Closing Date Note definition

Closing Date Note means that certain unsecured subordinated promissory note, dated as of the date hereof, issued by Holdings to THRC Holdings, LP and/or its Affiliates in the aggregate principal amount of $23,441,859.92.

Closing Date Note means that certain note issued on the Closing Date by the Company to FEMSA or a designated Affiliate of FEMSA, denominated in U.S. Dollars, in the amount equal to the Heineken Closing Payment, if any, and substantially in the form attached hereto as Exhibit B.

Closing Date Note means the note (surplus note, convertible note or other type of note) or other payment obligation, to be dated the Closing Date, in a form mutually acceptable to Seller and Purchaser, to be issued by the Company to Seller in a principal amount equal to the difference between (i) the Closing Date Share Redemption Amount and (ii) the Share Redemption Cash Consideration, if any.

Examples of Closing Date Note in a sentence

• As of the Closing Date, Note A-1 and the B-Note shall be held by the Trust, and Note A-2 and Note A-3 were held by the Sponsor.

• The Purchase Price Downward Adjustment shall be reflected by a substitution of the Adjusted Note (in an amount equal to $750,000 less the Purchase Price Downward Adjustment) for the Closing Date Note pursuant to Section 2.02(e) hereof.

• On the Closing Date, effective immediately following the Effective Time but after the consummation of the Reinsurance Transactions, Purchaser shall cause the Company to repay and redeem the issued and outstanding Closing Date Note by wire transfer of immediately available funds to the account designated by Seller pursuant to Section 2.4(a)(i) of an amount equal to the outstanding principal amount of the Closing Date Note, and Seller shall surrender the Closing Date Note to the Company for cancellation.

• As of the Closing Date, Note 1 will have an interest only period of six (6) months.

• Other than the Existing Surplus Note and, as of the Closing Date, the Closing Date Note, the Company has not issued any debt securities or other securities that are convertible into, or exchangeable or redeemable for, or that give any Person a right to subscribe for or acquire, capital stock of the Company, and no such securities or obligations evidencing such rights are outstanding.

• Physical Address of PMPPMP1 Ruth First Street Lotus Gardens Pretoria West PretoriaSouth AfricaPMP Procurement OfficeHours of access to PMP Reception08:00 to 12:00am on Closing Date Note: Return address must be reflected at the back of the package containing the RFI.

• Each of the Closing Date Note Documents has been duly executed and delivered by the Company and each Guarantor party thereto.

• The Closing Date Note shall remain outstanding at Closing and shall be paid by the Company to FEMSA in accordance with its terms.

• The Department shall have approved (i) the Closing Date Share Redemption, including the issuance of the Closing Date Note, in an amount not less than the ceding commissions payable under the Closing Date Reinsurance Agreements, and (ii) the repayment in full of the Closing Date Note immediately following the Effective Time.

• As of the Closing Date, Note A-2 was held by GSMC and Note A-4 was held by GACC.

More Definitions of Closing Date Note

Closing Date Note has the meaning set out in Section 2.2(a)(ii);

Closing Date Note means the promissory note or other instrument evidencing the obligation of Artemis to repay the Closing Date Loan to New Gold, to be delivered in a form acceptable to New Gold, acting reasonably;