virtue of the Partnership Merger and without any action on the part of Seller General Partner, be converted into a 1% general partnership interest in the Surviving Operating Partnership.
The execution and delivery of this Agreement and each Ancillary Agreement to which Seller is a party and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by the Board of Directors of Seller GP, as the general partner of Seller.
Seller GP may assign its rights, but not its obligations, hereunder, without the Consent of any Party hereto to any Affiliate of Seller GP, any successor thereof and to any other person or entity which acquires all or substantially all of the assets of Seller GP.
The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary action on the part of the Seller and the Seller GP and, except as contemplated by Section 2.4, no other action is necessary on the part of the Seller or the Seller GP for the execution, delivery and performance by the Seller (acting through the Seller GP) of this Agreement and the consummation of the transactions contemplated hereby.
Seller hereby indemnifies and holds Purchaser harmless from and against any and all claims, costs, penalties, damages, losses, liabilities and expenses (including reasonable attorneys’ fees) that may at any time be incurred by Purchaser, GP or Ground Lessee as a result of obligations of Seller, GP or Ground Lessee and/or acts, omissions or occurrences of Seller, GP or Ground Lessee, in each case which occur, accrue or arise prior to the Closing Date.
Notwithstanding any other provision in this Agreement to the contrary, this Agreement shall terminate and be of no further force and effect solely with respect to any Seller GP Executive following the date on which such Seller GP Executive is no longer an officer of Seller GP or any of its Affiliates.
The Seller (acting through the Seller GP) has the requisite power and authority to execute and deliver this Agreement and to perform its obligations hereunder and consummate the transactions contemplated hereby.
This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors, permitted assigns and legal representatives, including any successor to the Company or Seller GP by merger, purchase or otherwise or any acquirer of all or substantially all of the Company or Seller GP, as applicable.
Whenever this Agreement requires the Seller or the Controlling Partnership to take, or not take, any action, such requirement shall be deemed to include an undertaking on the part of the Seller GP or the Controlling Partnership GP, as the case may be, to cause the Seller or the Partnership to take, or not take, such action.
Xxxxxxxx Tobacco B.V., a Dutch private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) (“Seller BV,” and collectively with SFNTC and Seller GP, the “Sellers” and, each individually, a “Seller”); and JT International Holding BV, a Dutch private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) (“Buyer”).