Trade Creditor definition

Trade Creditor means each trade creditor or vendor who (a) is continuing or (b) may enter into an agreement with the Debtors, to have an ongoing business relationship with the Debtors as of and after the Effective Date and is not a party to an executory contract or unexpired lease.

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Trade Creditor means a vendor, supplier or other trade creditor of the Debtor.

Trade Creditor means an entity that provided raw materials, goods, inventory or services to a Seller on credit terms, other than pursuant to the type of agreement described in Section 365(c)(2) of the Bankruptcy Code.

Examples of Trade Creditor in a sentence

• To the extent any shares of common stock are being issued to the Trade Creditor, such shares shall be duly authorized, validly issued, fully paid and nonassessable.

• The Trade Creditor is also knowledgeable, sophisticated and experienced in making, and is qualified to make decisions with respect to investments in securities such as this one, including investments in securities issued by the Company and investments in comparable companies, and has the ability to bear the economic risks of the investment.

• The Trade Creditor has received and --------------------- reviewed the Company's Confidential Private Placement Memorandum, dated as of July 12, 2000, as supplemented by the Cumulative Supplement, dated as of August 16, 2000 (including, without limitation, the section captioned "Risk Factors"), and has had an opportunity to discuss the Company's business, management and financial affairs with its management.

• The Trade Creditor is an "accredited investor" as ---------- defined in Regulation D under the Securities Act.

• The Trade Creditor further represents that he, she or it does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participation to any third person with respect to any of the Securities.

• The Trade Creditor covenants that, in the absence of an effective registration statement covering the securities in question, the Trade Creditor will sell, transfer, or otherwise dispose of the Securities only in a manner consistent with such Trade Creditor's representations and covenants set forth herein.

• The Trade Creditor understands that the Securities have not been registered under the Securities Act of 1933 by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent as expressed herein.

• The Trade Creditor is acquiring the Securities for ---------- investment for such Trade Creditor's own account and not with the view to, or for resale in connection with, any distribution thereof.

• The Trade Creditor acknowledges that the Securities -------- must be held indefinitely unless subsequently registered under the Securities Act or an exemption from such registration is available.

• The Trade Creditor understands and acknowledges that the sale of the Securities by the Company to the Trade Creditor will not be registered under the Securities Act on the ground that this sale and the issuance of securities hereunder is exempt from the registration requirements of the Securities Act.

More Definitions of Trade Creditor

Trade Creditor means amount payable at Closing in respect of trade creditors by a Target Company or, in relation to a Business, by the relevant Business Seller in connection with that Business (including, in each case, any Inter Company Debt, customers and trade bills payable and Capital Creditors);

Trade Creditor a Person that supplies goods or services to an Obligor, and such Person’s successors and assigns.

Trade Creditor means a non-Debtor and non-insider vendor, supplier, landlord or other trade creditor of the Debtor supplying goods or services to the Debtor, and any non-Debtor and non-insider Holders of such Claims, and the non-insider Holders of Claims under rejected real property leases.

Trade Creditor means any suppliers of good or services to the Debtors to whom any of the Debtors owe money, including, but not limited to, contractors, vendors, suppliers, professionals, lienors, and any of their advisors, agents, attorneys, associates, or any other person acting on their behalf.

Trade Creditor means each trade creditor or vendor who has entered into an agreement with the Debtors to have an ongoing business relationship with the Debtors as of and after the Effective Date.