Examples of Seller Liabilities in a sentence
The relevant portion of § 8.3 deals specifically with contracts to be included in the Acquired RECI Assets, not Specified Seller Liabilities.
The Company and the Purchaser hereby acknowledge that they are obtaining the Conveyed Seller Assets and assuming the Assumed Seller Liabilities and that from and after the Closing, shall pay, discharge and perform all liabilities and obligations related thereto promptly when due and hold the Seller harmless with respect thereto.
Following such a Corporate Transaction, the applicable Seller Successor shall for all purposes with respect to Seller Liabilities be treated as Seller pursuant to the terms and conditions thereof (including, for the avoidance of doubt, for purposes of all indemnification obligations and other post-Closing covenants of Seller under this Agreement and the other Transaction Documents).
Seller shall assume (or cause one of its Subsidiaries to Assume), without any consideration in exchange therefor, all of the Seller Liabilities.
The applicant will be required to pay the cost of any associated public meetings as outlined in Schedule ‘A’ of this Bylaw.