Seller Obligation definition

Seller Obligation means any representation, warranty or undertaking to indemnify given by the Seller to the Purchaser under this Agreement;
Seller Obligation any warranty or undertaking to indemnify (including any covenant to pay pursuant to the Tax Deed) given by the Seller to the Purchaser under this Agreement;
Seller Obligation means any covenant, requirement and/or obligation imposed on Seller pursuant to this Agreement.

Examples of Seller Obligation in a sentence

  • With respect to any matter constituting breach of a Seller Obligation, Purchaser shall first seek any available recovery under any insurance policies, service contracts and Leases prior to seeking recovery from Seller, and Seller shall not be liable to Purchaser if Purchaser’s claim is satisfied from such insurance policies, service contracts or Leases.

  • Seller Parent hereby guarantees that the Guaranteed Seller Obligation will be paid, strictly in accordance with the terms of this Agreement.

  • If Seller shall default in the due and punctual performance of any Seller Obligation, including the full and timely payment of any amount due and payable pursuant to any Seller Obligation, Seller Guarantor will forthwith perform or cause to be performed such Seller Obligation and will forthwith make full payment of any amount due with respect thereto at its sole cost and expense.

  • Perhaps surprisingly, the overall proportion of workers in Learning organisations appears to have decreased significantly between 2005 and 2010 (from 40.1 % to 36.8 %), replaced by an increasing number of Lean organisations, while the number of Tayloristic organisations was stable (1 in 5 EU organisations).

  • Any failure or inability of the Administrative Agent to enforce a Seller Obligation shall not in any way limit the Administrative Agent’s right to enforce the other Seller Obligations.


More Definitions of Seller Obligation

Seller Obligation or “Seller Obligations” has the meaning set forth in Section 9.2(a).
Seller Obligation means any warranty or undertaking to reimburse or indemnify (including any covenant to pay pursuant to the Tax Covenant) or any guarantee in respect thereof given by the Seller or the Seller’s Guarantor or IPGL (if applicable) under this Agreement;
Seller Obligation means, in respect of each Seller, any warranty or covenant to pay given by that Seller to the Purchaser or obligation of the Seller to pay damages to the Purchaser for a breach of any of its obligations, in each case under this Agreement or the US APA, and includes the undertaking to pay in clause 4;
Seller Obligation means any representation, warranty, covenant, undertaking or indemnity (including, without limitation, any covenant and/or undertaking to pay, refund or reimburse pursuant to Schedule 11) given by the Seller to the Purchaser under this Agreement; Seller Plan means each scheme, fund, arrangement, plan or agreement under which any member of the Seller Group provides, is (or could become) liable to provide or has agreed to provide (or to which any member of the Seller Group contributes, is liable to contribute or has agreed to contribute to the provision of) any Retirement Benefits for or in respect of any Employee or former Employee and references to any Seller Plan shall be construed as also referring to its trustees, fiduciaries, managers and administrators (as applicable).
Seller Obligation means any warranty or undertaking to indemnify (including any covenant to pay pursuant to Schedule 8 or Clause 12) given by the Seller to the Buyer under this Agreement;
Seller Obligation shall have the meaning set forth in Section 10.04(d) hereof.
Seller Obligation means any warranty, undertaking or indemnity given by the Seller to the Purchaser and/or any other member of the Purchaser Group under this Agreement, including, for the avoidance of doubt, any covenant to pay given by the Seller to the Purchaser under Schedule 8; Seller Payment has the meaning given in Schedule 6.