Examples of Company Promissory Notes in a sentence
There are no restrictions on the ability of the Corporation, any of the Companies or any other subsidiary or affiliate of the Corporation to issue indebtedness that is secured by a pledge of some or all of the general revenues and funds of the Corporation and any of the Companies that is secondary and subordinate to the pledge securing the Note and the Company Promissory Notes.
All Company Promissory Notes have been converted in full into shares of Company Common Stock and the Company has performed and satisfied each of its covenants or obligations under the Company Promissory Notes such that the Company has no further covenants, obligations or liabilities thereunder.
At or prior to the Closing, all Bridge Debtholders will surrender to Parent for cancellation all Company Promissory Notes held by such Bridge Debtholder and will execute an Exchange of Bridge Debt and Warrant Termination Agreement in substantially the form of Exhibit E.
If, after the Effective Time, any Certificates formerly representing shares of Company Capital Stock or Company Promissory Notes are presented to the Surviving Corporation or the Exchange Agent for any reason, they shall be canceled and exchanged as provided in this Article II.
The aggregate outstanding principal amount and accrued but unpaid interest on all Company Promissory Notes is set forth on the Merger Consideration Allocation Schedule.