Examples of Escrow Note in a sentence

Released Escrow Amount means an amount equal to all funds to be released from the Acquisition Agreement Escrow Account to Reorganized NWI, which funds shall, pursuant to an irrevocable written instruction by Reorganized NWI, be deposited by the Escrow Agent in the Tax Escrow Note Account, other than funds released pursuant to Section 3 of the Escrow Agreement but payable to the FCC in accordance with the FCC Sharing Stipulation.
The Tax Escrow Note Trustee, to the extent that it or the holders of the Tax Escrow Notes may be deemed to have an ownership interest in the Acquisition Agreement Escrow Account, shall grant VerizonWireless and VZW Corp.
The separate, binding terms of the Senior Credit Facility required that both Notes be repaid in three months, not a year.Further, the Escrow Note and the Tax Receivable Note were enmeshed in an intricate, short-term relationship with ION as they related to the settling of the Escrow and the receipt of the income tax receivable.
The Tax Escrow Notes shall be secured by a first-priority security interest in the Tax Escrow Note Account.
I note that this applies with lesser force to the Tax Receivable Note, because any right of set off due to a lesser than expected income tax receivable would be applied against the Escrow Note rather than the Tax Receivable Note, and so the principal due under the Tax Receivable Note was a fixed amount.

More Definitions of Escrow Note

Escrow Note has the meaning specified in Section 2.4.

Escrow Note means that certain 12.5% Senior Secured Promissory Note in the principal amount of $7,000,000 due, subject to the terms therein, three (3) years from its date of issuance, in the form attached hereto as Exhibit A.

Escrow Note means a note issued by a Subsidiary of WIMC to the Sellers’ Representative in the aggregate principal amount of $9,000,000 (as such principal amount may be adjusted pursuant to Section 10.7 and the Escrow Agreement) in substantially the form attached hereto as Exhibit A.

Escrow Note means that certain convertible note in the original principal amount of One Million Three Hundred Fifty-seven Thousand Dollars ($1,357,000) issued by the Company to Holder simultaneous herewith pursuant to the Purchase Agreement.

Escrow Note means a promissory note issued on the Effective Date, payable by the Fund Liquidating LLC to the holder of an Allowed Claim in SLC-3 or CFC-3 in the amount set forth in Sections 5.2(c) or 5.3(c) hereof. Each Escrow Note shall mature on the fifth (5th) anniversary of the Effective Date; shall accrue interest at the rate of 3.50% per annum, compounded annually, payment of which shall be deferred until maturity; shall be paid in full prior to any further distributions by the Fund Liquidating LLC to the holders of Allowed Claims in SLC-4, CFC-4 or, subject to the provisions of Section 7.3 hereof, IBF Hotel-4 (after the Initial Non-Escrow Distribution and the distribution of Fund Membership Interests, and other than distributions by the Fund Liquidating LLC from the Expense Reserve, Disputed Claims Reserve or the Unclaimed Distributions Reserve, or distributions to the Fund Liquidating LLC's members in an amount not to exceed the estimated tax liability of such members arising as a result of allocations of income or gain of the Fund Liquidating LLC); shall be subject to prepayment, in whole or in part, at any time, in any amount, without prepayment penalty, to be applied in such a manner as may be specified by the Fund Liquidating Agent; and in each instance may, for administrative purposes, be accounted for on the Fund Liquidating LLC's books and records in lieu of delivery of an actual physical promissory note to the payee thereof.

Escrow Note means the Promissory Note in the principal amount of $10,500,000 payable by VERT to the Trust in the form of EXHIBIT C.

Escrow Note has the meaning ascribed to such term in Section 2.3(c).