Finance Activities definition
Finance Activities means payroll administration, processing of payments to/from third parties, negotiation and processing of purchase orders for the procurement of goods and services, financial record keeping, accounting and taxation matters, and preparation of financial statements and internal financial analysis.
Finance Activities means the making of, entering into, purchase of, or participation in (including syndication or servicing activities), in the ordinary course, (A) secured or unsecured loans, conditional sales agreements, debt instruments or transactions of a similar nature or for similar purposes, (B) non-voting preferred equity investments, and (C) investments as a limited partner in a partnership or as a member of a limited liability company in which another Person who is not an Affiliate is a management member and, in each case, the exercise of any rights or remedies in connection with any such activities (whether such rights or remedies arise under any agreement relating to such activity, under applicable Law or otherwise), including any foreclosure, realization or repossession or ownership of any collateral, business assets or other security for any Finance Activities (including the equity in any entity or business); provided, that, in each case, such transaction is entered into exclusively as a means of financing, including any financing documented in the form of loans or leases or otherwise, an Independent Third Party’s purchase of any products, parts or equipment manufactured, assembled or sold (in each case, in whole or in part) by the Member or any of its Affiliates (the sale of which is not otherwise prohibited by Section 3.19(a)); provided further, that if the exercise of any such remedies results in the acquisition of an After-Acquired Business or an After-Acquired Company, then the provisions of Section 3.19(d)(vi) shall apply.
Finance Activities has the meaning set forth in Section 5.21(d).
More Definitions of Finance Activities
Finance Activities means the making of, entering into, purchase of, or participation in (including syndication or servicing activities), in the ordinary course, (A) secured or unsecured loans, conditional sales agreements, debt instruments or transactions of a similar nature or for similar purposes, (B) preferred equity investments, and (C) investments as a limited partner in a partnership or as a member of a limited liability company in which another Person who is not an Affiliate is a management member and, in each case, the exercise of any rights or remedies in connection with any such activities (whether such rights or remedies arise under any agreement relating to such activity, under applicable Law or otherwise), including any foreclosure, realization or repossession or ownership of any collateral, business assets or other security for any Finance Activities (including the equity in any entity or business); provided, that, in each case, (x) such transaction is entered into as a means of financing, including any financing documented in the form of loans or leases or otherwise, an unaffiliated third party’s purchase of any products, parts or equipment manufactured, assembled or sold (in each case, in whole or in part) by the Sellers or any of their respective Affiliates (the sale of which is not otherwise prohibited by Section 5.21(a)) and (y) such transaction or activities do not grant Seller and its Affiliates the right (through such loans, investments, Contract or otherwise) to direct strategic or policy decisions of such Person; provided, further, that if the exercise of any such remedies results in the acquisition of an After-Acquired Business or an After-Acquired Company, then the provisions of Section 5.21(c) will apply.