Examples of Seller Loan Documents in a sentence
All the issued and outstanding Equity Interests of the Additional Borrower are owned, directly or indirectly, by the Sponsors, free and clear of Liens except as created by the Security Documents, Liens created under the Seller Loan Documents and non-consensual Permitted Liens).
The closing of the Acquisition contemplated to occur on the Closing Date will occur simultaneously with the making of the Loans hereunder, and no party has waived, without the consent of the Required Lenders, any material condition precedent to their obligations to close as set forth in the Acquisition Documents and the Seller Loan Documents.
The Lenders shall have received fully executed copies of the Acquisition Documents and the Seller Loan Documents, each of which shall be in form and substance satisfactory to each of the Lenders.
The Seller Loan Documents shall be governed by New York law (except with respect to enforcement of remedies under each mortgage (or equivalent), which shall be governed by the laws of the applicable state).
All the issued and outstanding Equity Interests of WLLC are owned by NSULC free and clear of Liens except for Liens created by the Security Documents, Liens created under the Seller Loan Documents and non-consensual Permitted Liens.