Second Seller Note definition
Second Seller Note is defined in Section 2.4.1.
Second Seller Note means the Second Note dated as of August 30, 2000 in the initial principal amount of $25,000,000 issued by Holdings in favor of United States Filter Corporation.
Second Seller Note means that certain Second 11% Convertible Junior Subordinated Note dated August 30, 2000 in the original principal amount of $25,000,000, issued by Holdings in favor of United States Filter.
Examples of Second Seller Note in a sentence
If the amounts of the First Seller Note and Second Seller Note are insufficient to address the full Review Restatement Amount, Seller will remain obligated to pay such amount to Purchaser in satisfaction of its obligations hereunder.
More Definitions of Second Seller Note
Second Seller Note has the meaning set forth in Section 2.4(a).
Second Seller Note means that certain Second 11% Convertible Junior Subordinated Note dated August 30, 2000 in the original principal amount of $25,000,000, issued by Holdings in favor of United States Filter. "Senior Bank Purchase Option Agreement" has the meaning set forth in Section 2.3(a)(ii). "Senior Lenders" means collectively The Bank of Nova Scotia, Bankers Trust Company, Deutsche Bank Securities, Inc., Banc One Capital Markets, Inc., and various Lenders to the Credit Agreement, together with their successors and registered assigns. "Senior Loan Facility" means the aggregate loans and facility made by the Senior Lenders to KGI in an aggregate original principal amount of $260,000,000. "Shareholders Agreement" has the meaning set forth in Section 2.4(d). "Strategic Note" means the Capital Call Note held by Strategic Entrepreneur Fund III, L.P. in the original principal amount of $39,282.34. "Subsidiary" shall mean, as to any Person, (i) any corporation more than 50% of whose stock of any class or classes having by the terms thereof ordinary voting power to elect a majority of the directors of such corporation (irrespective of whether or not at the time stock of any class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time owned by such Person and/or one or more Subsidiaries of such Person and (ii) any partnership, association, joint venture or other entity in 7 <PAGE> which such Person and/or one or more Subsidiaries of such Person has more than a 50% equity interest at the time. "SVAR" has the meaning set forth in the preamble. "SVBF" has the meaning set forth in the preamble. "SVBF II" has the meaning set forth in the preamble. "TCP" has the meaning set forth in the preamble. "TCP/Mezzanine Exchange Agreement" has the meaning set forth in Section 2.4(c)(iv). "TCP Purchase Agreement" means that certain Purchase Agreement, dated as of September 26, 2003 by and among Holdings, KGI, as the "Borrower," the Guarantors party thereto, the TCP Purchasers and ▇▇▇▇▇▇▇▇▇▇ Capital Partners, LLC, as collateral agent for the TCP Purchasers, as amended, supplemented, amended and restated or otherwise modified from time to time. "TCP Purchasers" means SVAR, SVBF, SVBF II, the Ares Purchasers, ▇.▇. ▇▇▇▇▇ and Mass Mutual. "TCP Purchase Option Agreement" has the meaning set forth in Section 2.3(b)(ii). "TCP Warrants" shall mean the "▇▇▇▇▇▇▇▇▇▇ Warrants," as defined in the TCP Purchase Agreement. "TCP1 Notes"...