Seller Financing definition

Seller Financing unsecured Debt incurred by one or more Obligors as full or partial consideration for a Permitted Acquisition, which shall be subordinated to the Obligations on terms and pursuant to documentation reasonably satisfactory to the Administrative Agent.

Seller Financing means Indebtedness of the Borrower or a Subsidiary Guarantor issued as consideration to a seller of assets (including equity) pursuant to a Permitted Acquisition.

Seller Financing means financing provided by Seller to or for the benefit of Buyer in an amount equal to seventy-five percent (75%) of the applicable Purchase Price with respect to the applicable Closing, pursuant to the Seller Financing Documents.

Examples of Seller Financing in a sentence

• Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20___.

• Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ Down Payment: $____________________ Interest Rate (per annum): ____% Term: ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing.

• Sum of all financing described in the attached:  Third Party Financing Addendum,  Loan Assumption Addendum,  Seller Financing Addendum $ C.

• Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before [DATE].

• Sum of all financing described in the attached: ❑ Third Party Financing Addendum, ❑ Loan Assumption Addendum, ❑ Seller Financing Addendum $ C.

More Definitions of Seller Financing

Seller Financing means either: (i) the extension of credit to Borrower that enables the Borrower to acquire a majority interest in a Partnership or LLC, (ii) the extension of credit to Borrower by any seller of a majority interest in an existing ambulatory surgery center, which sale is made to Borrower, a Partnership, or an LLC, or (iii) the extension of credit to Borrower by the seller of the assets in a Physician Practice Acquisition.

Seller Financing has the meaning set forth in Section 4.01(f).

Seller Financing. Indebtedness incurred as seller financing.

Seller Financing means in connection with an Exempt Acquisition, the issuance of a promissory note by an Exempt Subsidiary to the seller thereof, the payment of which is not guaranteed by any Credit Party.

Seller Financing means (i) the postpetition financing facilities or arrangements of the Debtors and (ii) any financing facilities or arrangements of the Sellers or their Subsidiaries.

Seller Financing means the sale of a Fund Asset using a structure whereby the Fund sells an Asset to a buyer, and agrees to allow the buyer to pay the Fund for the purchase over a period of time, rather than being paid in full at the time of the sale. Seller Financing may be secured by a note and deed of trust, a mortgage, a contract (recorded or unrecorded), or any other means as determined by the Manager.

Seller Financing means the purchase price payment obligations of the Borrower and the Other Tender Offerors with Pampa Energía S.A., Pampa Participaciones S.A. and Pampa Inversiones S.A. (collectively, the “Pampa Entities”), evidenced by Offer CIESA 1/2016 sent by the Pampa Entities to the Borrower and the Other Tender Offerors on July 18, 2016, and accepted by them on the same date, relating to the purchase of 50% of the Voting Stock of CIESA from the Pampa Entities.