Seller Releasors definition

Seller Releasors has the meaning set forth in Section 7.06(a).

Seller Releasors has the meaning set forth in Section 10.9(b).

Seller Releasors has the meaning set forth in Section 6.16(a).

Examples of Seller Releasors in a sentence

• Seller, for itself and the other Seller Releasors, hereby irrevocably covenants to refrain from, directly or indirectly, asserting any claim or demand, or commencing, distributing or causing to be commenced, any Proceeding of any kind against any Purchaser Releasees, based on any of the foregoing.

• Notwithstanding anything to the contrary contained herein, the foregoing release Seller Releasors are not releasing any right Seller may have to indemnification or advancement under the by-laws or certificate of incorporation of any of the Companies, or under applicable law, and any such by-law or certificate of incorporation provision shall not be amended, modified or repealed in any manner adverse to Seller following the Closing Date hereof without the prior written consent of Seller.

• The Seller Releasors irrevocably covenant to refrain from, directly or indirectly, asserting any claim, or commencing, instituting or causing to be commenced, any Action of any kind against any released party, based upon any matter released hereby.

• Seller, on behalf of itself and the other Seller Releasors, expressly waives, to the full extent that it may lawfully waive, all rights pertaining to a general release of claims (including Section 1542 of the California Civil Code or any provision of other state or federal Law), and affirms that it is releasing all known or unknown claims that it has or may have against any of the Purchaser Releasees.

• Security Deposit / Performance Bank Guarantee shall be forfeited and Bank guarantee shall be encashed.

More Definitions of Seller Releasors

Seller Releasors has the meaning set forth in Section 5.3(a).

Seller Releasors shall have the meaning assigned thereto in Section 7.5(A).

Seller Releasors shall have the meaning set forth in Section 10.16(b).

Seller Releasors has the meaning set forth in Section 8.6(a).

Seller Releasors has the meaning given such term in Section 6.10(b).

Seller Releasors means the Seller, on behalf of itself, its successors, heirs and permitted assigns, their respective equityholders, Affiliates and Representatives (including Representatives of such Affiliates), the Seller Related Parties and each of their respective successors, heirs and permitted assigns.

Seller Releasors is defined in Section 11.02.