Subordinated Promissory Notes. The Term Loan shall be evidenced by a Subordinated Promissory Note in the form attached as Exhibit D hereto (“Subordinated Promissory Note”) and shall be repayable as set forth in this Agreement.
Subordinated Promissory Notes. All loans under this Loan Agreement shall be evidenced by Subordinated Promissory Notes in the forms attached hereto as Exhibit 2. NEEI has executed a Subordinated Promissory Note for each of the Prior Loans. Such Prior Loans shall in all respects be governed by the terms of this Loan Agreement and said Subordinated Promissory Notes, as amended by Amendment Nos. 1, 2, 3, 4, 5, and 6 hereto."
Subordinated Promissory Notes. At the Closing, Buyer shall execute and deliver to Seller Equityholders the Promissory Notes.]
Subordinated Promissory Notes. HoldCo shall not materially amend either of the Promissory Notes (as such term is defined in the Contribution Agreement) without the prior written consent of the Lender, which consent shall not be unreasonably withheld, delayed or conditioned.
Subordinated Promissory Notes. The Sellers shall receive subordinated promissory notes of the Purchaser substantially in the form attached hereto as Exhibit C, first subordinated promissory notes being collectively referred to as the "First GA Notes" and individually referred to as the "First Note", 42.201834% of the principal amount of the First GA Notes will be paid on each of the first and second anniversaries of the Closing Date and 7.7981651% of the principal amount will be paid on each of the third and fourth anniversaries of the Closing Date, all as provided in the First GA Notes such notes to be allocated among the Sellers as provided in Schedule A1.0. The Purchaser's obligations to pay the sums due under the said First GA Notes shall be subject to the Purchaser's right of set off as provided in Section 8.5 below.
Subordinated Promissory Notes. This Amendment No. 1 (this “Amendment”) dated as of April 25, 2014 between Model Reorg Acquisition, LLC, a Delaware limited liability company (the “Issuer”) and the trust entities listed on Schedule 1 hereto (the “Holders” or individually, a “Holder”) to those certain Second Amended and Restated Promissory Notes dated April 18, 2012 of the Issuer payable to the order of the Holders in the total principal amount of $85,365,693 (“Sibling Notes”) is entered into by and between the parties hereto to amend each of the Sibling Notes. Capitalized terms used herein that are not defined shall have the meaning set forth in the Sibling Notes.
