Common use of Note Receivable Clause in Contracts

Note Receivable. Allow the Intercompany Note Receivable to be less than a net amount of $240 million plus accrued and unpaid dividends on the Series A Preferred Stock.

Appears in 2 contracts

Sources: Option Agreement (Enron Corp/Or/), Option Agreement (Dynegy Inc /Il/)

Note Receivable. Allow the Intercompany Note Receivable to be less than a net amount of $240 million plus accrued and unpaid dividends on the Series A Preferred Stock.

Appears in 2 contracts

Sources: Subscription Agreement (Dynegy Inc /Il/), Subscription Agreement (Enron Corp/Or/)