Acceptable Purchaser means each Person set forth on Schedule II.
Acceptable Purchaser. (a) Citibank, N.A. or (b) any other nationally recognized provider of receivables financing or supply chain financing consented to by the Agent.
Acceptable Purchaser as used in Section 2.03 hereof, and all rights of first refusal in connection with the concept of "Acceptable Purchaser", shall not be applicable to the 557 Right of First Offer.
Examples of Acceptable Purchaser in a sentence
The parties hereto agree that either the Administrative Agent (on behalf of the Lenders) or the Borrower may request, upon 10 Business Days written notice, a modification to Schedule II to this Agreement, substantially in the form of Exhibit J, to add or delete a Person from such schedule of Acceptable Purchasers (each such notice, a “Proposed Acceptable Purchaser Update”).
Prior to the proposed date for addition or deletion set forth in the Proposed Acceptable Purchaser Update, the Administrative Agent or the Borrower (as applicable) shall approve or reject such proposed update (such approval not to be unreasonably withheld).
More Definitions of Acceptable Purchaser
Acceptable Purchaser has the meaning ascribed to it in Section 9.3(d).
Acceptable Purchaser means a Person that has expressed an interest in purchasing all or substantially all of the Borrower’s assets, or a controlling interest in the Borrower’s common equity, which Person is acceptable (in creditworthiness and otherwise) to the Lender in its sole discretion.
Acceptable Purchaser means each Person set forth on Schedule II. Senior Secured Term Loan Credit Agreement among U.S. Well Services, Inc., USWS Holdings LLC, U.S. Well Services, LLC, the Subsidiary Guarantors, the Initial Lenders, and CLMG Corp. dated as of May 7, 2019Page 2 of 151
Acceptable Purchaser means each Person set forth on Schedule II. “Accepting Lenders” has the meaning specified in Section 2.04(c).
Acceptable Purchaser means, with respect to a Company Sale, a purchaser reasonably acceptable to the Administrative Agent (it being understood that the potential purchaser separately identified in writing by the Borrower to the Administrative Agent on the Sixth Amendment Effective Date is reasonably acceptable to the Administrative Agent).
Acceptable Purchaser shall be deemed to refer to any person or any Affiliate of such person who owns at least one other rental office building in any urban area of the United States, unless such person (or any Affiliate of such person): (i) has ever been convicted of any felony, or (ii) has been indicted on any felony charge during the five (5) years preceding the execution of the Purchase Contract, or (iii) has been the subject of any voluntary or involuntary bankruptcy, insolvency, reorganization or similar proceedings of the type described in Section 14.01 below during the five (5) years preceding the execution of the Purchase Contract (provided that, in the case of an involuntary proceeding, the same shall not have been dismissed within one hundred twenty (120) days after the commencement of such proceeding), or (iv) is a publisher of any books, magazines, other reading matter or computer software designed primarily for children or to educate children (it being understood and agreed that, for the purpose hereof, the term "children" includes all ages below adult, i.e., from infant through teenager), or (v) has at least ten (10%) percent of its consolidated sales generated from publishing of any kind, or (vi) has or operates under a name which is commonly associated with the publishing industry. Within ten (10) days following the execution of any Purchase Contract, and regardless of whether Landlord believes that the Prospective Purchaser is an Acceptable Purchaser, Landlord shall furnish to Tenant such information (the "Purchaser Information") as shall enable Tenant to determine whether the Prospective Purchaser is an Acceptable Purchaser. If Tenant shall, in good faith, dispute Landlord's determination that the Prospective Purchaser is an Acceptable Purchaser, and Landlord and Tenant shall be unable to resolve such dispute within ten (10) days after Tenant receives the Purchaser Information, then the determination as to whether the Prospective Purchaser is an Acceptable Purchaser shall be determined by arbitration in the manner provided in Article 26 below. Pending resolution of such dispute, Landlord shall not be permitted to consummate the sale contemplated by the Purchase Contract and Tenant shall not be permitted to exercise the aforesaid First Refusal Right.