Existing Note Sample Clauses

Existing Note. Effective as of the Closing Date, the Existing Note shall be deemed automatically canceled and of no further force or effect and shall thereafter represent only the right to receive the New Note.
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Existing Note. Effective as of the date hereof, this Note amends and replaces in its entirety and restates that certain Unsecured Subordinated Note dated January 12, 2011, in the principal amount of $15,000,000 and made by the Maker to the order of the Purchaser (the “Existing Note”). The terms and conditions of this Note supersede, effective as of the date hereof, the terms and conditions of the Existing Note, provided, however, that the obligations incurred under the Existing Note shall continue under this Term Note and shall not in any circumstance be terminated, extinguished or discharged hereby but shall hereafter be governed by the terms of this Note.
Existing Note. This Note amends, restates and continues that certain Convertible Senior Secured Fixed Rate Note made by the Company to the order of the Purchaser in the Principal Amount and dated August 4, 1998 (the “Existing Note”). The terms and conditions of this Note supersede the terms and conditions of the Existing Note, provided, however, that the obligations incurred under the Existing Note shall continue under this Note and shall not in any circumstance be terminated, extinguished or discharged hereby but shall hereafter be governed by the terms of this Note.
Existing Note. The Existing Note shall have been restated and amended to reflect the terms and conditions of this Agreement in form and substance reasonably satisfactory to the Lenders, including, without limitation, to allow for optional prepayment without penalty, provided that, the maturity date for the Existing Note shall not be amended and the Existing Note shall remain subject to the existing subordination agreement between NTL Delaware and the lenders under the Working Capital Facility. In addition, the Company and Guarantors (other than NTL Delaware) shall have executed a secured superpriority guaranty in form and substance satisfactory to the Lenders, of the obligations under the Existing Note on a pari passu basis with the Obligations hereunder, which guaranty shall, in the case of NCC, be subject to the Foreign Subsidiary Subordination Agreement.
Existing Note. The Existing Note shall be prepaid in full or purchased on the earlier of (i) the consummation of the Plan, (ii) December 1, 2002, and (iii) the date on which all Term Loans shall become due and payable in full hereunder, whether by acceleration or otherwise, in a manner reasonably satisfactory to the Requisite Lenders.
Existing Note. An Event of Default shall have occurred under and as defined in the Secured Convertible Note in the original principal amount of $4,000,000 dated February 20, 2004 made by the Borrower in favor of the Holder and/or the Secured Convertible Note in the original principal amount of $2,500,000 dated as of September 24, 2003 made by the Borrower in favor of the Holder (as each may be amended, modified or supplemented from time to time) which shall not have been cured during any applicable cure or grace period.
Existing Note. On the date this Agreement becomes effective, the Existing Note is amended, restated and replaced in its entirety by the Amended and Restated Revolving Note (the "AMENDED NOTE"), made by the Borrower in favor of the Lender substantially in the form of EXHIBIT A to this Agreement, and EXHIBIT A to the Secured Loan Agreement is replaced by EXHIBIT A to this Agreement. Upon receipt of the executed Amended Note, the Lender will mark xxx Existing Note "superseded" and return it to the Borrower.
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Existing Note. An Event of Default shall have occurred under and as defined in the Existing Note which shall not have been cured during any applicable cure or grace period.
Existing Note. Upon the effectiveness of this Agreement, the “Note” as defined in and issued under the Existing Agreement shall be superseded and replaced by the Note issued hereunder, and the note issued under the Existing Agreement shall be deemed cancelled, regardless of whether such note was returned to the Borrower; provided that Bank will use commercially reasonable efforts to locate and return to Borrower for cancellation the original note issued under the Existing Agreement.

Related to Existing Note

  • Convertible Note 9 Section 3.8

  • Replacement Note Upon receipt of evidence reasonably satisfactory to Maker of the loss, theft, destruction or mutilation of this Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Maker or, in the case of any such mutilation, upon surrender and cancellation of this Note, Maker will execute and deliver to Holder in lieu thereof, a replacement note dated as of the date of this Note, identical in form and substance to this Note and upon such execution and delivery all references in the Mortgage to this Note shall be deemed to refer to such replacement note.

  • Existing Agreement Except as expressly amended herein, the Credit Agreement shall remain in full force and effect, and in all other respects is affirmed.

  • Existing Agreements The Executive represents to the Company that he is not subject or a party to any employment or consulting agreement, non-competition covenant or other agreement, covenant or understanding which might prohibit him from executing this Agreement or limit his ability to fulfill his responsibilities hereunder.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Revolving Note The Revolving Loans made by each Lender shall, in addition to this Agreement, also be evidenced by a promissory note of the Borrower substantially in the form of Exhibit K (each a “Revolving Note”), payable to the order of such Lender in a principal amount equal to the amount of its Commitment as originally in effect and otherwise duly completed.

  • Existing Lock-Up Agreement The Company will enforce all existing agreements between the Company and any of its security holders that prohibit the sale, transfer, assignment, pledge or hypothecation of any of the Securities in connection with the Offering. In addition, the Company will direct the Company’s transfer agent to place stop transfer restrictions upon any such Securities of the Company that are bound by such existing “lock-up” agreements for the duration of the periods contemplated in such agreements.

  • Existing Debt Set forth on Schedule 4.01(n) hereto is a complete and accurate list of all Existing Debt, showing as of the date hereof the obligor and the principal amount outstanding thereunder, the maturity date thereof and the amortization schedule therefor.

  • Existing Lock-Up Agreements Except as described in the Registration Statement, the Disclosure Package and the Prospectus, there are no existing agreements between the Company and its security holders that prohibit the sale, transfer, assignment, pledge or hypothecation of any of the Company’s securities. The Company will direct the transfer agent to place stop transfer restrictions upon the securities of the Company that are bound by such “lock-up” agreements for the duration of the periods contemplated therein.

  • NOTE For Community-­‐Based TLDs Only] Obligations of Registry Operator to TLD Community. Registry Operator shall establish registration policies in conformity with the application submitted with respect to the TLD for: (i) naming conventions within the TLD, (ii) requirements for registration by members of the TLD community, and (iii) use of registered domain names in conformity with the stated purpose of the community-­‐based TLD. Registry Operator shall operate the TLD in a manner that allows the TLD community to discuss and participate in the development and modification of policies and practices for the TLD. Registry Operator shall establish procedures for the enforcement of registration policies for the TLD, and resolution of disputes concerning compliance with TLD registration policies, and shall enforce such registration policies. Registry Operator agrees to implement and be bound by the Registry Restrictions Dispute Resolution Procedure as set forth at [insert applicable URL] with respect to disputes arising pursuant to this Section 2.19. Registry Operator shall implement and comply with the community registration policies set forth on Specification 12 attached hereto.]

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