Seller Subordination Agreement definition

Seller Subordination Agreement means that certain Subordination Agreement, dated as of the date hereof, by and among the ABL Agent, the Term Loan Agent and the Subordinated Creditor (as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with such agreement).

Seller Subordination Agreement means, individually and collectively, (a) the Seller Subordination Agreement dated as of the Closing Date among Agent, Innovex and Xxx X. Xxxxxxx, as amended, restated or otherwise modified in accordance with its terms, (b) the Seller Subordination Agreement dated as of the Closing Date among Agent, Innovex and QCI Interests, a Limited Liability Partnership, a Texas limited liability partnership, as amended, restated or otherwise modified in accordance with its terms, and (c) the Seller Subordination Agreement dated as of the Closing Date among Agent, Innovex and Enerserv Services, LLC, a Texas limited liability company, as amended, restated or otherwise modified in accordance with its terms.

Seller Subordination Agreement means the Subordination Agreement dated as of the Initial Closing Date by and among the Sellers, the Original Lenders, the Agent and Parent, substantially in the form of Exhibit H to the Original Securities Purchase Agreement, as the same may be amended, restated, supplemented or otherwise modified.

Examples of Seller Subordination Agreement in a sentence

• Termination or breach of the Seller Subordination Agreement by any Borrower, or if any Borrower attempts to terminate, challenges the validity of, or its obligations under, the Seller Subordination Agreement.

• Each Credit Party acknowledges that the Agent and each Lender is entering into this Agreement and is purchasing the Notes in reliance upon the subordination provisions contained in the Seller Subordination Agreement and the Xxxxx Subordination Agreement.

• The results indicate that the matrix is mainly composed of Mg, which is as same as the study of Ref.

• Borrowers and Lender desire to amend the Loan Agreement on the terms and conditions set forth herein, and Datrek, Xxxx and Lender desire to amend the Seller Subordination Agreement on the terms and conditions set forth herein.

• Borrowers shall have delivered a fully executed Seller Subordination Agreement, in form and substance reasonably satisfactory to Agent.

More Definitions of Seller Subordination Agreement

Seller Subordination Agreement means that certain Subordination and Intercreditor Agreement of even date herewith, by and between Lender and the Seller, as acknowledged by the Borrower.

Seller Subordination Agreement means that certain Subordination Agreement entered into in connection with the Permitted Acquisition in form and substance satisfactory to Lender in its sole and absolute discretion, as the same may be amended, amended and restated or otherwise modified from time to time.

Seller Subordination Agreement means the Amended and Restated Subordination Agreement dated as of November 20, 2013 among Lender, IPP Holding Company, LLC (f/k/a Interpoint Partners, LLC), the Parent and IPP Acquisition, LLC.

Seller Subordination Agreement means the Subordination Agreement dated as of December 7, 2011 between Lender and Interpoint Partners, LLC.

Seller Subordination Agreement means that certain Subordination and Standby Agreement dated of even date herewith between Borrower, Seller and the Bank pursuant to which the Seller Note and any other obligations of Borrower to the Seller are subordinated to the Obligations.

Seller Subordination Agreement means the Subordination and Intercreditor Agreement in substantially the form of Exhibit F hereto, to be entered into by the Administrative Agent, the Seller and the Loan Parties at the time of or prior to the consummation of the Target Acquisition, as the same may be amended, supplemented or otherwise modified from time to time.

Seller Subordination Agreement means a subordination agreement dated as of the Closing Date substantially in the form of Exhibit "J".