Employee Notes definition

Employee Notes means promissory notes of employees of Holding, the Company or any of their Subsidiaries payable to the Company or Holding and received in connection with the substantially concurrent purchase of common stock of the Company or Holding by such employees.

Employee Notes means promissory notes of employees of the Company or any of its Subsidiaries payable to the Company and received in connection with the substantially concurrent purchase of common stock of the Company by such employees.

Employee Notes means certain promissory notes evidencing certain Indebtedness owed to Borrower by certain employees of Borrower in existence on the Closing Date and disclosed to Agent prior to the Closing Date.

Examples of Employee Notes in a sentence

• The New UAL Convertible Employee Notes shall be issued in denominations of $1,000 and shall be issued no later than 180 days following the Effective Date.

• Contribution rates during the 2013-14 fiscal year were as follows:Class Percent of Gross Salary Employee Notes: (A) (B)Employer rates include 1.20 percent for the postemployment health insurance subsidy.

• The Notes shall be pari passu in right of payment to the PBGC 6% Senior Notes, and senior in right of payment to the Employee Notes and the PBGC 8% Contingent Notes.

• Contribution rates during the 2013-14 fiscal year were as follows:Class Percent of Gross Salary Employee Notes: (A) Employer rates include 1.20 percent for the postemployment health insurance subsidy.

• As of December 31, 2022, the outstanding balance of 2022 Employee Notes, including interest, was $6.0 million and was included in prepaid expenses and other current assets.

More Definitions of Employee Notes

Employee Notes means the Company’s ___% Senior Convertible Notes due 2021 to be issued pursuant to the Plan as follows: (a) $550,000,000 to a trust or other entity designated by the Air Line Pilots Association, International; (b) $24,000 to a trust or other entity designated by the Transport Workers Union of America, AFL-CIO; (c) $400,000 to a trust or other entity designated by the Professional Airline Flight Control Association; (d) $40,000,000 to a trust or other entity designated by the Aircraft Mechanics Fraternal Association; (e) $60,000,000 to a trust or other entity designated by the International Association of Mechanics and Aerospace Workers; and (f) $56,000,000 to a trust or other entity for the benefit of United States based salaried and management employees of the Company and certain of its Subsidiaries.

Employee Notes means those certain non-negotiable promissory notes payable by the Company to certain of its current and former employees and identified on Section 1.01(b) of the Company Disclosure Letter.

Employee Notes have the meanings stated in Section 2.1(g).

Employee Notes means the Company’s ___% Senior Convertible Notes due 2021 to be issued pursuant to the Plan to various employees of the Company, including through their respective collective bargaining units.

Employee Notes means the promissory notes issued by the equityholders of Seller on Schedule I hereto to the Company or one of its Subsidiaries.

Employee Notes means, collectively, promissory notes issued by Borrower payable to Parent from time to time to fund all or a portion of the purchase price to be paid by Parent for Parent Common Stock, or options to purchase Parent Common Stock, owned by existing or former employees of Borrower; provided, that, each such note (a) shall bear interest at a rate not to exceed one and one-half (1-1/2%) percent per annum in excess of the Prime Rate in effect from time to time, (b) shall not require any principal payments prior to six (6) months after the date on which this Agreement shall terminate pursuant to Section 14.1(a) and (c) shall be subordinated in right of payment to the full and final payment of all of the Obligations on terms and conditions acceptable to Lender.

Employee Notes has the meaning set forth in the Recitals.