Examples of Seller Releasee in a sentence
Purchaser shall, and shall cause the Company to, refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced any legal proceeding, of any kind against a Seller Releasee based upon any matter released pursuant to this Section 9.1.
Any covenants and agreements of the Parties contained in this Agreement and any other Transaction Document in each case which are required by their terms to be performed prior to the Closing shall terminate at, and shall not survive, the Closing and, following the Closing, no Proceeding may be brought by Purchaser or the Company against Seller, any Seller Releasee or any of their respective Representatives on account thereof (including on account of any actual or alleged breach thereof).