Examples of Existing Seller in a sentence
The subordination provisions of the Existing Seller Note and any Permitted Seller Notes are enforceable against the holders thereof, and the Loans and other monetary Obligations hereunder are and will be within the definition of "Senior Indebtedness" included in such provisions.
The nature and outstanding balances of the Existing Seller Acquisition Debt identified on Schedule 3.01(m) attached hereto is true and accurate in all respects and the Company is not in default with respect to any of the Existing Acquisition Seller Debt.
This joint representation included in its scope all matters prior to the Closing in which a Party or another member of its Group was represented by any of the Existing Seller Counsel.
Pursuant to the Assignments, Existing Seller thereby assigns and Joining Seller thereby assumes all of the rights and obligations as Seller with respect to all Purchased Assets subject to outstanding Transactions as of the date hereof.
The Parties have previously been jointly represented by the Existing Seller Counsel in various legal matters of common interest.
At the end of each exhibit, the books are closed and checks will be sent out to everyone that sold items since the last show closed.
From and after the Closing, certain Existing Seller Counsel will remain employees of one or more members of the Seller Group and provide legal services to and represent only the Seller Group (“Seller Counsel”), and certain Existing Seller Counsel will become employees of one or more members of the NewCo Group and provide legal services to and represent only the NewCo Group (“NewCo Counsel”).
Holdings and Company have delivered to Syndication Agent and Administrative Agent complete and correct copies of (i) each document evidencing the Existing Seller Subordinated Notes and the Existing Earn-Out Obligations and (ii) copies of any amendment, restatement, supplement or other modification to or waiver of any such document entered into after the date hereof.
Holdings and the Borrower have delivered to the Administrative Agent complete and correct copies of (a) each document evidencing the Existing Seller Subordinated Notes and the Existing Earn-Out Obligations and (b) copies of any amendment, restatement, supplement or other modification to or waiver of any such document entered into after the date hereof.
The Parent will not engage in any activities or operations whatsoever (exclusive of general administrative and other functions required by law) other than owning 99% of the Borrower's membership interests and obligations related thereto and otherwise permitted hereunder, including, without limitation, being obligated under the Existing Seller Notes and the Permitted Seller Debt, entering into this Agreement and the other Credit Documents and performing its obligations hereunder and thereunder.