Subordinated Seller Notes definition

Subordinated Seller Notes means the Subordinated Seller Note due 2003 and the Subordinated Seller Note due 2004.
Subordinated Seller Notes means the promissory notes in the aggregate principal amount of €15,000,000 to be issued by Purchaser in favor of Seller at the time of the consummation of the Target Acquisition pursuant to the Target Purchase Agreement, as the same may be amended, restated or otherwise modified from time to time in accordance with this Agreement.
Subordinated Seller Notes subordinated notes of Holdings in an initial aggregate principal amount of $9,000,000 issued to Raytheon (as amended, supplemented or otherwise modified from time to time in accordance with the terms hereof).

Examples of Subordinated Seller Notes in a sentence

  • No Company or Subsidiary thereof shall amend or modify the terms of the Subordinated Seller Notes or the Senior Debt in any manner that would reasonably be expected to have a Material Adverse Effect.

  • We have existing obligations relating to our 10 ¼% Senior Notes, Term Loan, Subordinated Seller Notes, and Series A Convertible Preferred Stock.


More Definitions of Subordinated Seller Notes

Subordinated Seller Notes means (i) the subordinated promissory note in the original aggregate principal amount of $5,000,000, (ii) the limited recourse subordinated promissory note in the original aggregate principal amount of $5,000,000 and (iii) the subordinated promissory note (the "Contributor Short-Term Subordinated Note") in the original aggregate principal amount $3,000,000, in each case issued to Terexx xx the Parent in connection with Reorganization.
Subordinated Seller Notes means, collectively, the promissory notes issued to any holder of Equity Interests in NSS in connection with the NSS Merger in an aggregate principal amount not in excess of $5,500,000 and containing terms and conditions satisfactory to the Administrative Agent, including, without limitation, terms and conditions relating to interest payments, repayment of principal and subordination of the Indebtedness evidenced thereby to the Obligations.
Subordinated Seller Notes the subordinated notes of Holdings ------------------------- issued on the Closing Date to the Seller.
Subordinated Seller Notes means those notes set forth on Schedule 1.1B hereto. “Subsidiary” means any corporation, partnership, limited liability company or entity of which any Company owns or holds, directly or indirectly, a greater than 50% voting or economic interest, if any. “Tax” and “Taxes” means any tax (including any income tax, franchise tax, capital gains tax, estimated tax, gross receipts tax, value added tax, surtax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, business tax, occupation tax, inventory tax, occupancy tax, withholding tax or payroll tax), levy, assessment, tariff, impost, imposition, toll, duty (including any customs duty), deficiency or fee, and any related charge or amount (including any fine, penalty or interest), imposed, assessed or collected by or under the authority of any Governmental Authority. “Total Funded Senior Debt” means, for Emtec and its consolidated Subsidiaries, the sum of all: (i) Senior Debt, (ii) Indebtedness under the Note and (iii) retention bonuses owed under the terms of acquisition agreements (including without limitation the Gnuco Acquisition Agreement) and related documents, minus cash. 12 “Trademarks” means (a) all trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks, logos and other source or business identifiers, and the goodwill associated therewith, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any state thereof or any other country or any political subdivision thereof, or otherwise, and (b) all renewals thereof. “Trademark License” means any agreement, written or oral, providing for the grant by or to any Person of any right to use any Trademark. “Trade Secrets” means all common law and statutory trade secrets and all other confidential information or other non-public information, whether or not reduced to a writing or other tangible form including, without limitation, patterns, designs, plans, product road maps, specifications, compilations, programs, devices, schematics, technology, methods, inventions, discoveries, improvements, concepts, ideas, drawings, analytics, techniques, processes and procedures, working notes and memos, market studies, consultant reports, know-how, research, customer lists, market...
Subordinated Seller Notes any notes issued by Holdings or any of its Subsidiaries to the former owners of companies acquired pursuant to Permitted Acquisitions which are (i) subordinated to at least the same extent as the obligations of the Borrower in respect of the Senior Subordinated Notes or (ii) subordinated pursuant to other subordination provisions acceptable to the Administrative Agent.
Subordinated Seller Notes the notes set forth on the attached ------------------------- Schedule 7.2(d). ---------------
Subordinated Seller Notes means those notes set forth on Schedule 1.1B hereto.