Examples of Seller Advance in a sentence
Seller Advance Reduced): the amount of the then outstanding Seller Advances will be reduced by the amount of such book entry on the Distribution Date, without the Trustee needing to make the corresponding payment under clause 10.3(a).
Seller, Advance and the Investors have agreed to amend and restate the Stockholders Agreement of Advance dated as of April 15, 1998 (the "Stockholders Agreement") regarding certain rights of the parties post Closing, ----------------------- including certain rights with respect to the registration of the Merger Shares acquired by Seller hereby substantially in the form of Exhibit A.
Each of Purchaser and Seller shall cooperate so as to cause the Company, concurrently with the Closing, to immediately use such capital contribution and such proceeds to repay in full the amount outstanding under the Existing Seller Advance Facility Agreement and to repay the Closing GS Interco Payable.
With respect to the Days Inn Surfside Loan and the first Distribution Date, the Seller shall be deemed to have advanced during the first Collection Period $52,918 in respect of such Mortgage Loan (the "Deemed Seller Advance").
For purposes of this Section 9.1, the addresses of the parties for all notices are as follows (unless changed by similar notice in writing given by the particular party whose address is to be changed): If to Seller: Advance Self Storage, LLC 00000 Xxx Xxxxx Xx., #0000 Xxxxxx, XX 00000 Attn: Xxxxx X.
Each Other Second Lien Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (which shall constitute a Term C Advance and together with each Seller Advance, collectively, an “Advance”) to the Borrower on the Effective Date in an amount not to exceed such Other Second Lien Lender’s Commitment at such time.
In furtherance of and not in limitation of the foregoing, each of Seller and Purchaser agrees to make or cause to be made an appropriate filing of any Notification and Report Form required pursuant to the HSR Act and to negotiate as promptly as practicable definitive documents reflecting the terms of the Partial Seller Advance Facility (as set forth in Exhibit B) and the Full Seller Advance Facility (as set forth in Exhibit B).