Subordinated Seller Notes means the Subordinated Seller Note due 2003 and the Subordinated Seller Note due 2004.
Subordinated Seller Notes means (i) the subordinated promissory note in the original aggregate principal amount of $5,000,000, (ii) the limited recourse subordinated promissory note in the original aggregate principal amount of $5,000,000 and (iii) the subordinated promissory note (the "Contributor Short-Term Subordinated Note") in the original aggregate principal amount $3,000,000, in each case issued to Terexx xx the Parent in connection with Reorganization.
Subordinated Seller Notes means the promissory notes in the aggregate principal amount of €15,000,000 to be issued by Purchaser in favor of Seller at the time of the consummation of the Target Acquisition pursuant to the Target Purchase Agreement, as the same may be amended, restated or otherwise modified from time to time in accordance with this Agreement.
Examples of Subordinated Seller Notes in a sentence
All advances and other credit extensions under the Line of Credit will be used by the Borrower for (i) a portion of the consideration for the Closing Date Acquisition on the Effective Date, (ii) prepayments of principal and interest under the Subordinated Seller Notes after the Effective Date, provided that the conditions for such prepayment set forth in Section 5.10(a) shall have been met, and (iii) working capital or other general business purposes of the Borrower.
More Definitions of Subordinated Seller Notes
Subordinated Seller Notes subordinated notes of Holdings in an initial aggregate principal amount of $9,000,000 issued to Raytheon (as amended, supplemented or otherwise modified from time to time in accordance with the terms hereof).
Subordinated Seller Notes means, collectively, the promissory notes issued to any holder of Equity Interests in NSS in connection with the NSS Merger in an aggregate principal amount not in excess of $5,500,000 and containing terms and conditions satisfactory to the Administrative Agent, including, without limitation, terms and conditions relating to interest payments, repayment of principal and subordination of the Indebtedness evidenced thereby to the Obligations.
Subordinated Seller Notes the subordinated notes of Holdings ------------------------- issued on the Closing Date to the Seller.
Subordinated Seller Notes means the “Subordinated Promissory Notes”, as defined in the Closing Date Acquisition Agreement.
Subordinated Seller Notes any notes issued by Holdings or any of its Subsidiaries to the former owners of companies acquired pursuant to Permitted Acquisitions which are (i) subordinated to at least the same extent as the obligations of the Borrower in respect of the Senior Subordinated Notes or (ii) subordinated pursuant to other subordination provisions acceptable to the Administrative Agent.
Subordinated Seller Notes as defined in the recitals to this ------------------------- Agreement.
Subordinated Seller Notes is defined in Section 6.11(vii).