Seller Note Amount definition

Seller Note Amount has the meaning set forth in Section 2.4(a).

Seller Note Amount means $12,000,000.

Seller Note Amount has the meaning assigned to such term in the Purchase Agreement, with the Seller Note Amount being equal to and constituting an initial principal amount of the Loan of $720,000,000 as of the date of this Agreement.

Examples of Seller Note Amount in a sentence

• Any decrease to the Purchase Price on account of the adjustment contemplated by this Section 1.5(d)(i) shall be allocated to the Estimated Cash Purchase Price, the Primary Earn-Out Amount and the Subordinated Convertible Seller Note Amount in the Percentages set forth on Schedule 1.5(d)(i).

• A loss of $2,858 was recorded in other losses as a result of extinguishment of the Senior Debt.

• As contemplated by the Purchase Agreement and for value received, on the Closing Date and upon the occurrence of the Closing (as defined in the Purchase Agreement), for all purposes hereunder, the aggregate amount of the Seller Note Amount shall, automatically and without further action by any Person, constitute the “Loan” to be paid by the Borrower to the Lender in accordance with the terms hereof.

• In the event that the adjustment resulting from this Section 1.5(d) results in a decrease in the Primary Earn-Out Amount and the Subordinated Convertible Seller Note Amount, such adjustments shall be reflected in an amendment to the Primary Earn-Out Agreement and the Subordinated Convertible Seller Note that in each case is entered into within thirty (30) days of such amounts becoming final pursuant to this Section 1.5(d).

• Buyer shall deliver to each Seller a promissory note in the form attached hereto as Exhibit A (each, a “Seller Note”) in a principal amount equal to the percentage of the Seller Note Amount set forth opposite such Seller’s name on Schedule 1.1 attached hereto.

More Definitions of Seller Note Amount

Seller Note Amount means $2,000,000.00.

Seller Note Amount means the $57,313,656 aggregate principal amount of Seller Notes.

Seller Note Amount means $720,000,000.

Seller Note Amount has the meaning set forth in Section 6.18(b).

Seller Note Amount means the unpaid principal under that certain Subordinated Promissory Note issued on January 30, 1995, by the Company to Culligan International Company (the "Payee") in the initial principal amount of $7,500,000 and subsequent notes issued to the Payee as payments of interest (the original note and all notes subsequently issued in respect of such note are the "Seller Notes"), plus all accrued and unpaid interest, and any premiums and penalties payable, on the Seller Notes through the Closing Date.

Seller Note Amount means $500,000,000.

Seller Note Amount means $75,000,000.