Vendor Loan Note definition

Vendor Loan Note means the vendor note to be issued by the Parent to the Vendor on the Closing Date relating to the Vendor Loan.

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Vendor Loan Note means the vendor loan note with a nominal loan amount of SEK 58,480,000 issued by the Issuer to Hasseludd Holding AB, reg. no. 556394-8313.

Vendor Loan Note means the US$2,000,000 loan note, bearing interest at the LIBOR one-month fixed rate plus a margin of 0.7%, issued to the Seller on Completion by the Guarantor;

Examples of Vendor Loan Note in a sentence

• An Obligor or the Vendor Loan Note Holder or the VLN Security Trustee rescinds or purports to rescind or repudiates or purports to repudiate a Finance Document or evidences an intention to rescind or repudiate a Finance Document in any way which is materially adverse to the interest of the Lenders under that Finance Document taken as a whole.

• The Vendor Loan Note Instrument will, upon its execution, be validly entered into and be and remain in full force and effect and the Vendor Loan Notes will, upon their issuance to the respective Sellers, be validly issued under the Vendor Loan Note Instrument and be and remain fully enforceable in accordance with their terms.

• The Consideration Shares shall be allotted, issued and delivered to M-real (or its nominee(s)) and the M-real Vendor Loan Note shall be issued and delivered to M-real on the Completion Date as provided in paragraphs 1(B) (iv) and (vi) of Schedule 3.

• GLOBAL LAURENTIA S.L.U. /s/ Antonio ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: Antonio ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Director [Signature Page - Vendor Loan Note] IN WITNESS WHEREOF, this Agreement has been executed by the Parties, in two original counterparts which, once duly executed, shall have one sole force and effect, all as of the date first above written.

More Definitions of Vendor Loan Note

Vendor Loan Note means any vendor loan notes issued in connection with an Add-on Acquisition and which constitute part of the aggregate consideration for the Proposed Target, provided that (a) it is subordinated to the obligations of the Group under the Finance Documents, (b) it yield only payment in-kind interest and/or cash interest that is payable after the Final Redemption Date, and (c) has a final maturity date or a final redemption date and when applicable, early redemption dates or instalment dates, which occur after the Final Redemption Date.

Vendor Loan Note means the instrument providing for the payment of €110,000,000 to the Seller to be issued by Luxco 1 or Spain Holdco (or any Affiliate thereof with the consent of the Seller (not to be unreasonably withheld or delayed)) substantially on the terms set out in Schedule XXIV, which amount forms part of the consideration for the transfer of the Shares and the Atento Assets and Liabilities as contemplated in this Agreement.

Vendor Loan Note means the note to be issued at Closing by Esmalglass, S.A.U. (an Affiliate of the Buyer) in favor of Ferro Coverlink S.L.U. (an Affiliate of the Company) in respect of the assignment of an intragroup debt of a principal amount of EUR 9,000,000 between Ferro Coverlink S.L.U. (as lender) and Ferro Spain S.L.U. (as borrower) (the “Intra Group Loan”) to settle a portion of the Closing Purchase Price as set forth in Section 2.5. 

Vendor Loan Note means a vendor loan of up to approximately SEK 13,000,000 issued by the Issuer for the purpose of financing the acquisition of the Condominium Apartments.

Vendor Loan Note. Instrument" means the deed to be entered into constituting the initial amount of $242,000,000 13 per cent. fixed rate guaranteed, secured 2018 Vendor Loan Notes of the Parent, together with any PIK notes constituted by and issued thereunder, as the same may be amended or varied from time to time together with any supplemental deed thereto.

Vendor Loan Note means the vendor loan notes issued pursuant to the terms of the Vendor Loan Note Instrument, which when issued to the Sellers as consideration on Closing will be in the form of equivalent securities issued by the Purchasers and exchanged for Vendor Loan Notes issued by the Issuer pursuant to Section 10.2(e).

Vendor Loan Note. ’ means, prior to their transfer to the Issuer, collectively, the unsecured registered instruments issued on August 29, 2008 and November 4, 2008 by the Guarantor in an aggregate principal amount of A200 million that have been registered on behalf of Franz Haniel & Cie. GmbH, as amended on May 14, 2011, which shall be transferred to the Issuer pursuant to the Vendor Loan Note Purchase Agreement, and, following such transfer, means the replacement loan made pursuant to the terms of the Conversion and Loan Agreement entered into substantially concurrently with the consummation of the Offering.