Seller Releases definition

Seller Releases means those certain releases entered into by each of the Sellers thereto providing releases in favor of each Buyer, Merger Sub, the Company and their respective Related Parties, substantially in the form attached hereto as Exhibit H.
Seller Releases means the releases from each of the Sellers to the Company and the Buyer, substantially in the form attached as Exhibit C, releasing the Company from any and all debts, obligations, claims or liabilities of any kind or nature, known or unknown.
Seller Releases has the meaning set forth in Section 5.10(b).

Examples of Seller Releases in a sentence

  • Buyer will promptly notify Sellers when each Lender consents to the Assumption and the Seller Releases.

  • Buyer covenants to communicate with Sellers and to keep Sellers informed with respect to the status of the Assumption and the Seller Releases.

  • If Buyer is unable to obtain the Seller Releases by noon, Dallas, Texas time on January 17, 2005, Buyer will promptly notify Sellers in writing thereof.

  • The closing costs shall be those costs incurred in conjunction with closing escrow and shall be paid at the close of escrow as follows: Expenses payable by the Seller: Releases of existing liens, including prepayment penalties and recording fees; release of Seller’s loan liability; tax statements or certificates; survey; preparation of deed; one-half of escrow fee; and other expenses required by the Seller under FHA, VA, or other government loan program regulations.

  • The Buyer shall have received all of the Seller Releases duly executed and delivered by the Sellers.


More Definitions of Seller Releases

Seller Releases has the meaning provided in Section 3.2(a)(xiii).
Seller Releases means Releases, in the form of Exhibit G.
Seller Releases shall have the meaning assigned thereto in Section 2.3(d)(v).
Seller Releases shall have the meaning set forth in Section 6.2(e).
Seller Releases has the meaning set forth in Section 6.1(m).
Seller Releases means a release, executed by each Seller, in the form attached hereto as Exhibit 1.1(d).
Seller Releases shall have the meaning in Section 10(a).