{"component": "definition", "props": {"groups": [{"samples": [{"hash": "1ID4Uamwg6P", "uri": "/contracts/1ID4Uamwg6P#buyer-notes", "label": "Bridge Facility Credit Agreement (Sonic Automotive Inc)", "score": 37.2491444216, "published": true}, {"hash": "9upl8MEKXaT", "uri": "/contracts/9upl8MEKXaT#buyer-notes", "label": "Credit Agreement (Sonic Automotive Inc)", "score": 36.0061607361, "published": true}, {"hash": "4xvRq7OjV0k", "uri": "/contracts/4xvRq7OjV0k#buyer-notes", "label": "Credit Agreement (Sonic Automotive Inc)", "score": 35.212184906, "published": true}], "snippet": "means those promissory notes received by the Company or any Subsidiary as partial or full payment consideration for Dispositions of vehicle dealerships, associated dealership real estate or related businesses, or Dispositions of Subsidiaries, by the Company or such Subsidiary to the obligors of such promissory notes.", "snippet_links": [{"key": "promissory-notes", "type": "clause", "offset": [12, 28]}, {"key": "received-by-the-company", "type": "definition", "offset": [29, 52]}, {"key": "full-payment", "type": "clause", "offset": [85, 97]}, {"key": "real-estate", "type": "clause", "offset": [175, 186]}, {"key": "related-businesses", "type": "clause", "offset": [190, 208]}, {"key": "the-obligors", "type": "clause", "offset": [280, 292]}], "size": 31, "hash": "a195d8935cab9021bc44988e694ad26c", "id": 1}, {"samples": [{"hash": "fiO76Qaeqx4", "uri": "/contracts/fiO76Qaeqx4#buyer-notes", "label": "Stock Purchase Agreement (Icommerce Group Inc)", "score": 18.0, "published": true}, {"hash": "fLsReuooJHs", "uri": "/contracts/fLsReuooJHs#buyer-notes", "label": "Stock Purchase Agreement (Icommerce Group Inc)", "score": 18.0, "published": true}, {"hash": "d0R7rdEUFAY", "uri": "/contracts/d0R7rdEUFAY#buyer-notes", "label": "Membership Purchase Agreement (Sparton Corp)", "score": 18.0, "published": true}], "snippet": "has the meaning set forth in Section 2(b) below.", "snippet_links": [], "size": 12, "hash": "c5f27dff4a2d3377d095099dd90bbf0f", "id": 2}, {"samples": [{"hash": "fOHhTCxJvjg", "uri": "/contracts/fOHhTCxJvjg#buyer-notes", "label": "Stock Purchase Agreement (Renegade Venture Nev Corp)", "score": 18.0, "published": true}, {"hash": "cnJY06s4FYw", "uri": "/contracts/cnJY06s4FYw#buyer-notes", "label": "Stock Purchase Agreement (Renegade Venture Nev Corp)", "score": 18.0, "published": true}, {"hash": "3Vj6x2ehEVC", "uri": "/contracts/3Vj6x2ehEVC#buyer-notes", "label": "Equity Purchase Agreement (Labarge Inc)", "score": 18.0, "published": true}], "snippet": "has the meaning set forth in ss.2(b) below.", "snippet_links": [], "size": 4, "hash": "c00da064c69e32de9e5fd9a1c77c329d", "id": 3}, {"samples": [{"hash": "bJv1fHwD2sA", "uri": "/contracts/bJv1fHwD2sA#buyer-notes", "label": "Stock Purchase Agreement (Technest Holdings Inc)", "score": 18.0, "published": true}, {"hash": "8gLIVkllab7", "uri": "/contracts/8gLIVkllab7#buyer-notes", "label": "Stock Purchase Agreement (Markland Technologies Inc)", "score": 18.0, "published": true}], "snippet": "means those certain Buyer Notes, substantially in the form attached hereto as EXHIBIT A, issued as part of the Purchase Price pursuant to SECTION 1.4(A) hereof.", "snippet_links": [{"key": "exhibit-a", "type": "clause", "offset": [78, 87]}, {"key": "the-purchase-price", "type": "clause", "offset": [107, 125]}, {"key": "pursuant-to-section", "type": "definition", "offset": [126, 145]}], "size": 2, "hash": "4c873895d4e184f12848c0a636fae0f1", "id": 4}, {"samples": [{"hash": "linSb4IHK2h", "uri": "/contracts/linSb4IHK2h#buyer-notes", "label": "Stock Purchase Agreement (Microtel International Inc)", "score": 18.0, "published": true}, {"hash": "6BaKEttDXZ2", "uri": "/contracts/6BaKEttDXZ2#buyer-notes", "label": "Stock Purchase Agreement (Microtel International Inc)", "score": 18.0, "published": true}], "snippet": "means the Short Term Notes and the Long Term Notes.", "snippet_links": [{"key": "short-term-notes", "type": "clause", "offset": [10, 26]}, {"key": "long-term", "type": "clause", "offset": [35, 44]}], "size": 2, "hash": "da45a3c446faeee5f21e5fe285516aac", "id": 5}, {"samples": [{"hash": "e4NKs0LYNaC", "uri": "/contracts/e4NKs0LYNaC#buyer-notes", "label": "Securities Purchase Agreement (Telephone & Data Systems Inc /De/)", "score": 35.4038314819, "published": true}, {"hash": "cAXK0yAeQun", "uri": "/contracts/cAXK0yAeQun#buyer-notes", "label": "Securities Purchase Agreement (United States Cellular Corp)", "score": 35.4038314819, "published": true}], "snippet": "has the meaning specified in Section 9.13(a).", "snippet_links": [], "size": 2, "hash": "2ec1f6313b9fed01f7b86ab41d6cf7bd", "id": 6}, {"samples": [{"hash": "85RkdlHu8L2", "uri": "/contracts/85RkdlHu8L2#buyer-notes", "label": "Stock Purchase Agreement (Air Industries Group, Inc.)", "score": 18.0, "published": true}, {"hash": "2OuONpVlB4t", "uri": "https://investors.airindustriesgroup.com/static-files/0e459817-396c-44c9-a67a-b18bc4bce016", "label": "investors.airindustriesgroup.com", "score": 10.0663928986, "published": false}], "snippet": "means collectively the 8% Note and the 4% Note, as defined in Section 2.3.", "snippet_links": [{"key": "section-23", "type": "clause", "offset": [62, 73]}], "size": 2, "hash": "5f4a122e1edd349cbd7585c9a961ddf9", "id": 7}, {"samples": [{"hash": "jEOsDO1Gzzt", "uri": "/contracts/jEOsDO1Gzzt#buyer-notes", "label": "Note Modification Agreement (Us Dataworks Inc)", "score": 19.0, "published": true}, {"hash": "39YzCEkLWEm", "uri": "/contracts/39YzCEkLWEm#buyer-notes", "label": "Note Modification Agreement (Us Dataworks Inc)", "score": 19.0, "published": true}], "snippet": "means those certain senior secured convertible notes issued by UDW pursuant to that certain Securities Purchase Agreement, dated as of November 13, 2007, by and among UDW and the Buyers listed on the Schedule of Buyers, hereto attached as Exhibit A (the \u201cBuyer Notes\u201d).\u201d", "snippet_links": [{"key": "senior-secured-convertible-notes", "type": "definition", "offset": [20, 52]}, {"key": "issued-by", "type": "definition", "offset": [53, 62]}, {"key": "pursuant-to", "type": "clause", "offset": [67, 78]}, {"key": "securities-purchase-agreement", "type": "definition", "offset": [92, 121]}, {"key": "dated-as-of", "type": "definition", "offset": [123, 134]}, {"key": "the-buyers", "type": "clause", "offset": [175, 185]}, {"key": "schedule-of-buyers", "type": "definition", "offset": [200, 218]}, {"key": "exhibit-a", "type": "clause", "offset": [239, 248]}], "size": 2, "hash": "66d23bc931a79d306c91d40d3a079748", "id": 8}, {"samples": [{"hash": "cxnkPYuI6Cm", "uri": "/contracts/cxnkPYuI6Cm#buyer-notes", "label": "Stock Purchase Agreement (HC2 Holdings, Inc.)", "score": 26.9876804352, "published": true}, {"hash": "6UwEVvrWriq", "uri": "/contracts/6UwEVvrWriq#buyer-notes", "label": "Stock Purchase Agreement (HC2 Holdings, Inc.)", "score": 26.2840518951, "published": true}], "snippet": "means Buyer\u2019s 11.000% Senior Secured Notes due 2019, issued pursuant to the Indenture.", "snippet_links": [{"key": "senior-secured-notes-due-2019", "type": "definition", "offset": [22, 51]}, {"key": "pursuant-to-the-indenture", "type": "clause", "offset": [60, 85]}], "size": 2, "hash": "f95100efad35baf387622df441f459aa", "id": 9}, {"samples": [{"hash": "k6ctNGhEXlR", "uri": "/contracts/k6ctNGhEXlR#buyer-notes", "label": "Merger Agreement (Inergy L P)", "score": 24.3511295319, "published": true}, {"hash": "8ciecmok3Bm", "uri": "/contracts/8ciecmok3Bm#buyer-notes", "label": "Merger Agreement (Inergy Midstream, L.P.)", "score": 24.3511295319, "published": true}], "snippet": "means the 6.0% Senior Notes due 2020 of Buyer issued pursuant to the Buyer Indenture.", "snippet_links": [{"key": "senior-notes", "type": "definition", "offset": [15, 27]}, {"key": "of-buyer", "type": "clause", "offset": [37, 45]}, {"key": "to-the-buyer", "type": "clause", "offset": [62, 74]}], "size": 2, "hash": "c5c9c765f3104a753c37dfb2df2f245f", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIUYnV5ZXItbm90ZXMjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means those promissory notes received by the Company or any Subsidiary as partial or full payment consideration for Dispositions of vehicle dealerships, associated dealership real estate or related businesses, or Dispositions of Subsidiaries, by the Company or such Subsidiary to the obligors of such promissory notes.", "size": 82, "title": "Buyer Notes", "id": "buyer-notes", "examples": ["The Closing of each of the following notes shall be on or before the dates specified in the relevant <strong>Buyer Notes</strong>.", "To the extent the fair market value of the Collateral (less any other liens or encumbrances) is less than the total outstanding balance of all the Secured <strong>Buyer Notes</strong>, then the Collateral will be deemed to only secure those Secured <strong>Buyer Notes</strong> with an aggregate outstanding balance that is less than or equal to such net fair market value of the Collateral, applied in numerical order of the Secured <strong>Buyer Notes</strong>.", "This shall affect the timing and amount of payments required under the <strong>Buyer Notes</strong> in the same manner as if the Buyer had made a permitted prepayment (without premium or penalty) pro rata thereunder with such amount applied against payments in the order of maturity.", "The Buyer shall have the option of recouping all or any part of any amount the Sellers owe it pursuant to this \u00a72(g) by notifying the Sellers that the Buyer is reducing pro rata the principal amounts outstanding under the <strong>Buyer Notes</strong>.", "In such base both the <strong>Buyer Notes</strong> and the back end notes shall be terminated.", "The intent of the parties is that the net fair market value of the Collateral (less any other prior liens or encumbrances) will be equal to or greater than the aggregate outstanding balance of the Secured <strong>Buyer Notes</strong>.", "The Company may reject the closing of the back end financing by giving the Buyer written notice at least 30 days prior to the 6 month anniversary of the Notes of its intent to reject the funding of each of the <strong>Buyer Notes</strong>.", "The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured <strong>Buyer Notes</strong>.", "The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured <strong>Buyer Notes</strong> and the <strong>Buyer Notes</strong>.", "Each Seller agrees that, prior to the Seller Maturity Date, Buyer shall be required to make payments in respect of the payment obligations evidenced by the <strong>Buyer Notes</strong> only to the extent that it has cash available under Section 3.3."], "related": [["seller-notes", "Seller Notes", "Seller Notes"], ["bridge-notes", "Bridge Notes", "Bridge Notes"], ["seller-note", "Seller Note", "Seller Note"], ["new-notes", "New Notes", "New Notes"], ["mac-notes", "MAC Notes", "MAC Notes"]], "related_snippets": [], "updated": "2026-04-05T05:49:25+00:00"}, "json": true, "cursor": ""}}