Acceptable Buyer definition
Acceptable Buyer means a third party who (a) has agreed to and does assume the Seller Liabilities in accordance with Section 5.18 and (b) is Sufficiently Funded.
Acceptable Buyer has the meaning specified in Section 6.8(d)(i).
Acceptable Buyer means a potential purchaser that meets the following criteria:
Examples of Acceptable Buyer in a sentence
The obligations in this Section 5.18 will remain operative and in full force and effect until and shall cease to apply from, the earlier of (i) the date that is six (6) years following the Closing Date, and (ii) immediately following the consummation of a Corporate Transaction in accordance with this Section 5.18 with an Acceptable Buyer (which, for the avoidance of doubt, does not include the Post-Closing Reorganization or Proposed Amalgamation).
More Definitions of Acceptable Buyer
Acceptable Buyer means any of Advance/▇▇▇▇▇▇▇▇ Communications Inc., Comcast Corporation, ▇▇▇ Communications Inc., DirecTV Group, Inc., Discovery Communications, Inc., the ▇.▇. ▇▇▇▇▇▇▇ Company, Gannett Company, Inc., Google Inc., The Hearst Corporation, News Corporation, NBC Universal, Inc., SBC Communications Inc., Sony Corporation of America, Time Warner Inc., Univision Communications Inc., Verizon Communications Inc., Viacom Inc., Vivendi Universal, ▇▇▇▇ Disney Co., Liberty Media Corporation and Yahoo! Inc. or any other entity that has a corporate rating of at least BBB by S&P and Baa1 by ▇▇▇▇▇’▇.
Acceptable Buyer has the meaning specified in Section 6.8(d)(i). “2023 Warrant” means the Common Stock Purchase Warrant dated as of the Sixth Amendment Effective Date issued by Holdings, as company, in favor of Cargill Financial Services International, Inc., as holder. “Account Control Agreement” means, with respect to any deposit, securities or commodity account of any Loan Party or any Subsidiary, an account control agreement (including any blocked account agreement) in favor of and in form and substance acceptable to the Lender, duly executed by the parties thereto. “Affiliate” means, with respect to a specified Person, another Person that directly or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified; provided that, except with respect to Section 6.7, the term “Affiliate” (with respect to any Loan Party) shall not include any private equity funds owned or managed by Lion Capital LLP, an English limited liability partnership, or any unrelated portfolio companies of such funds or Lion Capital LLP (other than the Loan Parties and their Subsidiaries).); provided, further, that the term “Affiliate” shall not at any time include the Lender or any of its affiliates. “Aggregate Paragon Consideration” means the aggregate consideration payable under the Paragon Purchase Documents (including, without limitation, purchase price consideration, issuance of equity, payoff of indebtedness, and remittance of funds into escrow). “Agreement” means this Credit Agreement. “Agricultural License” means each License held (or required to be held) by a Loan Party pursuant to any Agricultural Lien Statutes applicable to such Loan Party. “Agricultural Lien Statutes” means, collectively, PACA, PASA, the Food Security Act and all other Applicable Laws that could create or give rise to any Lien, trust, charge, encumbrance or claim, including without limitation any “agricultural lien” (as defined in the UCC), in or against (a) any portion of the “farm products” (as defined in the UCC) or any other agricultural products purchased, stored or otherwise handled by any Loan Party, by any Person from whom any Loan Party purchases goods or by any other Person from
Acceptable Buyer has the meaning specified in Section 6.8(d)(i). “Account Control Agreement” means, with respect to any deposit, securities or commodity account of any Loan Party or any Subsidiary, an account control agreement (including any blocked account agreement) in favor of and in form and substance acceptable to the Lender, duly executed by the parties thereto. “Affiliate” means, with respect to a specified Person, another Person that directly or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified; provided that, except with respect to Section 6.7, the term “Affiliate” (with respect to any Loan Party) shall not include any private equity funds owned or managed by Lion Capital LLP, an English limited liability partnership, or any unrelated portfolio companies of such funds or Lion Capital LLP (other than the Loan Parties and their Subsidiaries).); provided, further, that the term “Affiliate” shall not at any time include the Lender or any of its affiliates. “Aggregate Paragon Consideration” means the aggregate consideration payable under the Paragon Purchase Documents (including, without limitation, purchase price consideration, issuance of equity, payoff of indebtedness, and remittance of funds into escrow). “Agreement” means this Credit Agreement.
Acceptable Buyer means a Person listed on Annex 1 and any other Person approved by the Majority Secured Parties acting reasonably.