Seller Loan Agreement definition

Seller Loan Agreement means the loan agreement entered into between the ProjectCo (as borrower) and the Seller (as lender), pursuant to which the Seller shall advance funds to ProjectCo up to an amount which is equivalent to the Prepayment Amount received from the Purchaser, pursuant to the Seller’s undertaking under Clause ‎3.2(B).

Seller Loan Agreement means Seller’s Amended and Restated Loan and Security Agreement, dated as of December 3, 2021, by and among BuzzFeed, Inc., the borrowers thereto, the guarantors thereto and White Oak Commercial Finance, LLC.

Seller Loan Agreement means the agreement so entitled dated on or about the date of this Supplementary Terms Notice between the Approved Seller, the Trustee and the Manager.

Examples of Seller Loan Agreement in a sentence

• The Seller shall ensure that any Debt advanced to the ProjectCo under the Seller Loan Agreement as referred to in this Clause ‎3.2(B)(2) is fully subordinated to the Stream Obligations further to the Intercreditor Agreement.

• The Project Entities shall not amend, cancel, suspend, terminate or Transfer, in whole or in part, the Seller Loan Agreement, the Seller Offtake Agreement or the Management Services Agreement, where such amendment, cancellation, suspension, termination and/or Transfer would have an adverse impact on a Purchaser’s or the Security SPV’s rights under the Stream Documents, without the prior written consent of the Purchaser.

• Further to the Seller Loan Agreement the Seller shall, in respect of any portion of the Prepayment Amount paid further to Clause ‎3.1, advance Debt to the ProjectCo in an amount (in ZAR) equal to such portion of the Prepayment Amount.

• From each party thereto either (i) the Subordinated Seller Loan Agreement signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page to the Subordinated Seller Loan Agreement) that such party has signed a counterpart of the Subordinated Seller Loan Agreement.

• Other than for the grant of a security interest in the Transferred Assets to the Agent under the Seller Loan Agreement, the Seller has not authorized the filing of, and is not aware of, any financing statements against the Seller that include a description of collateral covering the Transferred Assets other than any financing statement or document of similar import (i) relating to the security interest granted to the Issuer in this Agreement or (ii) that has been terminated.

More Definitions of Seller Loan Agreement

Seller Loan Agreement means the second lien seller term loan agreement in the form attached as Exhibit G, pursuant to which the Seller Loans, if any, will be issued in the aggregate principal amount equal to the Seller Loan Principal Amount as part of the consideration payable by the Purchaser for the Shares and on behalf of the Company in satisfaction of obligations of the Company under certain Option Surrender and Note Agreements as set out herein. For the avoidance of doubt, no Seller Loans shall be made if the Seller Loan Principal Amount is equal to zero.

Seller Loan Agreement shall have the meaning given such term in the ninth WHEREAS paragraph to this Agreement.

Seller Loan Agreement means that certain Loan Agreement dated as of September 1, 2006, as amended, among Bank of America, N.A, Seller, AMG and certain Affiliates of Seller.

Seller Loan Agreement means the Capital Commitment Agreement dated May 22, 1996, as amended by letter dated February 21, 1997, and the related Promissory Note dated June 16, 1997, as amended August 29, 1997 and January 5, 1998, by and between the Company and Seller.

Seller Loan Agreement means the Loan Agreement among the Borrower, its Subsidiaries, and the Seller, dated of even date herewith.

Seller Loan Agreement. The Third Amended and Restated Loan Agreement, dated as of July 30, 1999, amended and restated as of July 19, 2001, second amended and restated as of September 23, 2003 and third amended and restated as of August 1, 2005, and all amendments and supplements thereto, by and among Seller, the Agent, and the other financial institutions party thereto.

Seller Loan Agreement means the Credit Agreement between the Loan Parties and the Seller, dated as of the Effective Date, as the same may be amended, supplemented or modified to the extent permitted by Section 6.10.