Initial Principal Amount. The Notes will be initially issued in an aggregate principal amount of $300,000,000.
Initial Principal Amount. The Senior Notes will be initially issued in an aggregate principal amount of $600,000,000.
Initial Principal Amount. Note Interest Rate; --------------------------------------------- Scheduled Maturity Date; Final Maturity Date. The Notes of each Class of -------------------------------------------- the Series 1997-1 shall have the initial principal amount, bear interest at the rates per annum and shall have Scheduled Maturity Dates and Final Maturity Dates as set forth below: Initial Note Principal Interest Scheduled Final Class Amount Rate Maturity Date Maturity Date ------ --------- --------- -------------- ------------------ A-1 $ 65,800,000 5.97 % December 26, December 26, 2000 1998 A-2 $ 82,639,254 6.04 % March 25, 2000 March 25, 2002 A-3 $ 66,230,948 6.07 % March 25, 2001 March 25, 2003 A-4 $ 65,671,451 6.15 % March 25, 2002 March 25, 2004 A-5 $ 96,537,839 6.19 % September 25, September 25, 2005 2003 A-6 $197,584,137 6.31 % September 25, September 25, 2008 2006 A-7 $ 83,536,371 6.37 % December 26, December 26, 2009 2007 -------------------------------------------------------------------- The Note Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.
Initial Principal Amount. Pledgor Issue Date Maturity Date Interest Rate Pledged Entity Class of Stock Certificate Number(s)
Initial Principal Amount. $___________ for the Class A-1 Notes (the "Class A-1 Initial Principal Amount"), $___________ for the Class A-2 Notes (the "Class A-2 Initial Principal Amount"), $___________ for the Class A-3 Notes (the "Class A-3 Initial Principal Amount"), $___________ for the Class A-4 Notes (the "Class A-4 Initial Principal Amount"), $___________ for the Class A-5 Notes (the "Class A-5 Initial Principal Amount," together with the Class A-1 Initial Principal Amount, the Class A-2 Initial Principal Amount, the Class A-3 Initial Principal Amount and the Class A-4 Initial Principal Amount, the "Class A Initial Principal Amount"), $___________ for the Class B Notes (the "Class B Initial Principal Amount"), $___________ for the Class C Notes (the "Class C Initial Principal Amount"), $___________ for the Class D Notes (the "Class D Initial Principal Amount") and $___________ for the Class E Notes (the "Class E Initial Principal Amount"). See "Description of the Notes."
Initial Principal Amount. The Parties agree that, as of the date of this Agreement, the amount of the aggregate unpaid principal of the Outstanding Notes is $11,796,525 (the "Initial Principal Amount"). On the terms and subject to the conditions of this Agreement, the Company agrees to issue to Digi, a note of the Company in the form of Exhibit 1 hereto and in a principal amount equal to the Initial Principal Amount, in consideration of, and in full satisfaction of, the Initial Principal Amount owed by the Company to Digi under the Outstanding Notes. (The Initial Principal Amount is subject to increase from time to time, as described in Section 3.1(b)
Initial Principal Amount. On the terms of and subject to the conditions of this Agreement, the Company agrees to issue to Digi a note of the Company in the form of Exhibit 2, which note, and any notes issued in exchange or in substitution therefor, shall be referred to herein as "Note B." The initial principal amount of this Note shall be One Million Eight Hundred Two Thousand Six Hundred Twenty Six dollars ($1,802,626) in consideration of, and in complete satisfaction of, the following amounts owed by the Company to Digi:
(i) $1,432,626 which the Parties agree is the amount of the aggregate unpaid accrued interest on the Outstanding Notes; and
(ii) $370,000, which is the amount agreed by the Parties to be paid to Digi in consideration of certain lease guarantees provided by Digi for the benefit of the Company from time to time prior to the date of this Agreement, and of the Equipment Lease. The Initial Principal Amount is subject to increase from time to time, as described in Section 3.2(b) below.
Initial Principal Amount. 13 interest............................................................13
Initial Principal Amount. The Parties agree that, as of the date of this Agreement, the amount of the aggregate unpaid principal of the Outstanding Notes is $11,796,525 (the "Initial Principal Amount"). On the terms and subject to the conditions of this Agreement, the Company agrees to issue to Digi, a note of the Company in the form of Exhibit 1 hereto and in a principal amount equal to the Initial Principal Amount, in consideration of, and in full satisfaction of, the Initial Principal Amount owed by the Company to Digi under the Outstanding Notes. (The Initial Principal Amount is subject to increase from time to time, as described in Section 3.1(b) below.) Such note, and any notes issued in exchange or in substitution therefor shall be referred to herein as "Note
A. The unpaid accrued interest on the Outstanding Notes as of the Closing Date (as defined in Section 4 below) will become additional principal of Note B (as defined in Section 3.2 (b) below).
Initial Principal Amount. Merger Sub hereby agrees to execute the Replacement Promissory Note at the Closing. Immediately following the Closing, the principal amount outstanding under the Replacement Promissory Note shall equal all outstanding amounts (including principal and interest) under the Original Promissory Note at the time of Closing plus the First Advance (as defined under Section 7.13(a)), if any; provided, however, that if the principal amount of the Replacement Promissory Note as of the Closing Date exceeds $2,000,000 (the "Cap"), there shall be either (i) a reduction in the principal amount of the Replacement Promissory Note by an amount equal to the difference between the Replacement Promissory Note and the Cap (the "Closing Credit Amount"), or (ii) an offset against interest due under the Replacement Promissory Note in an amount equal to the Closing Credit Amount, which offset shall be taken against each payment of accrued and unpaid interest due thereunder until the Closing Credit Amount shall be paid in full and; provided, further, that any offset or reduction under subsection (a)(i) and (a)(ii) above, plus any offset or reduction under Section 7.13(b)(ii)(y) and (z), shall be deemed to have occurred prior to June 30, 1999 for purposes of calculating Net Working Capital under this Section 7.12. APS shall have the right to select one of the above-referenced methodologies with respect to such Closing Credit Amount, which amount must be disclosed in writing to Parent on or before the Closing Date. If APS does not make a selection within thirty (30) days, Parent shall then have the right to select one of the above-referenced methodologies with respect to such Closing Credit Amount, which must be disclosed in writing to APS on or before the date on which first interest payment is due under the Replacement Promissory Note. The payment terms of the Replacement Promissory Note shall include interest only payments for a period of twenty four (24) months immediately following the Closing Date, payable quarterly.
