Seller’s Note definition

Seller’s Note. The term “Sellers’ Note” as used in this Agreement shall mean that certain promissory note, dated May 19, 2006, issued by Borrower to the Shareholders, in connection with Borrower’s acquisition of all outstanding shares of capital stock of the Target Companies pursuant to the Acquisition Agreement.

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Seller’s Note has the meaning as set forth in Section 2.2(a).

Seller’s Note shall have the meaning given to such term in Section 4.2 (iii).

Examples of Seller’s Note in a sentence

• Except for filings that may be required under applicable federal and state securities laws in connection with the issuance and sale of the Seller’s Note, all consents, authorizations, orders, filings and registrations which Seller is required to obtain pursuant to the preceding sentence have been obtained or effected on or prior to the date hereof.

• On the Transfer Closing Date, (i) Purchaser shall pay the Transfer Price equal to $60,000.00 in United States dollars by wire transfer of immediately available funds to the Seller (ii) Seller shall deliver to Purchaser the Seller’s Note, duly endorsed to Purchaser.

• All representations, warranties, and agreements of Buyer, Company and Seller made under or pursuant to this Agreement and the Transaction Documents shall survive the Closing Date Until the purchase Price is paid in full pursuant to the Seller’s Note and the Earnout Agreement entered into by the Parties and incorporated herein by reference.

• On the Transfer Closing Date, (i) Purchaser shall pay the Transfer Price equal to $7921.00 in United States dollars by wire transfer of immediately available funds to the Seller (ii) Seller shall deliver to Purchaser the Seller’s Note, duly endorsed to Purchaser.

• On the Transfer Closing Date, (i) Purchaser shall pay the Transfer Price equal to $29,622.00 in United States dollars by wire transfer of immediately available funds to the Seller (ii) Seller shall deliver to Purchaser the Seller’s Note, duly endorsed to Purchaser.

More Definitions of Seller’s Note

Seller’s Note means the promissory note in the principal sum of $25,000,000 with the Buyer, as Maker, and the Seller, as Payee, in the form attached as Exhibit F to this Agreement.

Seller’s Note shall have the meaning set forth in Section 3(d)(i).

Seller’s Note means that certain promissory note in favor of the Seller for $2,125,000, the form of which is attached hereto as Exhibit A.

Seller’s Note means that certain Promissory Note in the aggregate principal amount of Two Million Dollars ($2,000,000) by and between Seller and the Company dated as of December 31, 2006.

Seller’s Note shall have the meaning set forth in Section 2.4(a).

Seller’s Note means the promissory note in the form of Exhibit E.

Seller’s Note means that certain Promissory Note, dated October 15, 2013, issued by Vet Therapeutics, Inc. to ▇▇▇▇▇▇▇ ▇▇▇▇▇, on behalf of the Company Stockholders as the Stockholders’ Representative (as each is defined in the Seller’s Note).