Trade Vendor definition
Examples of Trade Vendor in a sentence
Collectively, that certain Trade Vendor Extension Agreement to be entered into by and between the Borrower, Prentice Capital Management LP or one of its Affiliates, and certain Suppliers, as contemplated by the Trade Vendor Term Sheet, the Trade Vendor Term Sheet and any notes or other documents and agreements entered into in connection therewith.
The Borrower will promptly notify the Administrative Agent and each of the Lenders in writing of the occurrence of (a) any Default or Event of Default hereunder, (b) any Default or Event of Default under and as defined in the Senior Credit Agreement and (c) any Default or Event of Default under and as defined in the Trade Vendor Extension Agreement.
The collateral trustee appointed to act on behalf of the Suppliers, as set forth in the Trade Vendor Extension Agreement.
Except for the Trade Vendor Exception and as set forth on Schedule 3.2, as of the Closing Date, neither Sellers nor the Company is or will be required to give any notice to or obtain any Consent from any Person in connection with the execution and delivery of this Agreement or the consummation or performance of any of the Contemplated Transactions.
Treatment of Trade Vendor Claims Ordinary course trade vendors will have their ordinary course trade vendor claims paid in full on the Effective Date or otherwise in the ordinary course of business, provided that the Debtors may require in their discretion that such trade creditors agree to continue to provide goods or services to the Company on customary credit terms after the Effective Date.
In no event shall any Trade Vendor have the right to receive more than the amount of Trade Obligations owed to such Trade Vendor.
The Borrower will promptly notify the Administrative Agent and each of the Lenders in writing of the occurrence of (a) any Default or Event of Default hereunder, (b) any Default or Event of Default under and as defined in the Senior Credit Agreement, and (c) any Default or Event of Default under and as defined in the Trade Vendor Extension Agreement (including, without limitation, any promissory notes issued thereunder).
The Trustee acknowledges and agrees that the Company shall be entitled to enforce the provisions of this Section 9.01(b) by specific performance and injunctive relief in the event of any breach thereof by the Trustee, any Trade Vendor or any other Person.
Collectively, that certain Amended Trade Vendor Extension Agreement entered into by and between the Borrower, Prentice Capital Management LP, and certain Suppliers, as contemplated by the Trade Vendor Term Sheet, the Trade Vendor Term Sheet and any notes or other documents and agreements entered into in connection therewith, as such notes or other documents and agreements may have been amended prior to the date hereof.
Except for the Trade Vendor Exception, each of the Consents identified in Schedule 3.2 must have been obtained and must be in full force and effect.