Seller Loans definition

Seller Loans shall have the meaning set forth in Section 4.6.

Seller Loans means the AMT BV Seller Loan and the AMT IP BV Seller Loan collectively;

Seller Loans has the meaning specified in Section 2.02(c) hereof.

Examples of Seller Loans in a sentence

• Also, notwithstanding any other provision contained in this Agreement, the unpaid principal balance of any and all Member Loans and Seller Loans (together with all accrued, unpaid interest thereon) shall be due and payable in full at the closing of the purchase of the Selling Member’s Interest pursuant to this Article 7.

• Such Member Loans and Seller Loans (together with all accrued, unpaid interest thereon) shall be deemed paid to the extent of such offset, with such deemed payment to be applied first to the accrued interest thereon and thereafter to the payment of the outstanding principal amount thereof.

• If the Purchase Price for the Defaulting Member’s Interest is insufficient to fully offset the then unpaid principal balance of any and all Member Loans and Seller Loans (together with all accrued, unpaid interest thereon), then the portion of any such Member Loans and Seller Loans (and accrued, unpaid interest thereon) that remains outstanding following such offset shall be due and payable in full at the closing of the purchase of the Selling Member’s Interest pursuant to this Article 7.

• Prior to the Closing Date, Purchaser and Sellers shall agree upon the forms of the loan documents to be executed by the parties with respect to the Seller Loans (including, without limitation, promissory notes, which shall not be subject to offset) (collectively, the “Loan Documents”).

• The Seller Loans shall be in an amount equal to $3,250,000 with respect to Runaway Bay I, $2,250,000 with respect to Xxxxxx’x Pointe, and $2,200,000 with respect to Xxxx Bridge Crossing.

More Definitions of Seller Loans

Seller Loans has the meaning specified in the Recitals.

Seller Loans has the meaning set forth in Section 3.23.

Seller Loans means (i) those outstanding loans owed to WEAPH by each of ABC and GWYB in the initial aggregate principal amount of S$7,839,000 (seven million eight hundred thirty-nine thousand Singapore Dollars) and (ii) those outstanding loans owed to Yarra Broadcast by each of ABC and GWYB in the initial aggregate principal amount of S$7,911,000 (seven million nine hundred eleven thousand Singapore Dollars), in each case, together with all interest accrued and payable thereon as of the Closing Date, each of which loans was made pursuant to a Shareholder Loan Agreement (the loans referred to in clause (ii) have been transferred by Yarra Broadcast to WEAPH).

Seller Loans means any and all extensions of credit, borrowed money, advances or other amounts owed to any Acquired Company by Seller, including the loans represented by that certain open-term demand promissory note dated January 1, 2017 in the aggregate principal amount of up to $17,500,000.

Seller Loans has the meaning specified in Section 7.9.

Seller Loans. As defined in Section 2.4. "Seller's Knowledge" The actual knowledge of the Persons listed in Schedule 1(a)(v)(A) after due inquiry of the individuals listed in Schedule 1(a)(v)(B). "Selling Subsidiaries" The Asset Selling Subsidiaries and the Share Selling Subsidiaries. "Senior Employee" As defined in Section 4.15(c). "Separate Intellectual Property" As defined in Section 2.1(j)(vii). "September 2006 Statement of Net Assets" As defined in Section 4.6. "Share Purchase Agreements" The Share Purchase Agreements to be executed between the Seller, the Selling Subsidiaries and the Buyer (or their designees) at the Closing, substantially in the form of Exhibits 2.1. "Shares" As defined in the Preamble, and which term shall be deemed to include, from and after the date of the consummation, if any, of the applicable Spin-Off, all of the outstanding capital stock of Nutrition Canada, Nutrition Italy and Nutrition Brazil. "Share Selling Subsidiaries" The Subsidiaries of the Seller listed in Schedule 1(a)(vi). "Significant Countries" United States, Spain, Germany, Japan, Canada, France, Australia, Italy, Taiwan and Brazil. "Signing Date" The date of this Agreement set forth on the title page. "Spin-Offs" As defined in the Preamble. "Statutory Accounts" The audited statutory accounts of: (i) Nutrition SAS, Nutrition GmbH Germany and Nutrition AB for the fiscal years ended 31 December 2004 and 2005 and (ii) Nutrition GmbH Austria for the fiscal year ended 31 December 2005. "Straddle Period" Any taxable period beginning on or prior to the Closing Date and ending after the Closing Date.

Seller Loans means the Seller's investment portfolio of loans, including loans to employees and field agents of the Businesses;