Seller Note definition
Seller Note means the promissory note evidencing ▇▇▇▇▇▇▇▇’s repayment obligations in respect of the Seller Loan.
Seller Note has the meaning set forth in Section 2.03(a).
Seller Note means any promissory note or notes issued by a Loan Party to the seller in respect of any Permitted Acquisition as partial consideration in connection with such Permitted Acquisition.
Examples of Seller Note in a sentence
In consideration for Seller causing the Company to retain the Buyer Capital Contribution for the benefit of Buyer, at the Closing, B▇▇▇▇ shall execute and deliver the Seller Note to Seller.
The Parties acknowledge and agree that the Buyer Capital Contribution is being made by Seller on behalf of Buyer in full satisfaction of Seller’s obligation to fund the loan evidenced by the Seller Note.
More Definitions of Seller Note
Seller Note shall have the meaning set forth in Section 1.3(b).
Seller Note means the $600,000,000 aggregate face amount subordinated 8% pay-in-kind note due 2018 of TRW Automotive Intermediate Holdings in favor of an affiliate of Northrop Grumman Corporation, as the same may be amended or refinanced from time to time.
Seller Note means that certain promissory note dated as of January 12, 2018 issued by GD Development Corporation, a Delaware corporation, in favor of GEODynamics B.V. in the original principal amount of $25,000,000.
Seller Note means the subordinated Indebtedness in an aggregate principal amount of $600,000,000 issued on the Closing Date by Intermediate Holdings and evidenced by a note in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.
Seller Note means any unsecured promissory note (and any guarantee thereof) issued by one or more Credit Parties (or any Subsidiary of a Credit Party organized for purposes of the corresponding Permitted Acquisition, which as a part of such Permitted Acquisition will contemporaneously be merged with or into a Credit Party or otherwise will become a Credit Party promptly thereafter in accordance with this Agreement) in favor of a seller in connection with a Permitted Acquisition in an aggregate principal amount not to exceed the purchase price in respect of such Permitted Acquisition.
Seller Note shall have the meaning specified in Section 2.2.
Seller Note means the promissory note to be issued by the Seller Note Issuer at the Closing, substantially in the form attached hereto as Exhibit K.