Examples of Acquisition Term Loan Note in a sentence
In the event that, after the IPO, any member of the Newmark Group receives net proceeds from the incurrence of indebtedness for borrowed money, Newmark Opco agrees that it shall use such net proceeds to repay amounts owed, if any, (i) first, under the BGC Partners-BGC U.S. Opco First Term Loan Note, (b) second, under the BGC Partners-BGC U.S. Opco Acquisition Term Loan Note and (c) only thereafter, under the BGC Partners-BGC U.S. Opco Other Debt Notes.
Payments and prepayments of accrued interest and all outstanding principal under the Acquisition Term Loan shall be made in accordance with the covenants, terms and conditions of the Acquisition Term Loan Note.
Outstanding amounts under the Acquisition Term Loan Note shall accrue interest in accordance with the terms, covenants, and conditions of the Acquisition Term Loan Note.
The Acquisition Term Loan shall be in an initial principal amount not to exceed $1,200,000 which shall be repaid in successive quarterly installments in accordance with the Acquisition Term Loan Note.
The Revolving Credit Note and the Acquisition Term Loan Note shall evidence BORROWERS' joint and several, absolute and unconditional obligation to repay LENDER for all Revolving Loans made by LENDER under the Total Facility and the Acquisition Term Loan, respectively, with interest as herein and therein provided.
The Indebtedness evidenced by this Enhanced Capital Acquisition Term Loan Note is senior in right of payment to all Subordinated Indebtedness referred to in the Credit Agreement.
The unpaid principal amount of this Enhanced Capital Acquisition Term Loan Note from time to time outstanding is payable as provided in the Credit Agreement and shall bear interest as provided in Section 2.6 of the Credit Agreement.
The Revolving Credit Note and the Acquisition Term Loan Note shall be substantially in the form of EXHIBIT 2.1(C)(I) and EXHIBIT 2.1(C)(II), respectively, attached hereto and made a part hereof.
The Revolving Credit Note, the Acquisition Term Loan Note, the other Loan Documents, all related agreements and this Agreement shall be construed as integrated and complementary of each other and as augmenting and not restricting LENDER's rights and remedies.
Company hereby waives all requirements as to diligence, presentment, demand of payment, protest and (except as required by the Credit Agreement) notice of any kind with respect to this Enhanced Capital Acquisition Term Loan Note.