Seller Creditor definition

Seller Creditor is defined in Section 13.7(b).
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Seller Creditor means Xxxxxx Scientific International Inc., a Delaware corporation, as a lender to or creditor of the Seller or its Subsidiaries, including as the holder of any notes of the Seller or its Subsidiaries. Seller 401(k) Plan: as defined in Section 5.13.
Sample 1
Seller Creditor is defined in Section 13.7(b). “Seller Obligations” means any obligation owed by the Seller to the Collateral Agent, the Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party, any other Affected Party, or any account institution that maintains a Lock-box Account, a Collection Account or the OmnibusPayment Account arising in connection with this Agreement, and each other Transaction Document, whether now or hereafter existing, due or to become due, direct or indirect, or absolute or contingent, including, all Indemnified Amounts payable pursuant to Section 12.1. “Service Charge Receivable” means any right to payment from a Person, whether constituting an account, chattel paper, instrument, a payment intangible or a general intangible (as such terms are defined under the UCC), arising from ADT’s providing the Monitoring Services pursuant to a contract and including any payment obligations of such Person with respect thereto. “Servicer” is defined in Section 8.1(a). “Servicing Fee” means in respect of the Receivable Pool, for any day, an amount equal to the product of (i) the Servicing Fee Rate, times the Financed Unpaid Balance of all Pool Receivables at the end of such day, and (ii) 1/360. “Servicing Fee Rate” means 0.50%. “Set-off Party” is defined in Section 13.4. “Settlement Date” means (a) the twentieth (20th) day of each calendar month (or, if such day is not a Business Day, the immediately succeeding Business Day), and (b) on and after the Acceleration Date, each additional day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur daily); provided, that the first Settlement Date shall be April 22, 2020; provided, further, that the last Settlement Date shall be the Final Payout Date. “Settlement Period” means: A-35 SK 28677 0004 8494650 v1726
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Examples of Seller Creditor in a sentence

  • Neither the dissolution nor the bankruptcy of any Seller Creditor will effect a termination hereof.

  • For purposes of the determination of Solvency of Revolution and each Subsidiary thereof, it is expressly understood and agreed that all amounts outstanding under the Seller Note shall be considered to be capital investments made by the Seller Creditor and not treated as Debt.


More Definitions of Seller Creditor

Seller Creditor means each creditor of Sellers with respect to the Seller Indebtedness; and (iv) “Government Note” shall mean, collectively, that certain Promissory Note issued July 5, 2017, by Reliant Care Group, L.L.C., et al., in favor of the United States of America, together with all related guaranties, security agreements and any other credit enhancements supporting the Promissory Note.
Sample 1
Seller Creditor means Revolution.
Sample 1
Seller Creditor is defined in Section 13.7(b). “Seller Obligations” means any obligation owed by the Seller to the Collateral Agent, the Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party, any other Affected Party, or any account institution that maintains a Lock-box Account, a Collection Account or the Omnibus Account arising in connection with this Agreement, and each other Transaction Document, whether now or hereafter existing, due or to become due, direct or A-34
Sample 1

Related to Seller Creditor

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Seller has the meaning set forth in the Preamble.

  • Related Liability with respect to any Asset means any liability existing and reflected on the Accounting Records of the Failed Bank as of Bank Closing for (i) indebtedness secured by mortgages, deeds of trust, chattel mortgages, security interests or other liens on or affecting such Asset, (ii) ad valorem taxes applicable to such Asset, and (iii) any other obligation determined by the Receiver to be directly related to such Asset.

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.

  • Seller Party means Seller, any Affiliates of Seller, any direct or indirect subcontractors of Seller or its Affiliates and any of such subcontractors' Affiliates.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Shared Contracts has the meaning specified in Section 4.12(b).

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • Seller Contracts means those Contracts of Seller or any Other Seller that relate primarily to the Business.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Schedule of Assumed Executory Contracts and Unexpired Leases means the schedule of certain Executory Contracts and Unexpired Leases to be assumed (or assumed and assigned) by the Debtors pursuant to the Plan, as the same may be amended, modified, or supplemented from time to time by the Debtors.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Purchaser Indemnitees has the meaning set forth in Section 7.02.

  • Seller Affiliate means any Affiliate of Seller.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Sellers has the meaning set forth in the Preamble.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Shared Contract shall have the meaning set forth in Section 2.8(a).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Buyer Indemnitees has the meaning set forth in Section 8.02.