Examples of UK Asset Purchase Agreement in a sentence
The guarantee is to be a continuing security to the Seller for all obligations, commitments, warranties, undertakings, indemnities and covenants on the part of the U.K. Buyer under or pursuant to the U.K. Asset Purchase Agreement notwithstanding any settlement of account or other matter or thing whatsoever.
The parties hereby acknowledge that the Seller makes no representations and gives no warranties as to the Transferred Assets, Transferred Liabilities and operations of the U.K. Plant (the "U.K. Representations and Warranties") provided that the Seller will procure that CMB U.K. will make such U.K. Representations and give such U.K. Warranties to the affiliate of Buyer party to the U.K. Asset Purchase Agreement in accordance with the terms of the U.K. Asset Purchase Agreement.
If and whenever the U.K. Buyer defaults for any reason whatsoever in the performance of any obligation or liability undertaken by it in accordance with the U.K. Asset Purchase Agreement, the Buyer shall perform (or procure performance of) and satisfy (or procure the satisfaction of) the obligation or liability in regard to which such default has been made in the manner prescribed by this Agreement.
Any representations, warranties and indemnities contained in the U.K. Asset Purchase Agreement and the German Asset Purchase Agreement shall be deemed comprised within and subject to this Article 7 and Article 8 hereunder, shall not modify or increase the Buyer Group's or the Seller Group's aggregate obligations hereunder for breach of representation or warranty and shall in no event give rise to a double- recovery.
Except as otherwise expressly provided in Sections 5(a), 8(f)(iii), 8(f)(vii), 10 and 23, Buyer and Sellers acknowledge and agree that, from and after the Closing, their sole and exclusive remedy with respect to any and all claims relating to the subject matter of this Agreement, the Stock Purchase and the UK Asset Purchase Agreement shall be pursuant to the indemnification provisions set forth in this Section 11.
Prior to the Closing, Sellers shall have the right to supplement, modify or update the Schedules hereto and to the UK Asset Purchase Agreement to reflect changes in the ordinary course of business consistent with past practice and subject to Section 5(b) prior to the Closing; provided, however, that any such supplements, modifications or updates shall be subject to Buyer's rights under Section 3(a)(i).
Pursuant to the UK Asset Purchase Agreement and on the terms and subject to the conditions contained therein, Kraft Jacoxx xxxll sell, and Buyer or an Affiliate of Buyer shall buy, the UK Assets, and Buyer or an Affiliate of Buyer shall assume the UK Assumed Liabilities.
At the Closing, Buyer shall, and Kraft shall cause Kraft Jacoxx xx, execute and deliver a form of Asset Purchase Agreement substantially in the form attached hereto as Exhibit G (the "UK Asset Purchase Agreement").
The disclosures in the Schedules hereto and to the UK Asset Purchase Agreement are to be taken as relating to the representations and warranties of Sellers as a whole.
The Purchaser and the UK Purchaser may assign and transfer any of its rights under the Agreement, the UK Asset Purchase Agreement or Tax Deed in whole or in part and without restriction.