Seller Funds definition

Seller Funds means all checks, drafts, instruments, cash and other items that, in each case, are not Collections, and that at any time are received for deposit into a Seller Account.
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Seller Funds has the meaning given in Section 9.4.3.
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Seller Funds means all checks, drafts, instruments, cash and other items that, in each case, are not Collections, and that at any time are received for deposit into a Seller Account or Approved Account.
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Examples of Seller Funds in a sentence

  • Some fall within the category of monetary benefits and some in the category of non-monetary benefits.

  • Share Purchase Agreement, dated as of November 10, 2015, among LGIL, DLIL, the Seller Funds and, solely for purposes of Section 5.03 thereof, Liberty Global and Discovery (incorporated herein by reference to Exhibit 99.1 to the Amendment No. 20 to Schedule 13D filed by MHR Institutional Partners III LP, MHR Institutional Advisors III LLC, MHR Fund Management LLC, MHR Holdings LLC and Dr. Rachesky with the SEC on November 13, 2015).

  • Now that GWGH is in severe financial distress and on the verge of bankruptcy, Holland and Turvey cannot be trusted to act in the best interests of the PCA Seller Fund Exchange Trusts, and to maximize the value of the GWGH securities held by the PCA Seller Fund Exchange Trusts, and then to liquidate those securities so that cash can be distributed to the PCA Seller Funds.

  • But the PCA Seller Funds lack the ability to invoke, or even protect, their rights as GWGH creditors and shareholders, since Holland and Turvey, as Trust Advisors, control the trusts that still hold the GWGH bonds and common stock.

  • As a result of these events, instead of getting the cash to which they are entitled and for which they bargained, the PCA Seller Funds have been and remain, in effect, long-term creditors and shareholders of GWGH.

  • Under the terms of the December 14, 2018 Amended Acknowledgment referenced above, BEN was supposed to pay the PCA Seller Funds the remaining $25 million cash payment balance within five days of receipt of this $50 million from GWG Life.

  • Appreciated yen affected negatively by ¥7.1 billion year on year.

  • Worse, Holland and Turvey have become hopelessly conflicted, so much so that they cannot be expected to act in the best interests of the trusts and, in turn, the PCA Seller Funds.

  • Amendment to Voting and Standstill Agreement, dated as of June 30, 2016, among the Issuer, the Seller Funds, LGIL, DLIL, Dr. Malone, MHR, Liberty Global and Discovery.

  • Critically, the consideration still owed to the PCA Seller Funds from the transactions currently exists in the form of illiquid securities.


More Definitions of Seller Funds

Seller Funds shall have the meaning set forth in Section 5.17.
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Seller Funds has the meaning specified in Section 3.03(b).
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Seller Funds means Wynnchurch Capital Partners III, L.P., Comvest U.S. Pipe Holdings, LLC, Ocean Avenue Special Situations Fund, L.P., Ocean Avenue Fund II-A, L.P., and their affiliated funds.
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Seller Funds means Oaktree Sellers.
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Seller Funds has the meaning given to such term in Section 7.3 of this Agreement.
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Seller Funds means, collectively, the Fidelity Funds, the Wayzata Funds and Jefferies High Yield Trading, LLC;
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Related to Seller Funds

  • Sellers has the meaning set forth in the preamble.

  • Seller has the meaning set forth in the Preamble.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Seller’s Interest means, at any time, a “seller’s interest” as defined in, and calculated in accordance with, Regulation RR.

  • Contributors has the meaning set forth in the initial paragraph hereof.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Buyer has the meaning set forth in the preamble.

  • Purchaser means the organization purchasing the goods.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

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

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Buyer Group has the meaning set forth in Section 15.1.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • Buyer Parties means Buyer, its Affiliates, their members, officers, directors, employees, agents, representatives, successors, and assigns.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Purchased Student Loan means a Financed Student Loan purchased as of the close of business on the last day of a Monthly Collection Period or Collection Period, as applicable, by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Seller pursuant to Section 3.02 of the Loan Sale Agreement.

  • Sale Assets is defined in Section 5.2(a)(ii).

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

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Purchased Items shall have the meaning assigned thereto in Section 8 hereof.