Vendor Financing definition

Vendor Financing means any Indebtedness provided by any person in connection with the purchase of an Approved Loan Portfolio or Existing Loan Portfolio, either directly or indirectly, to a Portfolio Owner.

Vendor Financing means the financing entered into with any vendor or supplier (or any financial institution acting on behalf of or for the purpose of directly financing purchases from such vendor or supplier) to the extent the Indebtedness thereunder is incurred for the purpose of financing the cost (including the cost of design, development, site acquisition, construction, integration, manufacture or acquisition) or maintenance of personal property (tangible or intangible) used, or to be used, in a Related Business.

Vendor Financing refers to the $500 million payment-in-kind note to be issued by Altice US Holding I S.à x.x., a private limited liability company (société à responsibilité limitée) incorporated and existing under the laws of the Grand Duchy of Luxembourg, on the Completion Date in connection with the financing of the Acquisition.

Examples of Vendor Financing in a sentence

• Virgin Media Vendor Financing Notes III Designated Activity Company and Virgin Media Vendor Financing Notes IV Designated Activity Company (together the 2020 VM Financing Companies) have issued an aggregate £1,269.4 million equivalent in notes maturing in July 2028.

• The appellant has actually earned interest from Vendor Financing and on account of delayed payments by the operators in the relevant previous year.

• VZ Vendor Financing can request the Financing Facility to be repaid by VodafoneZiggo, as additional vendor financed receivables become available for purchase.

• To the extent that the proceeds from the Vendor Financing Notes exceed the amount of vendor financed receivables available to be purchased, the excess proceeds will be used to fund VodafoneZiggo’s Financing Facility.

• The net proceeds from these notes will be used by VZ Vendor Financing to purchase from various third parties certain vendor financed receivables of VodafoneZiggo and its subsidiaries.

More Definitions of Vendor Financing

Vendor Financing means the provision of financial assistance to a third party institution which finances any customer of any member(s) of the Group;

Vendor Financing means any Financial Indebtedness of a member of the Group to a vendor of equipment (or its Affiliate) in respect of or arising under or in connection with the supply of equipment by such vendor to a member of the Group on arms' length terms (or better).

Vendor Financing means any financing or other credit or deferred payment arrangement provided by a supplier, manufacturer or lessor of Telecommunications Assets or any Affiliate thereof.

Vendor Financing means financing provided by an equipment supplier, equipment manufacturer, company or contractor.

Vendor Financing means a loan to be provided by the Vendor or its affiliates to the Owner pursuant to documentation acceptable to both parties.

Vendor Financing means any Indebtedness permitted under Section 4.03(c)(xvii) but only to the extent such Indebtedness is owing to the manufacturer of the Satellites.

Vendor Financing means financing made available by vendors to finance equipment and/or plant included in the Mill on extended pay terms.