Specified Vendors definition
Examples of Specified Vendors in a sentence
As of the date hereof, none of the Specified Customers, Specified Vendors or Specified Resellers has terminated its relationship with the Company or its Subsidiaries.
The Parties will work to minimize the number of Excluded Inventory Closings and, to the extent practicable, may aggregate the purchase and sale of Excluded Inventory from various Specified Vendors.
The Borrowers shall use their best efforts to consummate settlement agreements with the Specified Vendors on terms the same or substantially the same as has previously been disclosed in writing by the Company to the Purchasers (including payment terms of approximately "25 Cents on the Dollar").
The Sellers and the Company may require the ability to enter into certain compromises and arrangements with the Specified Vendors and other critical vendors or creditors of the Company.
As of the date hereof, none of the Specified Customers, Specified Vendors or Specified Resellers has terminated its relationship with the Company or the Subsidiaries.
Such Loan Party shall not, and shall not permit any of its Subsidiaries to, make or permit to be made any payment to a Specified Vendor if, after giving effect to such payment, the aggregate of all payments made by the Borrower and all of its Foreign Subsidiaries to the Specified Vendors equals or exceeds the amount contemplated by the budget delivered to the Administrative Agent pursuant to Section 3.1(b)(xvi).