Note Issuances Clause Samples

The "Note Issuances" clause defines the process and conditions under which a company can issue promissory notes or similar debt instruments to investors. It typically outlines the procedures for offering, subscribing to, and closing on new notes, including any requirements for documentation, payment, and compliance with agreed terms. This clause ensures that all parties understand the mechanisms for raising debt capital through notes, providing a clear framework for future issuances and helping to prevent disputes or misunderstandings regarding the process.
Note Issuances. (a) Subject to the satisfaction or waiver of the -------------- conditions set forth in this Agreement, after the Effective Time and the consummation of all of the transactions contemplated by Section 2.1, Section 2.2 ----------- ----------- and Section
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Note Issuances. Evidence satisfactory to the Administrative Agent that the Company shall have received (i) gross cash proceeds from the issuance of the Senior Notes in an amount not less than $315,000,000, (ii) gross cash proceeds from the issuance of the Senior Subordinated Notes in an amount not less than $90,000,000 and (iii) reasonably satisfactory assurances relating to the Merger, the Credit Documents, the issuance of the Senior Notes and the Senior Subordinated Notes and with respect to Material Local Credit Facilities, all of the foregoing to have been issued on terms and conditions reasonably satisfactory to the Agents.
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Note Issuances. (i) On the Closing Date, the Company shall issue to the Initial Purchaser, and the Initial Purchaser shall be deemed to have purchased, upon the terms and subject to the conditions set forth in this Agreement, a Tranche B Note of the Company in an aggregate principal amount equal to the Tranche B Amount. (ii) On the Closing Date, the Company shall issue to the Initial Purchaser, and the Initial Purchaser shall be deemed to have purchased, upon the terms and subject to the conditions set forth in this Agreement, a Tranche C Note of the Company in an aggregate principal amount equal to the Restructuring Fee Amount. (iii) After the Closing Date, the Company shall not be permitted to request an issuance of any notes and none of the Purchasers shall purchase any additional notes of the Company pursuant to this Agreement.
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Note Issuances. (a) The Corporation has authorized the issuance and sale of the First Note in the principal amount of USD $10,000,000, such Note to be issued at the Closing. (b) The Corporation has authorized the issuance and sale of the Second Note in the principal amount of USD $10,000,000, such Note to be issued on the Second Note Date.
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Related to Note Issuances

  • Subsequent Equity Issuances The Company shall not deliver any Sales Notice hereunder (and any Sales Notice previously delivered shall not apply during such three Business Days) for at least three (3) Business Days prior to any date on which the Company or any Subsidiary offers, sells, issues, contracts to sell, contracts to issue or otherwise disposes of, directly or indirectly, any other shares of Common Stock or any Common Stock Equivalents (other than the Shares), subject to Manager’s right to waive this obligation, provided that, without compliance with the foregoing obligation, the Company may issue and sell Common Stock pursuant to any employee equity plan, stock ownership plan or dividend reinvestment plan of the Company in effect at the Execution Time and the Company may issue Common Stock issuable upon the conversion or exercise of Common Stock Equivalents outstanding at the Execution Time.

  • Equity Issuances In the event that the Borrower shall receive any Cash proceeds from the issuance of Equity Interests of the Borrower at any time after the Availability Period, the Borrower shall, no later than the third Business Day following the receipt of such Cash proceeds, prepay the Loans in an amount equal to fifty percent (50%) of such Cash proceeds, net of underwriting discounts and commissions or other similar payments and other costs, fees, premiums and expenses directly associated therewith, including, without limitation, reasonable legal fees and expenses (and the Commitments shall be permanently reduced by such amount).

  • VALID ISSUANCES The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid, and non-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

  • Issuances The Shares to be issued hereunder will be validly issued, fully paid and nonassessable.

  • Debt Issuances Immediately upon receipt by any Loan Party or any Subsidiary of the Net Cash Proceeds of any Debt Issuance, the Borrower shall prepay the Loans and/or Cash Collateralize the L/C Obligations as hereafter provided in an aggregate amount equal to 100% of such Net Cash Proceeds.