Whenever Seller definition

Whenever Seller s Facility experiences an emergency, Seller or its designee shall have the right to curtail or interrupt all or a portion of Seller's obligation hereunder, provided such curtailment or interruption shall continue only for so long as reasonably necessary to deal with the emergency, and provided Seller promptly notifies Company of the occurrence of such an emergency.
Whenever Seller s deliverability is less than 1000 MCFD under the Contract then Seller's obligation to deliver 125% of the DCQ and Buyer's right to reduce the DCQ to 80% of average daily volume of gas shall be reinstated. In this case Buyer will use its best efforts to take delivery of all the gas Seller is capable of delivering.

Examples of Whenever Seller in a sentence

  • Whenever Seller is authorized to act hereunder, any action authorized by members of Seller holding a majority of the Shares shall be deemed the act of and binding on all members of Seller.

  • Whenever Seller is required to provide any document to Buyer under the Repurchase Documents, the relevant document shall be provided in writing or printed form unless Buyer requests otherwise.

  • Whenever Seller has knowledge that any actual or potential labor dispute is delaying or threatens to delay the timely performance of each order, Seller shall immediately give notice thereof, including all relevant information with respect thereto, to Buyer.

  • Whenever Seller is authorized to act hereunder, any action authorized by members of Seller holding a majority of the Units shall be deemed the act of and binding on all members of Seller.

  • Whenever Seller makes a purchase under the Purchase and Sale Agreement, it shall have acquired and shall continue to have maintained a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by such Originator and all Collections related thereto, and in such Originator's entire right, title and interest in and to the Related Security with respect thereto.

  • Whenever Seller shall become indebted to Purchaser pursuant to Section 6.1 below, then said obligation of Seller shall be repaid to Purchaser by offset against, and reduction of, the Royalty, as of the date of the Notice (as defined below) unless Seller disputes such offset.

  • Whenever Seller requests that certificates representing Shares be issued to him free of such legend, he shall certify to Company that the issuance of such certificates will not contravene the limitation set forth herein and be supported, if Company so requests, by appropriate records.

  • Whenever Seller has knowledge that any present or potential labor dispute is delaying or threatens to delay the timely performance of this Subcontract, Seller shall immediately give notice to Buyer including all relevant information.

  • Whenever Seller shall be required to make any payment, or perform any act, on a day which is not a Business Day, such payment may be made, or such act may be performed, on the next succeeding Business Day.

  • Whenever Seller has represented or covenanted herein or in any Transaction Agreement that it has provided or furnished true and complete copies of or given or will give access to or otherwise make available Contracts in Seller's possession or other documents in Seller's possession, this includes the original document and all documents which supplement, amend, otherwise modify or otherwise interpret (including letter interpretations) such Contracts and other documents.

Related to Whenever Seller

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

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

  • Seller has the meaning set forth in the Preamble.

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

  • 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.

  • Buyer has the meaning set forth in the preamble.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Purchaser means the organization purchasing the goods.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

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

  • 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.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

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

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

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Controlling Shareholder means any shareholder owning more than fifty