Buyer's Note definition

Buyer's Note has the meaning set forth in Section 2.3 below.

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Buyer's Note has the meaning set forth in §2(b) below.

Buyer's Note has the meaning set forth in the Article 2 (b) (2) below."

Examples of Buyer's Note in a sentence

• The Seller shall deliver to Buyer a ▇▇▇▇ of Sale, which shall be effective to vest in Buyer good and marketable title to the Drug Store Assets, free and clear of all mortgages, security interest, liens, encumbrances, pledges and hypothecation of every nature and description, except the Security interest securing Buyer's Note to the Seller.

• In the event that the Buyer shall sell or otherwise transfer any of such Buyer's Note, the transferee shall be allocated a pro rata portion of such transferor Buyer’s Allocated Exchange Cap, and the restrictions of the prior sentence shall apply to such transferee with respect to the portion of the Allocated Exchange Cap allocated to such transferee.

• In the event that the Buyer shall sell or otherwise transfer any of such Buyer's Note or Warrants, the transferee shall be allocated a pro rata portion of such Exchange Cap, and the restrictions of the prior sentence shall apply to such transferee with respect to the portion of the Exchange Cap allocated to such transferee.

• The Buyer has the power and authority (including full corporate power and authority) to enter into and perform its obligations under this Agreement, the License Agreement, the Lease Assignment, the Supply Agreement, the Buyer's Note, the Buyer's Letter of Credit and all other documents that Buyer is to execute and deliver pursuant to this Agreement (the "Buyer Agreements") and to execute and deliver the Buyer's Agreements.

• At the Closing, the Buyer will execute and deliver (i) the various agreements, certificates, instruments and documents referred to in §8.2 below, (ii) an instrument of assumption in substantially the form attached hereto as Exhibit D (the "Instrument of Assumption"), (iii) the cash portion of the Purchase Price by wire transfer to an account designated in writing by Seller to Buyer not less than two days prior to the Closing Date and (iv) the Buyer's Note and (v) the Buyer's Letter of Credit.

More Definitions of Buyer's Note

Buyer's Note means the Buyer's promissory note described in Section 2.3(b)(i)(B) and attached hereto as Exhibit A.

Buyer's Note has the meaning given in Section 2.1.

Buyer's Note means the Non-Negotiable Promissory Note, substantially in the form of Exhibit B hereto, issued by the Surviving Corporation to the Majority Noteholder as a representative of the Noteholders. The Buyer shall be entitled to offset payments due or to become due under the Buyer's Note in accordance with the provisions of Article VIII and those set forth in the Buyer's Note.

Buyer's Note. Prestige" "Prestige Common Stock" and "Seller", respectively, shall have the meanings defined in the foregoing preamble and recitals to this Agreement.

Buyer's Note has the meaning set forth in Section 1.4(b).

Buyer's Note means and refer to the Amended and Restated Note (as such note may be amended, supplemented or otherwise modified from time to time) for all purposes under the Transaction Documents (as defined in the Amended and Restated Note), including, without limitation, the definition of "Buyer's Note" in Section 1.2.2 of the Purchase Agreement.

Buyer's Note means the non interest bearing promissory note substantially in the form set out in Exhibit A and in a form as is reasonably satisfactory to the Buyer's lender and the Seller.