Definition of Acceptable Purchase Agreement


Acceptable Purchase Agreement means a definitive purchase agreement, in form and substance acceptable to the Lender in its sole discretion, signed by the Borrower and an Acceptable Purchaser, whereby such Acceptable Purchaser agrees to acquire the business of the Borrower (whether in a merger, stock purchase, asset purchase, or other arrangement) on terms that would include repayment in full of the Obligations and termination of the Commitment, or on other terms acceptable to the Lender in its sole discretion.