Qualified Seller definition

Qualified Seller means a cybersecurity business that:

Qualified Seller means any Person which upon written request of a Borrower is approved by Lender in writing; provided, however that such approval shall be deemed given by Lender if Lender shall fail to object in writing to such Seller within five (5) Business Days after Lender receives written request for approval from a Borrower.

Qualified Seller means a Seller which, at the time of the proposed acquisition, (a) is in substantial compliance with all Requirements of Law and Consumer Finance Laws applicable to such Seller, and (b)(i) has a net worth (as reasonably determined by Borrowers and Lender based upon information publicly available with respect to such Seller) of ****, or (ii) has provided a guaranty of performance of such Seller of such loans under its contractual undertakings with a Borrower, such guaranty having been executed by a Person who has a net worth (as reasonably determined by Borrowers and Lender based upon information publicly available with respect to such Seller) of ****. Additionally, the term "Qualified Seller" shall mean any Person which upon written request of a Borrower is approved by Lender in writing; provided, however that such approval shall be deemed given by Lender if Lender shall fail to object in writing to such Seller within five (5) Business Days after Lender receives written request for approval from a Borrower.

Examples of Qualified Seller in a sentence

• 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).

• Qualified Seller and its Agent also warrant that capacity released hereunder shall be used only to transport gas to which the holder of the capacity also has title.

• O&R shall not be liable to Qualified Seller and/or its Agent in any way for interruptions of service by the Pipelines, but represents that the Released Capacity will be firm, primary delivery point capacity or will be part of a path of firm, primary delivery point capacity to O&R’s Citygate.

• Any requested revisions to the Email Notification must be accepted by O&R by sending a revised Email Notification to Qualified Seller before they will be binding upon the Parties.

• Qualified Seller and its Agent (if any) desires to assume such rights and obligations.

More Definitions of Qualified Seller

Qualified Seller means a taxpayer, as defined under section 290.01, subdivision 6, who sells qualified property to: (1) a corporation or association organized under chapter 308A or, 308B, or 308C, where each person who owns a share or shares in the corporation or association would be entitled to occupy a lot within the qualified property after the sale; (2) a charitable corporation, organized under the laws of Minnesota with no outstanding stock, and granted a ruling by the Internal Revenue Service for 501(c)(3) tax-exempt status, whose members hold residential participation warrants entitling the members to occupy the units in the manufactured home park; or (3) a nonprofit or a representative acting on behalf of residents, as defined by section 327C.015, subdivision 13, who purchases the property on behalf of residents who intend to form a corporation or association as described in clause (1) or (2).

Qualified Seller means a Medallion Holder who meets the requirements of Section 1116(a)(1).

Qualified Seller means a Seller that, as of a specified date, has a Credit Rating equal to or better than the Minimum Acceptable Credit Rating.

Qualified Seller means a taxpayer who sells qualified property to a manufactured home park cooperative, a nonprofit organization organized under chapter 317A, or a representative acting on behalf of residents as defined under section 327C.015, subdivision 13.

Qualified Seller means an entity having a valid Qualified Seller Certificate under the Subprogram.

Qualified Seller means a cybersecurity business

Qualified Seller means a seller that is not required to pay or collect and remit sales and use taxes under Subsection (2)(a).