Seller Note Amount definition

Seller Note Amount has the meaning set forth in Section 2.4(c).
Seller Note Amount means $12,000,000.
Seller Note Amount means $75,000,000.

Examples of Seller Note Amount in a sentence

  • At the Closing, Purchaser shall pay the Purchase Price, minus, the Seller Note Amount, minus the Mexican Transferred Proprietary Rights Price, to the Sellers in accordance with the wire transfer instructions provided by Sellers prior to the Closing in immediately available funds to an account (or accounts) designated by the Sellers in writing not less than three (3) Business Days prior to the Closing Date.

  • In the event that the adjustment resulting from this Section 1.5(d) results in a decrease in the Primary Earn-Out Amount and the Subordinated Convertible Seller Note Amount, such adjustments shall be reflected in an amendment to the Primary Earn-Out Agreement and the Subordinated Convertible Seller Note that in each case is entered into within thirty (30) days of such amounts becoming final pursuant to this Section 1.5(d) .

  • Any decrease to the Purchase Price on account of the adjustment contemplated by this Section 1.5(d)(i) shall be allocated to the Estimated Cash Purchase Price, the Primary Earn-Out Amount and the Subordinated Convertible Seller Note Amount in the Percentages set forth on Schedule 1.5(d)(i) .

  • At the Closing, Seller Parent shall deliver, or cause to be delivered, to Purchaser the following: (i) an amount equal to the Seller Note Amount, by wire transfer in immediately available funds to an account designated in writing by Purchaser and (ii) the instruments and documents set forth in Exhibit D hereto, in each case in a form reasonably acceptable to Purchaser.

  • Any decrease to the Purchase Price on account of the adjustment contemplated by this Section 1.5(d)(i) shall be allocated to the Estimated Cash Purchase Price, the Primary Earn-Out Amount and the Subordinated Convertible Seller Note Amount in the Percentages set forth on Schedule 1.5(d)(i).


More Definitions of Seller Note Amount

Seller Note Amount has the meaning assigned to such term in the Purchase Agreement, with the Seller Note Amount being equal to and constituting an initial principal amount of the Loan of $720,000,000 as of the date of this Agreement.
Seller Note Amount means the unpaid principal under that certain Subordinated Promissory Note issued on January 30, 1995, by the Company to Culligan International Company (the "Payee") in the initial principal amount of $7,500,000 and subsequent notes issued to the Payee as payments of interest (the original note and all notes subsequently issued in respect of such note are the "Seller Notes"), plus all accrued and unpaid interest, and any premiums and penalties payable, on the Seller Notes through the Closing Date.
Seller Note Amount means the $57,313,656 aggregate principal amount of Seller Notes.
Seller Note Amount has the meaning set forth in Section 6.18(b).
Seller Note Amount means $720,000,000.
Seller Note Amount means $2,000,000.00.
Seller Note Amount means $12,600,000.”