Seller Subordinated Notes means, collectively, the unsecured promissory notes issued by any Loan Party to any seller in connection with a Permitted Acquisition which are expressly subordinated and made junior to the payment and performance in full of all the Obligations in accordance with a subordination agreement substantially in the form of Exhibit D.
Seller Subordinated Notes means, collectively, the unsecured promissory notes issued by any Loan Party to any seller in connection with a Permitted Acquisition which are expressly subordinated and made junior to the payment and performance in full of all the Obligations in accordance with a subordination agreement substantially in the form of Exhibit O.
Seller Subordinated Notes means, collectively, the Existing Seller Subordinated Notes and any Additional Seller Subordinated Notes.
Examples of Seller Subordinated Notes in a sentence
Since the economic reforms, the party and state have suspended financial support to the media.
Holdings and Company have delivered to Syndication Agent and Administrative Agent complete and correct copies of (i) each document evidencing the Existing Seller Subordinated Notes and the Existing Earn-Out Obligations and (ii) copies of any amendment, restatement, supplement or other modification to or waiver of any such document entered into after the date hereof.
The Seller Subordinated Notes are payable in one lump sum on June 7, 2011, the maturity date.
In connection with the acquisition, the Company issued $15,750,000 of Seller Subordinated Notes.
The application requested a first time Minnesota education license in regular teaching.
More Definitions of Seller Subordinated Notes
Seller Subordinated Notes means Indebtedness of any Borrower or any of its Subsidiaries owing to the seller in any Permitted Acquisition so long as (i) at the time of the issuance of such Indebtedness, no Default or Event of Default then exists or would result therefrom, (ii) such Indebtedness is unsecured and is subordinated to the Obligations on a basis reasonably satisfactory to Administrative Agent, and (iii) such Indebtedness does not have any required amortization, maturity, sinking fund payment or similar requirement, or any cash interest payment requirement, in any case prior to the date that is one year after the Final Maturity Date.
Seller Subordinated Notes means the Borrower’s 6% Seller Subordinated Notes due December 20, 2010.
Seller Subordinated Notes means the Seller Senior Subordinated Note, the Seller Junior Subordinated Note and any other subordinated note issued to Schlumberger Limited or any other Person by Tokheim in payment of, or to finance payment of, a portion of the purchase price for the Schlumberger Acquisition in each case as amended, restated or otherwise modified from time to time in accordance with Section 6.27 and shall include the Roll-Over Notes (as defined ------------ in the Seller Senior Subordinated Notes).
Seller Subordinated Notes means Holdings' 12% Pay-in-Kind Notes due 2009.
Seller Subordinated Notes means those certain Subordinated Promissory Notes dated March 4, 1991 in the aggregate original principal amount of $1,650,000 made by IRS in favor of IRS Seller, the Accurate Subordinated Note, the May Fab Seller Notes, the Teem Note and the May Distributing Seller Notes.
Seller Subordinated Notes means the Borrower’s 6% Seller Subordinated Notes due December 20, 2010 in an initial outstanding aggregate principal amount of approximately $39,900,000, together with additional Seller Subordinated Notes issued in lieu of cash interest thereon in accordance with the terms thereof.
Seller Subordinated Notes means any seller subordinated notes received by the Borrower or any of its Subsidiaries in connection with the sale of marine vessels pursuant to Section 6.05(g)(i).