Revenue Interest Purchase Agreement definition

Revenue Interest Purchase Agreement means that certain Revenue Participation Right Purchase and Sale Agreement, dated as of the Closing Date, by and between the Borrower and Perceptive Credit Holdings IV, LP (the “Buyer”), including any refinancing or replacement thereof (so long as such (a) such transaction shall be structured as a “true sale” of royalties or revenues or in the form of Indebtedness, (b) such transaction shall not have or provide for any (x) redemption or buy-back obligations or any financial covenants (and, in any event, shall permit the Indebtedness and other Obligations pursuant to the Loan Documents), (y) Lien on any asset of the Borrower or any of its Subsidiaries, except as such Liens substantially similar with the Liens provided for in the Revenue Interest Purchase Agreement entered into on the Closing Date and, subject to the entry into an intercreditor agreement in form and substance satisfactory to the Administrative Agent, or (z) negative pledge restricting incurrence of any Lien on any asset of the Borrower or any of its Subsidiaries (except that such transaction may contain a customary negative pledge on the royalties or revenues sold pursuant to such transaction and the proceeds thereof), (c) the consideration received for such transaction shall not exceed $60,000,000 thereof, and (d) no Default or Event of Default shall have occurred and be continuing or would result therefrom), as amended or otherwise modified from time to time in accordance with this Agreement and the Intercreditor Agreement.
Sample 1Sample 2
Revenue Interest Purchase Agreement means the Revenue Interest Purchase Agreement, dated June 26, 2019, by and among the Company, the Purchasers and a collateral agent, as amended.
Sample 1Sample 2
Revenue Interest Purchase Agreement has the meaning set forth in the recitals hereto.
Sample 1Sample 2

Examples of Revenue Interest Purchase Agreement in a sentence

  • This Agreement, together with the Exhibits and Schedules hereto (which are incorporated herein by reference), and the other Transaction Documents constitute the entire agreement between the parties with respect to the subject matter hereof and supersede all prior agreements (including the Term Sheet and the Interim Revenue Interest Purchase Agreement), understandings and negotiations, both written and oral, between the parties with respect to the subject matter of this Agreement.

  • A Holder may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the Company, except that a Holder may assign any of its rights or obligations under this Agreement to any Eligible Assignee (as defined in the Revenue Interest Purchase Agreement).

  • The transactions under the Revenue Interest Purchase Agreement in respect of the First Purchase shall have been consummated or are being consummated simultaneously herewith.

  • No brokers, finders or financial advisory fees or commissions will be payable by the Company or any of its subsidiaries in respect of the transactions contemplated by this Agreement or the Revenue Interest Purchase Agreement.

  • No brokers, finders or financial advisory fees or commissions will be payable by the Investor in respect of the transactions contemplated by this Agreement or the Revenue Interest Purchase Agreement.

  • All representations and warranties by the Parties contained in this Agreement shall survive the execution, delivery and acceptance thereof by the Parties and the closing of the transactions described in this Agreement and continue in effect until payment of all amounts due to the Purchasers under the Transaction Documents and the termination of the Revenue Interest Purchase Agreement pursuant to its terms.

  • Except as provided in the Revenue Interest Purchase Agreement, each of the Company and the Investor shall bear its own expenses and legal fees incurred on its behalf with respect to this Agreement and the transactions contemplated hereby.

  • The Investor is not relying upon, and has not relied upon, any statement, representation or warranty made by any person, except for the statements, representations and warranties contained in this Agreement and the Revenue Interest Purchase Agreement.

Related to Revenue Interest Purchase Agreement

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—