Sellco definition
Examples of Sellco in a sentence
The Company was formed by filing a Certificate of Formation of the Company (the “Delaware Certificate”) with the Office of the Secretary of State of Delaware and, prior to the Effective Date, and Sellco, as the sole initial member of the Company, entered into that certain Limited Liability Company Agreement of the Company, effective as of August 15, 2018 (the “Initial LLC Agreement”), governing the affairs of the Company and the conduct of its business.
Subordinated Loan Agreement, dated as of September 18, 2015, among Adelanto Solar Funding, LLC, as Borrower, and NextEra Energy Resources Partners, LLC and Solar Holdings Sellco, LLC, as Subordinated Lenders.
In the event that the Company receives any payments from Sellco in connection with any Post-Closing Working Capital Adjustment Payment or any payments in connection with any Network Upgrades Reimbursement, Casualty Value, or Condemnation Value, in each case, pursuant to the Asset Purchase Agreement, the Company shall promptly pay over all such amounts to the Class A Purchaser.
In the event that employment of any Seller Personnel is deemed to be assumed by or transferred to Buyco or any of its Affiliates by operation of French law or otherwise, Sellco shall assume, or shall cause one or more of its Affiliates to assume, full responsibility for any termination or other liabilities relating to the Seller Personnel, whether or not related to the this agreement or the transactions contemplated hereby, and whether arising at any time before, on or after the date hereof.
By: Name: Title: By: Name: Title: Name: Title: [DATE] JPMorgan Chase Bank, N.A. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attn: ▇▇▇▇ ▇▇▇▇▇▇, Escrow Services Fax No.: ▇▇▇-▇▇▇-▇▇▇▇ RE: Escrow Agreement dated as of September 13, 2010 (the “Escrow Agreement”) by and among AF Sellco, LLC, a Delaware limited liability company (“Seller”), AgFeed Industries, Inc., a Nevada corporation (“Buyer”), and JPMorgan Chase Bank, National Association (the “Escrow Agent”).
Sellco and the Sellers represent and warrant that none of the Vessels are used for transport between two points situated in France (including Corsica and French overseas departments).
In addition, Sellco shall fully defend, hold harmless, and indemnify Buyco, its Affiliates, and their respective officers, directors, shareholders, and personnel, from any and all liabilities relating to Seller Personnel as referred to above, including reasonable fees and expenses of counsel.
If such supplemental loan documentation is not executed, Sellco shall continue to bear all costs and liabilities associated with such Credit Facility, and in particular and without limitation shall be responsible for the prepayment of such Credit Facilities and any costs in connection with such prepayment or termination of such Credit Facility.
Brookfield Property REIT Inc., a Delaware corporation (“BPR”), BPR Cumulus LLC, a Delaware limited liability company and indirect subsidiary of BPR, BPR Nimbus LLC, a Delaware limited liability company and indirect subsidiary of BPR, and GGSI Sellco, LLC, a Delaware limited liability company and indirect subsidiary of BPR (each, an “Issuer” and together, the “Issuers”), promise to pay interest on the principal amount of this Note at 5.750% per annum from ________________, 20__, until maturity.
Neither Buyco nor any of its Affiliates shall have any obligation under or in regard to this Agreement or the transactions contemplated hereby to provide employment to any of personnel of Sellco, the Sellers, or their respective Affiliates (collectively, “Seller Personnel”).