BP Note definition

BP Note means a note, in the form and for a purpose described in Exhibit ------- ------- B hereto, given by the Partnership to the Managing General Partner or any of its - Affiliates.
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BP Note shall have the meaning assigned such term in the recitals.
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BP Note has the meaning set forth in Section 2.1(b).
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Examples of BP Note in a sentence

  • TTRS intends to sell, transfer and assign all of its right, title and interest in BCC Note A-2 and BP Note A-2 (the “UBS-C10 Notes”) to LCF, which intends to sell, transfer and assign all of its right, title and interest in and to the UBS-C10 Notes to UBS Commercial Mortgage Securitization Corp.

  • Xxxxxxx Title: Managing Director BP Note A-1 Holder: TUEBOR TRS II LLC By: /s/ Xxxxx X.

  • Xxxxxxx Title: Managing Director BP Note A-2 Holder: TUEBOR TRS II LLC By: /s/ Xxxxx X.

  • Under the BP Note, a contingent interest payment was payable August 24, 1996, calculated pursuant to a formula based on the Company's "EBDIT" (defined in the BP Note as earnings before depreciation, interest and taxes, as determined in accordance with GAAP) for years 1990 through 1995.

  • This Agreement and all documents and instruments referenced herein represent the final agreement among the Holder Parties, BP, Note Parties and Collateral Agent with respect to the subject matter hereof and thereof and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements by the parties.

  • In the event BP were to prevail in its position, the Company believes that it would be able to pay amounts due BP, including the principal amount of the BP Note, utilizing cash on hand, offsets of amounts owing from Old Chase and BP, and, if necessary, borrowings obtained under its existing Bank Credit Facility.

  • In the event the Company is entitled to recovery from BP pursuant to the Remediation Agreement, the CBCC Purchase Agreement, or otherwise, but is unable to collect such amounts from BP, the Company may elect to offset the amounts of such recoveries against amounts payable under the $20 million BP Note to the extent it legally is entitled to do so.

  • Each of the Holder Parties, BP, Note Parties and Collateral Agent hereby voluntarily, knowingly, irrevocably and unconditionally waives any right to have a jury participate in resolving any dispute (whether based upon contract, tort or otherwise) among the Holder Parties, BP, Note Parties and Collateral Agent (or any of them) arising out of or in any way related to this Agreement.

  • Under a separate letter dated January 22, 1998, Old Chase has asserted that, as a result of failing to pay the interest as described in the Petition, the Company is in default under the BP Note and, unless such amounts are paid within thirty days, Old Chase intends to accelerate the BP Note.

  • See Note 5, Other Assets, Note 12, Commitments and Contingencies, and Note 13, Subsequent Event, for further discussion of the BP Note.


More Definitions of BP Note

BP Note means the promissory note of the Company dated as of October , 1996 in favor of BP Exploration (Alaska) Inc., a Delaware corporation, in the original principal amount of $7,000,000.
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Related to BP Note

  • New Note shall have the meaning assigned to such term in Section 38.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Special Note Items with a "N" in the "Included in MSA?" column require IBM owner to do the following: 1. Submit a Custom Purchase Letter and 2. Attach the EZForm with all the details and pricing / citing the BEID file, version 2.x (or where ever you got the information) to kickoff the AT&T special handling process. AT&T Generally Available Service Schedule of Charges

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Exchange Note means the Closed-End Exchange Note.

  • Coupon Note means a Note on which no interest is payable.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Physical Note means a Note (other than a Global Note) that is represented by a certificate substantially in the form set forth in Exhibit A, registered in the name of the Holder of such Note and duly executed by the Company and authenticated by the Trustee.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Initial Note means each initial Governmental Lender Note registered by the Comptroller and subsequently canceled and replaced by a definitive Governmental Lender Note pursuant to this Funding Loan Agreement.

  • Surplus Note means a promissory note executed by an Insurance Subsidiary of the type generally described in the insurance industry as a “surplus note”, the principal amount of which an insurance regulator permits the issuer to record as an addition to capital and surplus rather than as a liability in accordance with SAP.

  • Registered Note means a Note in registered form;

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.

  • Defeased Note shall have the meaning set forth in Section 2.4.1(a)(v) hereof.

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.