Exchanged Note definition

Exchanged Note shall have the meaning set forth in the Recitals to this Agreement.
Exchanged Note means a Note with terms and conditions identical to the terms and conditions of the Original Note for which it was exchanged, save that:
Exchanged Note in relation to a Note shall be such part of a Note to be calculated on the basis of the following formula: Exchanged Note = A x B where: A = percentage in post-IPO issued shares in AGL attributable to the Noteholder which are disposed of pursuant to Condition 7.1 (“Disposal”); B = the principal amount of the Note required for surrender and exchange for 1% of the post-IPO issued shares in AGL , which is dependent on the percentage of post-IPO issued shares in AGL held by the public shareholders as follows:

Examples of Exchanged Note in a sentence

  • As a result, except as provided in Section 5.02(D), any accrued and unpaid interest on an Exchanged Note will be deemed to be paid in full rather than cancelled, extinguished or forfeited.

  • Cascade Bancorp shall use commercially reasonable and good faith efforts in order to obtain Regulatory Approval [Primary Note] to utilize the Primary Note as the Exchanged Note.

  • The Exchanged Note shall be issued to the Holder in exchange for the Existing Note without the payment of any additional consideration.

  • The Exchanged Note shall be issued to the Holder in exchange for the Existing Note and the Exchanged Warrant shall be issued to the Holder in exchange for the Existing Warrant, in each case, without the payment of any additional consideration.

  • In exchange for (i) the Existing Note, the Company shall deliver or cause to be delivered to the Holder the Exchanged Note and (ii) the Existing Warrant, the Company shall deliver or cause to be delivered to the Holder the Exchanged Warrant.

  • In exchange for the Existing Note, the Company shall deliver or cause to be delivered to the Holder the Exchanged Note.

  • The Exchanged Note shall be issued without any restrictive legend.

  • Accordingly, the unambiguous Exchanged Note provisions and the unrebutted and corroborated evidence establish for summary judgment purposes that FP Tech was the holder of each of the Notes at the time of the foreclosure sale.

  • The Trustee contends that under Section 18, the transfer of an Exchanged Note becomes effective only when the original Note issurrendered and a replacement Note is issued.

  • As of the Effective Date, no Event of Default (as defined in the Exchanged Note) has occurred nor has there occurred an event that with the passage of time or giving of notice would constitute an Event of Default.


More Definitions of Exchanged Note

Exchanged Note shall have the meaning assigned to such term in subsection 17.11(a);
Exchanged Note shall have the meaning ascribed to such term in the first recital above.
Exchanged Note means, with respect to a Convertible Debenture issued pursuant to the Exchange, the 2011 Note or Springing Lien Note that is exchanged for such Convertible Debenture pursuant to this Agreement.
Exchanged Note shall have the meaning set forth in the Recitals.

Related to Exchanged Note

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Legended Note means Registered Notes in definitive form that are issued to Institutional Accredited Investors and Registered Notes (whether in definitive form or represented by a Registered Global Note) sold in private transactions to QIBs in accordance with the requirements of Rule 144A;

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Restricted Certificated Note means a Certificated Note bearing the Private Placement Legend.

  • Physical Note means a Note (other than a Global Note) that is represented by a certificate substantially in the form set forth in Exhibit A, registered in the name of the Holder of such Note and duly executed by the Company and authenticated by the Trustee.

  • Owned Note shall have the meaning assigned to such term in Section 32.

  • Registered Note means a Note in registered form;

  • New Note shall have the meaning assigned to such term in Section 38.

  • Individual Note A Note of an Original Note Principal Balance of $25,000; a Note of an Original Note Principal Balance in excess of $25,000 shall be deemed to be a number of Individual Notes equal to the quotient obtained by dividing such Original Note Principal Balance amount by $25,000.

  • Old Notes shall have the meaning set forth in the preamble hereto.

  • Trust Certificate means a certificate evidencing the beneficial interest of a Person in the trust established by the Trust Agreement and substantially in the form attached as Exhibit A to such Trust Agreement.

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Exchange Note means the Closed-End Exchange Note.

  • Rule 144A Global Certificate With respect to any Class of Book-Entry Certificates, a single global Certificate, or multiple global Certificates collectively, registered in the name of the Depository or its nominee, in definitive, fully registered form without interest coupons, each of which Certificates bears a Qualified Institutional Buyer CUSIP number and does not bear a Regulation S Legend.

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • Global Note shall have the meaning specified in Section 2.05(b).

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • Global Certificate means a Certificate that evidences all or part of the Units and is registered in the name of the Depositary or a nominee thereof.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • 144A Global Note means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A.

  • Registered Certificate Any Certificate that has been the subject of registration under the Securities Act. As of the Closing Date, the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class X-A, Class X-B, Class A-S, Class B and Class C Certificates constitute Registered Certificates.

  • Initial Note means each initial Governmental Lender Note registered by the Comptroller and subsequently canceled and replaced by a definitive Governmental Lender Note pursuant to this Funding Loan Agreement.