Seller Party definition
Examples of Seller Party in a sentence
The rights described in this section are not assignable by Seller Party.
All decisions and actions by Seller Representative (to the extent authorized by this Agreement) shall be binding upon all Seller Parties, and no Seller Party shall have the right to object, dissent, protest or otherwise contest the same.
Each Seller Party acknowledges that, because the Buyer Shares have not been registered under the Securities Act, the Buyer Shares must be held indefinitely unless subsequently registered under the Securities Act or unless an exemption from such registration is available.
Each Seller Party understands that it may not transfer any Buyer Shares unless such Buyer Shares are registered under the Securities Act or registered or qualified under other applicable securities laws or unless, in the reasonable opinion of counsel for the Buyer, exemptions from such registration and qualification requirements are available.
Each Seller Party agrees that such agency and proxy are coupled with an interest, are therefore irrevocable without the consent of Seller Representative and shall survive the death, incapacity, bankruptcy, dissolution or liquidation of any Seller Party.