Examples of Qualified Seller in a sentence
In addition, at the time of issuance of any Qualified Seller Subordinated Debt, each Credit Party hereby designates the Revolving Obligations under this Agreement as “Designated Senior Debt” for the purposes of the definition of “Designated Senior Debt” (or any comparable definition) contained in the Qualified Seller Subordinated Debt (or the documentation therefor) and any guarantees of such Qualified Seller Subordinated Debt.
No: 212-466-8248 To Qualified Seller: Name: ...................................
Applicant – An entity, individual or Household, as the case may be, who wishes to obtain a Qualified Purchaser Certificate, and/or a Qualified Seller Certificate, and who wishes to otherwise participate in the Subprogram.
Depending on the specific Pipelines on which capacity is released to Qualified Seller (see Section 1 above), the following points of delivery (and delivery point entitlements) shall be available to Qualified Seller and/or its Agent under O&R’s service agreements with the Pipelines: O&R’s Citygate- Scheduling Point #54 (Columbia), Scheduling Point #40 (Algonquin), Scheduling Point #020293 (Tennessee), and Scheduling Point #600323 (Millennium).
Notwithstanding Section 14.1(c) [Letters of Credit], for any period of the Services Term during which Seller is a Qualified Seller, the amount of the Services Term Letter of Credit shall be reduced by Seller’s then-current Unsecured Credit Amount.