Examples of Transaction Agreement in a sentence
Such Backstop Commitment Party has the requisite power and authority (corporate, partnership or otherwise) to enter into, execute and deliver this Agreement and each other Transaction Agreement to which such Backstop Commitment Party is a party and to perform its obligations hereunder and thereunder and has taken all necessary action (corporate or otherwise) required for the due authorization, execution, delivery and performance by it of this Agreement and the other Transaction Agreements.
Except for the representations and warranties expressly set forth in this Agreement (including the related portions of the Company Disclosure Schedules), any other Transaction Agreement or Plan, such Backstop Commitment Party has independently evaluated the merits and risks of its decision to enter into this Agreement and disclaims reliance on any representations or warranties, either express or implied, by or on behalf of any of the Debtors.
Recipient also agrees that unless and until a definitive Transaction Agreement between the Company and Recipient has been executed and delivered, the Company has no legal obligation of any kind whatsoever with respect to any transaction by virtue of this Agreement or any other written or oral expression with respect to such transaction except, in the case of this Agreement, for matters specifically agreed herein.
Recipient also understands and agree that no contract or agreement providing for a Transaction with the Company shall be deemed to exist between Recipient and the Company unless and until a definitive Transaction Agreement has been executed and delivered, and Recipient hereby waives, in advance, any claim (including, without limitation, breach of contract) in connection with a possible Transaction with the Company unless and until Recipient shall have entered into a definitive Transaction Agreement.
Subject to entry of the Backstop Order, the Disclosure Statement Order, and the Confirmation Order, as applicable, each other Transaction Agreement will be, duly executed and delivered by the Company and the other Debtors party thereto.