Sellers’ Notes definition

Sellers’ Notes means, collectively, the promissory notes, each dated November 14, 2012, in the aggregate amount of $1,500,000 payable by Silverback to Sellers, which indebtedness constitutes Subordinated Debt.” “ ‘Term Loan A’ has the meaning assigned to such term in Section 2.1(c).”
Sellers’ Notes means any notes or other instruments evidencing any Indebtedness or other obligations of a Borrower to a seller of an Acquired Entity or Business.
Sellers’ Notes the promissory notes of Argexxxxxxx Security to Sellers in the aggregate principal amount of $1,155,000, made pursuant to the Intersec Purchase Agreement." "Sirrom - Sirrom Capital Corporation, a Tennessee corporation." "Sirrom Indebtedness - the indebtedness of U.S. Holdings Guarantor to Sirrom under the Sirrom Loan Agreement." "Sirrom Loan Agreement - that certain Loan Agreement, dated as of July 9, 1996, between U.S. Holdings Guarantor and Sirrom." "Sirrom Warrant - that certain Stock Purchase Warrant dated July 9, 1996, by U.S. Holdings Guarantor in favor of Sirrom."

Examples of Sellers’ Notes in a sentence

  • The 2021 Credit Facility is guaranteed by all of the Company’s subsidiaries and is secured by substantially all of the assets of the Company and its subsidiaries.(2) Sellers’ Notes consist of amounts owed for acquisitions or other purchases.

  • In the civil service, there a total of 182,228 officials, of whom 61,298 are female.

  • Additionally, the settlements will provide for both cash and the Sellers’ Notes to be paid to the Trachte ESOP and to be distributed among the accounts of the participants (other than Defendants).

  • Upon issuance of the license, and closing of the transaction, the Company will receive 100% of the voting units of the Provisionally Licensed Holder in exchange for $100.00 and the acceleration of all outstanding principal and interest due under the Sellers’ Notes.

  • We recognized no comparable interest expense or amorti zation of the discount on the Sellers’ Notes for the three and six months ended June 30 , 2015 due to the retirement of the Sellers’ N otes in September 2014 .


More Definitions of Sellers’ Notes

Sellers’ Notes means, collectively, the Jacor Note, the Charleston Notes and the HMH Note.
Sellers’ Notes means (a) the Promissory Note and (b) any other notes whether outstanding on the date of this Agreement or thereafter created, incurred or assumed, given by Buyer or any Buyer Subsidiary in connection with the acquisition by Buyer or any Buyer Subsidiary of any business, properties, stock or assets to the sellers of such businesses, properties, stock or assets.
Sellers’ Notes. MEANS INDEBTEDNESS (EVIDENCED BY A PROMISSORY NOTE OR NOTES) CONSTITUTING THAT PORTION OF THE DEFERRED PURCHASE PRICE PAYABLE BY LMI IN CONNECTION WITH A PERMITTED ACQUISITION, AND INDEBTEDNESS (EVIDENCED BY A PROMISSORY NOTE OR NOTES) TO SHAREHOLDERS, MEMBERS OR PARTNERS OF A SUBSIDIARY OR A PREDECESSOR OF SUCH A SUBSIDIARY ACQUIRED IN A PERMITTED ACQUISITION THAT ARE CREDITED AGAINST THE PURCHASE PRICE.
Sellers’ Notes means those certain Subordinated Promissory Notes, dated as of the Funding Date, each in the original principal amount of $10,000,000 executed by US Borrower in favor of the Sellers, respectively, as the same may be amended, restated, modified or otherwise supplemented from time to time as permitted hereunder.
Sellers’ Notes mean promissory notes (i) evidencing any future indebtedness of the Borrower which is incurred in connection with the acquisition of plastic surgery or related practices and (ii) which are issued to any or all of the respective sellers of such practices in partial or complete payment of the purchase price therefor.
Sellers’ Notes mean promissory notes (i) evidencing any future indebtedness of the Borrower which is incurred in connection with the acquisition of plastic surgery or related practices and (ii) which are issued to any or all of the respective sellers of such practices in partial or complete payment of the purchase price therefor. "SHAREHOLDER" means each holder of equity securities of Borrower and "SHAREHOLDERS" means all such holders of equity securities. "SUBSIDIARY" shall mean any corporation, partnership or limited liability company of which Borrower owns or controls, directly or indirectly, more than fifty percent (50%) of the voting stock or membership interests (as the case may be) or any partnership, joint venture or other entity or organization in which Borrower owns or controls, directly or indirectly, more than a fifty percent (50%) equity interest. "TAXES" means any present and future income and other taxes, charges, fees, duties, imposts, withholdings and other assessments, together with any interest and penalties, additions to tax and other additional amounts, imposed by any Governmental Authority upon any Person. "WARRANTS" and "WARRANT SHARES" are defined in Section 2.8(a) hereof.
Sellers’ Notes means the US$6,625,000 9% Subordinated Promissory Note issued to Xxxxxxx Xxxxxx in connection with the acquisition by Bromley Acquisition Company, Inc., a Delaware corporation and an indirect wholly owned subsidiary of the Company, of a number of pallet recycling businesses which now form part of the IFCO Group in the United States.