Existing Seller definition
Examples of Existing Seller in a sentence
The subordination provisions of the Existing Seller Note and any Permitted Seller Notes are enforceable against the holders thereof, and the Loans and other monetary Obligations hereunder are and will be within the definition of "Senior Indebtedness" included in such provisions.
The nature and outstanding balances of the Existing Seller Acquisition Debt identified on Schedule 3.01(m) attached hereto is true and accurate in all respects and the Company is not in default with respect to any of the Existing Acquisition Seller Debt.
This joint representation included in its scope all matters prior to the Closing in which a Party or another member of its Group was represented by any of the Existing Seller Counsel.
Holdings and Company have delivered to Syndication Agent and Administrative Agent complete and correct copies of (i) each document evidencing the Existing Seller Subordinated Notes and the Existing Earn-Out Obligations and (ii) copies of any amendment, restatement, supplement or other modification to or waiver of any such document entered into after the date hereof.
Such notice may be given via email to Tenant’s representatives, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ whose email is: ▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ or ▇▇▇▇▇▇ ▇▇▇▇ whose email is: ▇▇▇▇▇@▇▇▇▇.▇▇▇.
The Parties have previously been jointly represented by the Existing Seller Counsel in various legal matters of common interest.
The subordination provisions of the Existing Seller Subordinated Note and of the Parent Subordinated Intercompany Note are enforceable against the holders thereof, and the Loans and all other Obligations hereunder (including, without limitation, pursuant to the Guaranties) and under the other Credit Documents are within the definition of "Senior Indebtedness" included in such subordination provisions.
The Seller shall retain, shall pay, perform and discharge, and shall indemnify the Buyer and hold the Buyer harmless from and against, all of the Existing Seller Liabilities.
The obligations of the Company under the Notes are senior to any outstanding Indebtedness (other than Existing Seller Debt) of the Company or any Subsidiary which is in any manner subordinated in right of payment or security with respect to any other Indebtedness of the Company.
Any Existing Seller not party to this Agreement as a Seller shall no longer be a Seller and shall not be liable for the Obligations under this Agreement and the other Repurchase Documents.