Subject to Seller definition

Subject to Seller s Confirmation” means, with respect to any Property expressly identified in this Agreement as being sold Subject to Seller’s Confirmation, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by Auctioneer, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.
Subject to Seller obtaining the requisite shareholder approval, Seller has taken all necessary and appropriate corporate action with respect to the execution and delivery of any Closing Documents, and no other corporate proceedings on the part of Seller are necessary to authorize this Agreement or to consummate the transactions contemplated hereby and thereby. Subject to Seller obtaining the requisite shareholder approval, this Agreement constitutes valid and binding obligation of Seller, enforceable against Seller in accordance with its terms: (i) except as limited by applicable bankruptcy, insolvency, moratorium, reorganization or other laws affecting creditors' rights and remedies generally, (ii) except as may be required by bulk sales provisions of the applicable state laws and (iii) except as the indemnification provisions contained in this Agreement may be limited by principles of public policy. The execution and delivery of this Agreement by Seller does not, and, as of the Closing, the consummation of the transactions contemplated hereby and thereby will not, conflict with, or result in any violation of or default under (with or without notice or lapse of time, or both), or give rise to a right of termination, cancellation or acceleration of any obligation or loss of any benefit under (any such event, a "Conflict") (i) any provision of the Certificate of Incorporation or Bylaws of Seller or (ii) any material mortgage, indenture, lease, contract or other agreement or material instrument, permit, concession, franchise, license, judgment, order, decree, statute, law, ordinance, rule or regulation applicable to Seller or by which its properties or assets are bound, except where such Conflict would not have a Material Adverse Effect.
Subject to Seller s Confirmation” means, if announced, posted, or advertised, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by Auctioneer, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid, (ii) reject such bid, or (iii) negotiate a higher price.

Examples of Subject to Seller in a sentence

  • Subject to Seller authorizing Transmission Provider to provide Buyer with electronic access to the Billing Meter, Buyer shall read/obtain data from the Billing Meter at regular intervals, which shall be not less than twenty-seven (27) consecutive days and not more than thirty-three (33) consecutive days (each, a “Billing Period”) except for the initial and final billing periods hereunder which may be shorter to permit the readings to otherwise coincide with calendar months.

  • In the event the bidding level does not reach the Published Reserve Price, the high bid offer will be considered With Reserve, Subject to Seller Acceptance.

  • Subject to Seller approval of Buyer‟s credit, payment terms for domestic Orders are net thirty (30) days from date of Seller‟s invoice.

  • The lot description for any such lot shall clearly designate that the respective lot is being offered for sale Subject to Seller Confirmation.

  • Subject to Seller complying with its obligations under this Agreement, SCE, as SC during a Put Delivery Period, shall submit all notices and updates required under the Tariff regarding each Generating Unit’s status to the CAISO.

  • Subject to Seller approval and no later than five (5) Business Days before the relevant deadline for each RAR or Local RAR Showing, Buyer may request that Seller not, or cause each Unit’s SC not to, list a portion or all of a Unit’s Unit Quantity on the Supply Plan.

  • Subject to Seller approval of Buyer’s credit, payment terms are net thirty (30) days from date of Seller’s invoice.

  • This Auction is "Subject to Seller Confirmation" no reserve has been established prior to the auction but seller has total authority to Accept, Reject, or in Special Circumstances Counter the Top Competitive bid.

  • Subject to Seller complying with its obligations under this Agreement, SCE, as SC during a Put Delivery Period, shall submit all notices and updates required under the Tariff regarding each Storage Unit’s status to the CAISO.

  • Subject to Seller approval, Buyer may reschedule a shipment of Goods provided that Seller has received written notice from Buyer more than thirty (30) days prior to the originally scheduled shipping date.


More Definitions of Subject to Seller

Subject to Seller s Confirmation” means that, after the conclusion of bidding, Seller may determine, in Seller’s sole and absolute discretion, to (i) accept the high bid acknowledged by Auctioneer or (ii) reject the high bid acknowledged by Auctioneer.
Subject to Seller s Confirmation” means, with respect to any Lot expressly identified as being sold Subject to Seller’s Confirmation, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by LAG, Seller may determine, in Seller's sole and absolute discretion, to
Subject to Seller obtaining the unconditional written consent from all tenants whose consent is required by the terms and conditions of their respective lease agreements with Seller and the compliance by Seller with the requirements of all requisite governmental agencies with regard to such sale, Purchaser hereby consents to the sale of the Chevron Parcel to Chevron. Notwithstanding anything herein to the contrary, so long as Chevron is ready, willing, and able to acquire the Chevron Parcel within one (1) year of the Closing, Purchaser agrees to sell the Chevron Parcel to Chevron, provided that in no event is the Purchaser to bear any portion of the costs of such sale (including but not limited to reasonable attorneys' fees), it being agreed that Purchaser shall in no event incur any costs associated with such sale, and if the Chevron Parcel is sold after Closing, the net proceeds from such sale or if the same are required to be paid to the Mortgagee or any other person an amount equal to the net proceeds shall be paid by Purchaser to Seller within ten (10) days of the closing on the Chevron Parcel. The parties hereto agree that the value of the Chevron Parcel (as between Seller and Purchaser) is the sales price of the Chevron Parcel as shown in the Chevron Agreement, and the Seller agrees to indemnify and save Purchaser harmless from any income tax Purchaser may become obligated for as a result of the sale of the Chevron Parcel from Purchaser to Chevron as a result of the foregoing. If the closing of the Chevron Parcel occurs prior to the Closing, Seller may execute and deliver to Chevron or its assignee or designee a deed to the Chevron Parcel and all such other documents as may reasonably be required to consummate such sale and the net proceeds shall be either retained by Seller or applied to reduce the Existing Mortgage balance. If, however, such sale occurs after the Closing, the Purchaser shall execute and deliver to Chevron or its assignee or designee a deed to the Chevron Parcel and all such other documents as may be reasonably required to consummate such sale, including such documents to further assure Seller's obtaining the net proceeds from such sale of the Chevron Parcel. Should the closing of the Chevron Parcel occur before or after the Closing of this Agreement, Seller will obtain all tenants' consents required by the Chevron Agreement.
Subject to Seller s right to adjourn the Closing set forth in this Agreement, each party hereto shall have the one-time right, upon written notice to the other no later than two (2) business days prior to the Scheduled Closing Date, to adjourn the Scheduled Closing Date for up to seven (7) days in the aggregate.

Related to Subject to Seller

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Seller has the meaning set forth in the Preamble.

  • Put Date has the meaning provided in Section 3.4.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing has the meaning set forth in Section 2.2.

  • Purchaser Designee means an individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s nomination rights pursuant to Section 4.07(a) and/or Purchaser’s rights pursuant to Section 4.07(e), together with any designee of the Purchaser who is then standing for election to the Board pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Sellers has the meaning set forth in the preamble.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Sale of the Company means the sale of the Company to an Independent Third Party or affiliated group of Independent Third Parties pursuant to which such party or parties acquire (i) capital stock of the Company possessing the voting power to elect a majority of the Company's board of directors (whether by merger, consolidation or sale or transfer of the Company's capital stock) or (ii) all or substantially all of the Company's assets determined on a consolidated basis.

  • Public purchase means a purchase by means of competitive bids of goods, services, or materials by the State or any of its political subdivisions or public agencies on whose behalf the Attorney General may bring an action pursuant to subdivision (c) of Section 16750 of the Business and Professions Code.