Examples of BP Notes in a sentence
Capital Contributions; Obligation of Managing Partner to -------------------------------------------------------- Purchase BP Notes.
No Partner shall receive any interest, salary, or drawing with respect to its Capital Contributions or its Capital Account or for services rendered on behalf of the Partnership or otherwise in its capacity as Partner, except (i) interest received, if any, on BP Notes or (ii) as otherwise provided in this Agreement.
Each of BPC Lending II LLC and any other holder of the BP Notes agrees that it shall not amend, modify or change the BP Subordination Agreement in any manner adverse to the interests of Lockheed Xxxxxx or any other holder of the LM Notes without the prior written consent (not to be unreasonably withheld) of Lockheed Xxxxxx and any other holder of the LM Notes.
In the event that the Obligations (and/or this Agreement) are satisfied or released by foreclosure (whether by power of judicial proceeding), deed in lieu of foreclosure or by any other means, the PIK Interest paid on the Notes on or prior to the date of such satisfaction or release and the PIK Interest – BP paid on the BP Notes on or prior to the date of such satisfaction or release shall also be earned in full.
The aim of this document is to advise NHS organisations and the Support & Delivery Centre of the technical description and methodology for the distribution and monitoring of Support & Delivery Funding in 2020/21.
The Issuer expressly acknowledge that theirits agreement to pay the PIK Interest on the Notes and the PIK Interest – BP on the BP Notes is a material inducement to the Purchasers to purchase the Notes hereunder.
The Issuer expressly acknowledge that its agreement to pay the PIK Interest on the Notes and the PIK Interest – BP on the BP Notes is a material inducement to the Purchasers to purchase the Notes hereunder.