Dividend Note definition

Dividend Note shall have the meaning assigned to such term in the first recital hereto.

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Dividend Note means the amended and restated 10% junior subordinated promissory notes dated as of March 18, 2010 between Holdings, and (i) Eos Capital Partners III, L.P. and (ii) Eos Partners SBIC III, L.P. in the approximate principal amounts of $6,074,493.24 and $1,744,265.26, respectively, subject to adjustment in connection with the IPO Transaction, in each case as amended, restated, supplemented or otherwise modified as permitted by this Agreement.

Dividend Note means that certain Dividend Note, dated November 20, 1996, in the original principal amount of $1,600,000,000, issued by MidCon to the Seller.

Examples of Dividend Note in a sentence

• Such interest shall be payable on the date of such Permitted Dividend and in an amount equal to the Additional Interest Amount, and shall be payable in the form of an additional note (an "Additional Dividend Note") that is identical in all respects to this Note.

• If, at any time during which any shares of the Series B Preferred Stock are outstanding, any payment owing to the Corporation under the Dividend Note, as that term is defined in the Purchase Agreement, in favor of the Corporation shall not be current, the Series B Preferred Stock shall possess none of the voting rights otherwise granted herein.

• The Company has no liabilities or obligations of any nature (whether known or unknown and whether absolute, accrued, contingent, or otherwise) except for liabilities or obligations reflected or reserved against in the Balance Sheet, the Dividend Note, and current liabilities incurred in the Ordinary Course of Business since the respective dates thereof.

• The Borrower will pay all Indebtedness under the OMGUK Dividend Note promptly upon the occurrence of the Closing Date and the consummation of the IPO.

• The Borrower will use the proceeds of (a) the Loans (i) to pay the OMGUK Dividend Note and (ii) for working capital and general corporate purposes of the Borrower and the Covered Subsidiaries, including acquisitions, distributions and investments and (b) the Letters of Credit solely for working capital and general corporate purposes of the Borrower and the Covered Subsidiaries.

More Definitions of Dividend Note

Dividend Note means the 10% junior subordinated promissory notes between Holdings, and (i) Eos Capital Partners III, L.P. and (ii) Eos Partners SBIC III, L.P. in the approximate principal amounts of $10,049,929 and $2,885,795, respectively, subject to adjustment in connection with the IPO Transaction.

Dividend Note shall have the meaning set forth in paragraph B of the Recitals.

Dividend Note. That certain note issued by the Company, dated February 7, 1997 in the amount of $500,000 in payment of a dividend to record holders of the Company's common stock on that date.

Dividend Note means the Promissory Note, dated November 14, 1996, by MidCon to the order of the Corporation in the principal amount of $1,600,000,000.

Dividend Note is defined in Section 6.1.1.

Dividend Note means the intercompany note (a) payable by Circon to Circon Parent and (b) pursuant to which Circon agrees to pay Circon Parent an amount equal to the amount of the Dividend, with such amount paid simultaneously with or immediately after the consummation of the Circon Acquisition.

Dividend Note means a promissory note as provided in the Financing Letter.