Selling Parties definition
Examples of Selling Parties in a sentence
The Management Company Sellers shall amend and restate the Existing Principal Agreement effective as of the Closing Date to reflect the terms as the Selling Parties and Buyer may agree (with such agreement not to be unreasonably withheld, delayed or conditioned).
At or prior to the Closing, Buyer shall have obtained and bound the RWI Policy, and Buyer, on the one hand, and the Selling Parties, on the other hand, each shall have paid, or made arrangements for the payment of, one-half (1/2) of the premium and broker fees owing in connection with the RWI Policy.
Such Selling Party has not incurred and will not incur any Liability for a fee or commission to a broker, finder, investment banker or other intermediary in connection with the Transactions except for Berkshire, whose fees shall be paid solely by the Selling Parties (or Company prior to Closing).
Following the Closing, the Selling Parties shall take the requisite action to dissolve GP as soon as practicable following the Closing but in no event later than one year after the Closing Date.
The representations and warranties of Company and the Selling Parties contained in this Agreement shall not survive the Closing and the representations and warranties of Buyer contained in this Agreement shall survive for twelve (12) months after the Closing Date.