Vendor Financing Sample Clauses
The Vendor Financing clause outlines the terms under which a seller provides a loan or credit to the buyer to facilitate the purchase of goods, services, or assets. Typically, this clause specifies the amount financed, repayment schedule, interest rate, and any security interests or collateral required. By enabling the buyer to pay over time rather than upfront, this clause helps bridge funding gaps and makes transactions possible that might otherwise be unaffordable, thereby supporting deal completion and expanding the pool of potential buyers.
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Vendor Financing. Deliver to the Administrative Agent, on or before April 30, 2001, definitive documentation, duly authorized, executed and delivered by the Borrower and one or more Vendors, including a New Lender Supplement duly executed and delivered by the Borrower and each relevant Vendor, with respect to the establishment of one or more Optional Vendor Loan Tranches pursuant to Section 2.7 of, and in all material respects in accordance with, this Agreement in an aggregate principal amount equal to or in excess of $250,000,000.
Vendor Financing it will not and will procure that no other Group Company will enter into any vendor financing programme or similar arrangement for financing the acquisition of Equipment, any other fixed asset or Inventory (which has not already been disclosed in its budget for Capital Expenditure and approved by the Agent), without the prior written consent of the Agent and without the Agent being provided with such information as it may require as to the terms and conditions of such vendor financing programme or other arrangement and assessing the impact, if any, upon the Collateral and/or the encumbrances created by the Debenture.
Vendor Financing. Ericsson shall provide to Cricket, vendor financing in an amount not less than [*] of the purchase price of the System(s) and Equipment acquired by Cricket from Ericsson on the terms and conditions set forth in the term sheet attached hereto as Exhibit D, or such more favorable terms as may be available to Cricket on the date of the Cricket Notice for shipments on the date that Ericsson intends to first ship Products to Cricket, if Cricket provides the Cricket Notice as provided above, the terms and conditions of such financing shall be no less favorable in rates and terms and conditions to Cricket (and its affiliates) than those terms and conditions offered by Cricket's other Primary Vendor for comparable financing on the date Cricket provides Cricket's Notice. "Primary Vendor" means Cricket's or its affiliates then current primary (i.e., in terms of dollar cost of Equipment then on order and which has been ordered within the previous three (3) months) vendor for supplying the Systems. Within sixty (60) days after the Effective Date, the parties agree to diligently and in good faith negotiate and execute: (i) definitive form of loan documents, which are substantially similar to those loan documents of Cricket's other Primary Vendor; and (ii) an intercreditor agreement. Cricket shall diligently and in good faith attempt to obtain the Primary Vendor's written approval to the form of an intercreditor agreement to be used between [*] Certain material (indicated by an asterisk) has been omitted from this document pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.
Vendor Financing. The Borrower will procure that no new Vendor Financing after the date of the Amendment Agreements is provided by any member of the Group.
Vendor Financing. 36 Section 4.19 Finders' or Advisors' Fees............................................................36 Section 4.20 Opinion of Financial Advisor..........................................................36 Section 4.21 Takeover Statutes.....................................................................36
Vendor Financing. Upon the acquisition of the Company's fifth (5th) Internet Service Provider, ▇▇▇▇▇▇▇ shall vest in 192,172 stock options.
Vendor Financing. To the extent any Company incurs Debt permitted by Section 9.12(i) that is secured by Liens permitted by Section 9.13(b)(vii), Administrative Agent is hereby authorized by Lenders to execute and deliver such releases or subordination of Liens on the Collateral so financed upon ten (10) Business Days prior written request by Borrower supported by evidence that such Debt and Liens are permitted by the terms of this Agreement and accompanied by appropriate release or subordination instruments, which must be in form and substance satisfactory to Administrative Agent.
Vendor Financing. Section 3.18 of the Lucent Disclosure Letter contains a true, complete and accurate list, as of the date of this Agreement, of (i) all financing arrangements (including loans, deferred payment arrangements in excess of one year and equity-linked arrangements) to customers (including distributors to customers) or vendors of Lucent or any of its Subsidiaries which have been provided by Lucent and/or any of its Subsidiaries or are guaranteed (including by guarantee to an institution providing such loan), secured or supported in any respect by Lucent and/or any of its Subsidiaries (collectively, "LUCENT VENDOR FINANCING") with an aggregate principal amount of financing or available commitment greater than $25,000,000 and (ii) all contracts, agreements, commitments and other arrangements relating to Lucent Vendor Financing with an aggregate principal amount of financing or available commitment greater than $25,000,000.
Vendor Financing. Section 4.18 of the Alcatel Disclosure Letter contains a true, complete and accurate list, as of the date of this Agreement, of (i) all financing arrangements (including loans, deferred payment arrangements in excess of one year and equity-linked arrangements) to customers (including distributors to customers) or vendors of Alcatel or any of its Subsidiaries which have been provided by Alcatel or any of its Subsidiaries or are guaranteed (including by guarantee to an institution providing such loan), secured or supported in any respect by Alcatel or any of its Subsidiaries (collectively, "ALCATEL VENDOR FINANCING") with an aggregate principal amount of financing or available commitment greater than $25,000,000 and (ii) all contracts, agreements, commitments and other arrangements relating to Alcatel Vendor Financing with an aggregate principal amount of financing or available commitment greater than $25,000,000.
Vendor Financing. Buyer: Novi-Net, d.o.o Supplier: ZTE Corporation Credit purpose: To finance the purchase by Buyer of system Equipment from ZTE. Down payment: $274,267.47 (Among which, $182,844.98has already be paid by Customer, $54,853.49 shall be paid within 15 days after signing this Contract, and $36,569.00 shall be paid within 15 days after goods available for Customer’s inspection at Delivery Port.) Facility amount: $1,005,989.34 Currency: United States Dollars Tenor: 2.5 years (Including Grace Period) Grace period: 1 year commencing from first ▇▇▇▇ of Lading date under each PO. Interest Rate 6 months LIBOR plus 2.5% per annum Principal Repayment: Three semi-annually equal installments, with first one beginning on the 180th day from end of Grace Period.