Ultimate Sellers definition

Ultimate Sellers means the individual(s) who ultimately owns and/or controls one or more of the non-individual Sellers.
Ultimate Sellers has the meaning set forth in Section 5.14.

Examples of Ultimate Sellers in a sentence

  • After the Conveyance Properties are determined, Seller will exercise commercially reasonable efforts to obtain quitclaim deeds from the Ultimate Sellers conveying to Seller all of the Ultimate Seller’s interest in each of the Conveyance Properties (each such deed hereinafter referred to as an “Ultimate Deed”).

  • Each of the Ultimate Sellers shall agree to reimburse Seller Representative for any fees and expenses incurred by Seller Representative in its capacity as agent, proxy or attorney in fact of the Ultimate Sellers in connection with this Agreement or the transactions contemplated herein.

  • Seller and the Ultimate Sellers shall have taken all necessary limited liability company action to give effect to the provisions of Section 5.14.

  • In order to minimize the chances of premature failure, the designer must include the presence of irregularities in components.

  • The holders of the limited liability company units of Seller (the “ Ultimate Sellers”) shall authorize Seller to serve as the initial Seller Representative and to act as representative of the Ultimate Sellers with respect to the matters expressly set forth in this Agreement to be performed by Seller Representative.

  • Notice and a copy of the written consent appointing such new representative and bearing the signatures of a majority in interest of the Ultimate Sellers, along with a consent in writing of such new representative to assume the obligations of Seller Representative and any such other assignments, consents or waivers as reasonably requested by Buyer, must be delivered to Buyer.

  • In the event that Seller becomes unable or unwilling to continue in its capacity as Seller Representative, or if Seller resigns as Seller Representative, a majority in interest of the Ultimate Sellers may, by written consent, appoint a new representative as Seller Representative; provided, that the Ultimate Sellers shall not cause or permit Seller to liquidate, dissolve, merge or consolidate with another entity without first appointing a new Seller Representative.

Related to Ultimate Sellers

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Seller has the meaning set forth in the Preamble.

  • Seller Parent has the meaning set forth in the Preamble.

  • Sellers has the meaning set forth in the preamble.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • the Seller means the person so described in the Order;

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Buyer has the meaning set forth in the preamble.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • Purchasing Manager means the person duly authorized to enter into and administer Contracts and make written determinations with respect to the Contract or his or her designee.

  • Buyer Parties means Buyer, its Affiliates, their members, officers, directors, employees, agents, representatives, successors, and assigns.

  • Remote seller means any dealer deemed to have sufficient activity within the Commonwealth to

  • Mortgage Loan Seller Each of CREFI, GACC and JPMCB, and their respective successors in interest.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Purchaser Parent has the meaning set forth in the preamble to this Agreement.

  • Purchaser/ User means ultimate recipient of goods and services

  • Seller Representative means Xxxxx Bank.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • Buyer Parent has the meaning set forth in the Preamble.

  • Purchasing Entity means any entity or organization that has been authorized by the State to place Orders with the Contractor, and may include, without limitation, agencies of the State, government supported institution of higher education within the State, political subdivisions of the State, authorized non-profit organizations and other authorized entities.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Loan Seller With respect to any Mortgage Loan, the entity that sold such Mortgage Loan to the Transferor.