Examples of Xxxxxxxx Agreements in a sentence
Each Xxxxxxxx Party has the right, power and authority to execute and deliver this Agreement and all other agreements entered into in connection with this Agreement to which it is a party (collectively, the “Xxxxxxxx Agreements”), and to perform its respective obligations under the Xxxxxxxx Agreements, and to consummate the transactions contemplated by the Xxxxxxxx Agreements.
The execution and delivery of the Xxxxxxxx Agreements by ERC, and the performance by ERC of its obligations under the Xxxxxxxx Agreements, and the consummation of the transactions provided for in the Xxxxxxxx Agreements, have been duly and validly authorized and approved by all necessary limited liability company action on the part of ERC.
The Buyer agrees that, after the Closing Date, it shall cause PWR to use commercially reasonable efforts, acting in good faith, to perform its obligations as the owner of the DeSoto Facility under any purchase and sale agreement with a third party and to effectuate the transfer and other transactions contemplated by the DeSoto Xxxxxxxx Agreements at the Seller’s sole cost and expense.
In connection with the foregoing, PWR shall consent to a purchase and sale agreement between Seller and any other third party to whom Seller intends to sell the Excluded Portion of the DeSoto Facility; provided, that PWR shall have no obligation or cost with respect to such third party other than to perform its obligations as the owner of the DeSoto Facility in order to effectuate the transactions contemplated by the DeSoto Xxxxxxxx Agreements.
During the Employment Period, Executive agrees that he will comply with, and will take reasonable actions that are necessary or desirable in order to comply with, his obligations under the Xxxxxxxx Agreements.