Convertible Subordinated Promissory Note Sample Clauses

Convertible Subordinated Promissory Note. DoveBid shall have executed ---------------------------------------- the subordinated convertible promissory note substantially in the form of Annex III (the "Convertible Subordinated Promissory Note").

Convertible Subordinated Promissory Note dated June 1, 1999, executed by United Surgical Partners International, Inc. in favor of Baylor Health Services, in an aggregate principal amount of $3,287,234. *Pursuant to Section 1(d) of the above note, as long as such note is outstanding, the Borrower must give the holder of the note at least 15 days prior written notice of the record or effective date of any dividends to be paid on its capital stock. Exhibit A NOTICE OF ASSIGNMENT AND ACCEPTANCE [Date] TOPS Specialty Hospital, Ltd. _____________________________ _____________________________ _____________________________ Chase Bank of Texas, National Association 000 X. Xxxxxxx Xxxxxxxxxx Xxxxxxxxxx, Xxxxx 00000 Attention: Xxx Xxxxxxxxxx Re: Credit Agreement dated as of June _, 1999 (the "Credit Agreement") between TOPS Specialty Hospital, Ltd. a Texas limited partnership, the Lenders referred to therein, and Chase Bank of Texas, National Association, as Agent for the Lenders Dear Ladies and Gentlemen: We hereby give notice that, effective as of the date hereof, [Name of Assignor] (the "Assignor") has assigned its rights and obligations with respect to _____% (representing $____________) of the Assignor's outstanding Term Loans, representing _____% (representing of the aggregate outstanding Term Loan [Facility A] [Facility B] Commitment and Term Loans (such interest in such rights and obligations being hereinafter referred to as the "Assigned Interest") under the Credit Agreement to (Name of Assignee) (the "Assignee"). The Assignee hereby agrees (i) to become a "Lender" pursuant to Section 9.04 of the Credit Agreement (if not already a Lender under the Credit Agreement) and (ii) agrees to assume all the obligations of the Assignor thereunder with respect to the Assigned Interest. The address for notices, lending office(s) and payment instructions for the Assignee arc as follows: Address for Notices: _____________________________ _____________________________ _____________________________ Attention: Telephone: Telecopier: NOTICE OF ASSIGNMENT Lending Office for Term Loans: _____________________________ _____________________________ _____________________________ Payment Instructions: _____________________________ _____________________________ _____________________________ Please sign and return the enclosed copy of this letter to the undersigned to indicate your receipt hereof, and your consent to or notice of (as applicable) the above-mentioned assignment and assumption, and your agreement to the release...