Aggregate Note Amount definition

Aggregate Note Amount means the total of the applicable amounts of principal and interest to be paid on each Class of Notes pursuant to Section 12.05 of the Indenture.

Aggregate Note Amount means, at any time, the aggregate unpaid principal amount outstanding under this Note at such time, together with all accrued but unpaid interest then outstanding.

Aggregate Note Amount means $800,000, constituting the sum of the initial principal amounts of the Promissory Notes.

Examples of Aggregate Note Amount in a sentence

• The Servicer shall notify the Indenture Trustee of the applicable amounts of principal and interest to be paid on each Class of Notes and the Aggregate Note Amount not later than the Business Day following the day on which the Applicable Payment Date is determined.

• At any time after the Aggregate Note Amount shall become immediately due and payable as a result of an acceleration thereof, and before a decree or judgment for payment of the money due has been obtained, the Holder may, by written notice to the Company, rescind and annul such acceleration and its consequences.

• At any time on or before the 180th day following the Closing or at such later time as the Company and the Majority Holders (as defined below) may mutually agree, the Company may sell up to the balance of the Aggregate Note Amount not sold at the Closing to such persons as may be approved by the Company (the “Additional Purchasers”).

• Borrower in its sole discretion may increase the Aggregate Note Amount with respect to any Lender.

• Notwithstanding the foregoing, if an Event of Default referenced in paragraphs (f) (“Insolvency”) of Section 11 occurs, the Aggregate Note Amount shall automatically become due and payable immediately without any declaration or other action on the part of the Holder, all of which are hereby expressly waived by the Company.

More Definitions of Aggregate Note Amount

Aggregate Note Amount shall have the meaning ascribed to such term in Section 2.3(b) hereof.

Aggregate Note Amount means $2,000,000.

Aggregate Note Amount means the Total Potential Cash Amount less the Maximum Cash Consideration; and with respect to each Member, the “Member Note Amount” shall be equal to one third of the Aggregate Note Amount plus any additional principal amount to be added to the Promissory Note of such Member pursuant to the next sentence. To the extent that any amount of Tax Distributions or Member Loans (each as defined in the Merger Agreement) by ZaZa to a Member or such Member’s controlling person shall not have been paid as of the Closing, in lieu of ZaZa or the Company being required to pay such amounts, such amounts shall be added to the principal amount of the Promissory Note of the applicable Member. Each Member agrees not to seek any payment from ZaZa in respect of such Member’s Member Loan if and to the extent that ZaZa is not permitted to make such payment under the terms of the Merger Agreement. Upon delivery of the Promissory Note to a Member hereunder, the existing promissory note evidencing any Member Loan to such Member being refinanced with such Promissory Note shall be marked and deemed “Paid in Full” and shall be delivered to the Company. The Company agrees to prepay on January 14, 2012 a portion of each Member’s Promissory Note equal to such Member’s Tax Distribution.

Aggregate Note Amount means an amount equal to the sum of: (i) the Per Share Principal Amount multiplied by the number of Common Shares outstanding immediately prior to the Effective Time plus (ii) the cumulative amount of all In-the-Money Settlement Amounts paid to any Optionholder in Trust Units;

Aggregate Note Amount shall have the meaning described in Section 2(a).

Aggregate Note Amount in Recital A of the Purchase Agreement is amended by changing the phrase “Ten Million Dollars ($10,000,000)” contained therein to “Fifteen Million Dollars ($15,000,000)”.

Aggregate Note Amount means the Total Potential Cash Amount less the Maximum Cash Consideration; and with respect to each Member, the “Member Note Amount” shall be equal to one third of the Aggregate Note Amount.