Company Promissory Notes definition

Company Promissory Notes means, collectively, those promissory notes held by the Company and its Subsidiaries set forth on Section 3.06 of the Company Disclosure Letter.

Company Promissory Notes means those certain Promissory Notes in the aggregate principal amount of $4,900,000, dated as of the Closing Date, by Iconic in favor of Company Members, as secured by one hundred percent (100%) of the membership interests of the Company pursuant to that certain Pledge Agreement.

Company Promissory Notes means the Company’s convertible promissory notes and promissory notes, in the aggregate principal amount of $19,325,000, issued pursuant to those certain note purchase agreements dated as of April 4, 2016, July 29, 2016, December 30, 2016 and June 9, 2017.

Examples of Company Promissory Notes in a sentence

• In addition to any amounts which may be payable following a termination of employment pursuant to paragraphs (b)-(e) of this Section 7, the Executive or his beneficiaries shall be entitled to receive any benefits that may be provided for under the terms of an employee benefit plan in which the Executive is participating at the time of termination.

• The Noteholders and Management Carveout Plan Participants, on the one hand, and Parent, on the other hand, each shall be liable for one-half of any real property transfer or gains tax, stamp tax, stock transfer tax, or other similar Tax imposed as a result of or in connection with the Merger, including with respect to the Company Promissory Notes and the Senior Debt (collectively, the “Transfer Taxes”), and any penalties or interest with respect to the Transfer Taxes.

• Neither the Company nor any of the Company Subsidiaries has or will have suffered or incurred any Liability, arising out of the issuance, redemption, or repurchase of any Company Securities or the repayment, conversion or purported conversion of the Company Promissory Notes, or out of any Contracts or arrangements relating to any of the Company Securities (including any amendment of the terms of any such Contract or arrangement).

• The Corporation agrees to pay to the Trustee all amounts payable by the Corporation pursuant to the Note and this Loan Agreement, except for payments made to the Authority pursuant to Sections 4.1(b)(2), 4.5, 5.5 and 6.5. The Corporation hereby assigns to the Trustee its rights under Company Promissory Notes and its rights under the Company Loan Agreements, except for payments made to the Corporation pursuant to Sections 5.2 and 6.5 thereof.

• The parties intend that (i) the Merger will be treated as a taxable transaction and not as a “reorganization” for federal income tax purposes and (ii) all of the Merger Consideration will be treated for federal income tax purposes as payments in exchange for the Company Capital Stock or Company Promissory Notes owned by the Stockholders.

More Definitions of Company Promissory Notes

Company Promissory Notes means those certain Promissory Notes in the aggregate principal amount of

Company Promissory Notes means the promissory notes issued by the Company, as amended and restated on January 25, 2021.

Company Promissory Notes means the outstanding promissory notes as of immediately prior to the Closing evidencing the portion of the Company Indebtedness payable by the Company or any of the Company Subsidiaries, including the outstanding loans payable by the Company to Securityholders (the “Shareholder Loans”), which are described in the Consideration Schedule, including the name of the holder of each such promissory note, the amount of principal, interest and other amounts outstanding for each of such promissory notes as of the Closing, and the daily interest rate accrual with respect to each of such promissory notes.

Company Promissory Notes has the meaning set forth in Section 2.1(b)(viii).

Company Promissory Notes means all outstanding Promissory Notes issued by the Company, including all Bridge Notes, King & Spalding Note, and Inform SPV Note.

Company Promissory Notes has the meaning assigned to it in Schedule 3.14(a)(x).

Company Promissory Notes means all evidences of indebtedness of the Company held by the Bridge Debtholders.