Seller Creditor definition

Seller Creditor is defined in Section 13.7(b).
Sample 1Sample 2
Seller Creditor means Xxxxxx Scientific International Inc., a Delaware corporation, as a lender to or creditor of the Seller or its Subsidiaries, including as the holder of any notes of the Seller or its Subsidiaries. Seller 401(k) Plan: as defined in Section 5.13.
Sample 1
Seller Creditor means each creditor of Sellers with respect to the Seller Indebtedness; and (iv) “Government Note” shall mean, collectively, that certain Promissory Note issued July 5, 2017, by Reliant Care Group, L.L.C., et al., in favor of the United States of America, together with all related guaranties, security agreements and any other credit enhancements supporting the Promissory Note.
Sample 1

Examples of Seller Creditor in a sentence

  • Neither the dissolution nor the bankruptcy of any Seller Creditor will effect a termination hereof.

  • The foregoing shall not limit the right of any such Person (each, a “Seller Creditor”) right to file any claim in or otherwise take any action with respect to any insolvency proceeding that was instituted by any Person other than such Seller Creditor, to the extent such Seller Creditor has not otherwise caused the institution of such proceeding.

  • All claims against the Seller of any Seller Creditor that has instituted or has caused the institution of such a proceeding shall be subordinated to the claims of each Seller Creditor that has not instituted or caused the institution of such a proceeding, and the foregoing agreement shall constitute a “subordination agreement” within the meaning of Section 510 of the Bankruptcy Code.

  • For purposes of the determination of Solvency of Revolution and each Subsidiary thereof, it is expressly understood and agreed that all amounts outstanding under the Seller Note shall be considered to be capital investments made by the Seller Creditor and not treated as Debt.

  • The Seller (Creditor) prepares the bill in the prescribed form (given above).


More Definitions of Seller Creditor

Seller Creditor is defined in Section 13.7(b). “Seller Obligations” means any obligation owed by the Seller to the Collateral Agent, the Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party, any other Affected Party, or any account institution that maintains a Lock-box Account, a Collection Account or the Omnibus Account arising in connection with this Agreement, and each other Transaction Document, whether now or hereafter existing, due or to become due, direct or A-34
Sample 1
Seller Creditor is defined in Section 13.7(b). “Seller Obligations” means any obligation owed by the Seller to the Collateral Agent, the Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party, any other Affected Party, or any account institution that maintains a Lock-box Account, a Collection Account or the OmnibusPayment Account arising in connection with this Agreement, and each other Transaction Document, whether now or hereafter existing, due or to become due, direct or indirect, or absolute or contingent, including, all Indemnified Amounts payable pursuant to Section 12.1. “Service Charge Receivable” means any right to payment from a Person, whether constituting an account, chattel paper, instrument, a payment intangible or a general intangible (as such terms are defined under the UCC), arising from ADT’s providing the Monitoring Services pursuant to a contract and including any payment obligations of such Person with respect thereto. “Servicer” is defined in Section 8.1(a). “Servicing Fee” means in respect of the Receivable Pool, for any day, an amount equal to the product of (i) the Servicing Fee Rate, times the Financed Unpaid Balance of all Pool Receivables at the end of such day, and (ii) 1/360. “Servicing Fee Rate” means 0.50%. “Set-off Party” is defined in Section 13.4. “Settlement Date” means (a) the twentieth (20th) day of each calendar month (or, if such day is not a Business Day, the immediately succeeding Business Day), and (b) on and after the Acceleration Date, each additional day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur daily); provided, that the first Settlement Date shall be April 22, 2020; provided, further, that the last Settlement Date shall be the Final Payout Date. “Settlement Period” means: A-35 SK 28677 0004 8494650 v1726
Sample 1
Seller Creditor means each creditor of Sellers with respect to the Seller Indebtedness; and (iv) “ Government Note ” shall mean, collectively, that certain Promissory Note issued July 5, 2017, by Reliant Care Group, L.L.C., et al., in favor of the United States of America, together with all related guaranties, security agreements and any other credit enhancements supporting the Promissory Note.
Sample 1
Seller Creditor means Revolution.
Sample 1

Related to Seller Creditor

  • Other Creditors shall have the meaning provided in the recitals of this Agreement.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Other Credit Agreement means that certain Credit Agreement, dated as of the Closing Date, between Pledgor, as borrower, the financial institutions as lenders from time to time party thereto and Investec, as Administrative Agent for the lenders.

  • Customer Credit Liabilities means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of the Borrowers entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits of the Borrowers.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Seller has the meaning set forth in the Preamble.

  • Related Liability with respect to any Asset means any liability existing and reflected on the Accounting Records of the Failed Bank as of Bank Closing for (i) indebtedness secured by mortgages, deeds of trust, chattel mortgages, security interests or other liens on or affecting such Asset, (ii) ad valorem taxes applicable to such Asset, and (iii) any other obligation determined by the Receiver to be directly related to such Asset.

  • Seller Party means Seller, any Affiliates of Seller, any direct or indirect subcontractors of Seller or its Affiliates and any of such subcontractors' Affiliates.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Shared Contracts has the meaning specified in Section 4.12(b).

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Purchaser Indemnitees has the meaning set forth in Section 7.02.

  • Actions or Proceedings means any action, suit, proceeding, arbitration or Governmental or Regulatory Authority investigation or audit.

  • Seller Affiliate means any Affiliate of Seller.

  • Buyer Parties has the meaning set forth in the Preamble.

  • Sellers has the meaning set forth in the preamble.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Shared Contract shall have the meaning set forth in Section 2.8(a).