Examples of Seller Guarantees in a sentence
Purchaser agrees to continue to use its reasonable best efforts after the Closing to relieve the Asset Seller Entities, Xxxxxx and their respective Affiliates of all such Seller Guarantees.
ACT 173 General Update/Discussion on Implementation To Delay or Not to Delay Summary of positions on both side Discussion and any VPA Action Jay gave an overview of ACT 173 and some options for using the data.
At the end of each month during the Commercial Operations Delay Period, Buyer shall invoice Seller for such cost of cover if any incurred during such month, and Seller shall pay such amount within ten (10) days of Buyer's invoice therefor, and if Seller fails to timely pay such amount, Buyer may draw on the Seller Guarantees for such amount.
Notwithstanding anything to the contrary herein, the Parties acknowledge and agree that until the date that is ninety (90) days after the Closing Date, Seller and its Affiliates shall not terminate, obtain release of or otherwise limit its Liability under any and all outstanding Seller Guarantees.
Any such letter of credit, guarantee, performance bond or other financial assurance obligation shall not expire, terminate or be cancelled until the Seller and its Affiliates are irrevocably and unconditionally fully released from the entire potential liability with respect to all Approved Seller Guarantees.