Seller Stock definition
Examples of Seller Stock in a sentence
Except for the Shareholder’s Shares, the Shareholder does not have voting power over any shares of Seller Stock.
Buyer acknowledges that Buyer has received all the information Buyer considers necessary or appropriate for deciding whether to purchase the Seller Stock.
For clarification, in the event of a Breach, Seller will have no obligation to sell, and Buyer will have no obligation to purchase, the Seller Stock and Seller is free to sell the Seller Stock to anyone on such terms as Seller determines.
Buyer agrees that in no event will Buyer make a disposition of any of the Seller Stock in contravention of any of the restrictions placed on the Seller Stock in this Agreement or the Bylaws of the Company, as amended, if and as applicable.
Buyer has been and is solely responsible for Buyer’s own due diligence investigation and evaluation of the value of the Seller Stock and the Company’s business, products, financial condition, viability and prospects.