Examples of Seller Released Claims in a sentence
Each of the Sellers, on behalf of itself and the other Seller Releasing Parties, expressly covenants that it will not commence any action or suit, or prosecute any pending suit, in law or equity, against any of the Purchaser Released Parties in whole or in part involving any Seller Released Claims.
Seller agrees not to, and to cause its Related Persons not to, assert any proceeding against Buyer, any Buyer Related Person or the Company with respect to Seller Released Claims.
The Seller Released Claims include claims for contribution or other rights of recovery arising out of or relating to any Environmental Law (whether now or hereinafter in effect), including the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. § 9601, et seq., or to any Hazardous Substances, claims for breach of contract, breach of representation or warranty, negligent misrepresentation and all other claims for breach of duty.
Buyer further agrees not to file or bring any claim, suit, action, complaint or arbitration with respect to any Seller Released Claim and Buyer agrees to indemnify, defend and hold harmless the Seller Released Parties from any Seller Released Claims brought by the Company, Buyer, Buyer’s Affiliates or any of their respective directors, officers, employees, agents, consultants or representatives.
Except for the enforcement of this Stock Purchase Agreement, the Buyer Releasors hereby covenant that they will not, based on any Seller Released Claims, xxx or bring any claim or action against any Seller Releasees.