Executive Note definition

Executive Note means the Promissory Note, dated as of the date hereof, made by 15 Executive Borrower in favor of Mortgagee, as the same may be amended, modified or supplemented from time to time.
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Executive Note has the meaning set forth in Section 2.
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Executive Note is that certain Revolving Promissory Note dated as of the date of the Initial Closing pursuant to which the Company will loan to Executive, from time to time, an amount not to exceed in the aggregate $154,221, so as to enable Executive to purchase the Reserved Shares from the Company as provided for herein. Executive's obligations under the Executive Note shall be secured by a pledge of all of the shares of Reserved Stock purchased hereunder to the Company and in connection therewith, Executive shall enter into a pledge agreement in the form of EXHIBIT B attached hereto (the "PLEDGE AGREEMENT").
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Examples of Executive Note in a sentence

  • The Company may pay the purchase price for such shares by offsetting amounts outstanding under the Executive Note issued to the Company hereunder and any other bona fide debts owed by Executive to the Company.

  • Notwithstanding the provisions of this paragraph 4, ------- Executive may pledge any shares of Executive Stock to the Company to secure payment of the Executive Note.

  • In addition, the Company may pay the purchase price for such Units by offsetting amounts outstanding under the Executive Note issued to the Company hereunder.

  • Executive's obligations under the Executive Note shall be secured by a pledge of all of the shares of Common Stock purchased hereunder to the Company and in connection therewith, Executive shall enter into a pledge agreement in the form of ANNEX B attached hereto.

  • This Note is the Executive Note referred to in the Senior Management Agreement, dated as of the date hereof, between the Company and Maker (the "Management Agreement").

  • Executive's obligations under the Executive Note shall be secured by a pledge of all of the Executive Units to the Company, and in connection therewith, Executive shall enter into a pledge agreement in the form of Annex B attached hereto (the "Pledge Agreement").

  • Executive's obligations under the Executive Note will be secured by a pledge of all of the shares of Executive Stock to the Company and in connection therewith Executive shall enter into a pledge agreement in the form of Exhibit B attached hereto.

  • Executive's obligations under the Executive Note will be secured by a pledge of all of the shares of Executive Stock to the Company and in connection therewith Executive shall enter into a pledge agreement in the form of EXHIBIT B attached hereto (the "Pledge Agreement").

  • The Company may pay the purchase price for such shares by offsetting amounts outstanding under the Executive Note or any other debts owed by Executive to the Company.

  • Notwithstanding the provisions of this paragraph 6, ------- Executive may pledge any shares of Executive Stock to the Company to secure payment of the Executive Note.


More Definitions of Executive Note

Executive Note means that certain Promissory Note dated as of March 6, 2001 made by Xxxxx X. Xxxx in favor of the Borrower in the principal amount of Nine Million Two Hundred Eighty-Seven Thousand Two Hundred Thirty Dollars and Fifteen Cents ($9,287,230.15) and incurred in connection with Xx. Xxxx’x employment contract with the Borrower.
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Executive Note means the promissory note delivered by Executive to the Parent Partnership substantially in the form of Annex A attached hereto in an aggregate principal amount of $110,000.
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Executive Note means that certain Promissory Note dated as of the date hereof made by Executive to the order of GTCR Fund VII in the aggregate principal amount of $1,000,195.
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Related to Executive Note

  • Definitive Note means a certificated Note registered in the name of the Holder thereof and issued in accordance with Section 2.06 hereof, substantially in the form of Exhibit A hereto except that such Note shall not bear the Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note” attached thereto.

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

  • Unrestricted Definitive Note means one or more Definitive Notes that do not bear and are not required to bear the Private Placement Legend.

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

  • Unrestricted Definitive Notes means one or more Definitive Notes that do not and are not required to bear the Private Placement Legend.

  • Definitive Notes has the meaning specified in Section 2.10.

  • Definitive Security means a security other than a Global Security or a temporary Security.

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

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

  • IAI 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 to Institutional Accredited Investors.

  • Unrestricted Definitive Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

  • U.S. Global Note means a Global Note that bears the Restricted Legend representing Notes issued and sold pursuant to Rule 144A.

  • Registered Global Note means a Global Note, if issued by TCCI, being in the form or substantially in the form set out in Schedule 1 to the TCCI Note Agency Agreement (or in such other form as may be agreed between TCCI, the TCCI Registrar, the TCCI Transfer Agent and the relevant Purchaser(s)), or if issued by TMCC, being in the form or substantially in the form set out in Schedule 1 to the TMCC Note Agency Agreement (or such other form as may be agreed between TMCC, the TMCC Registrar, the TMCC Transfer Agent and the relevant Purchaser(s));

  • Executive Securities means the Class A Common acquired by the Executive and will include units of the Company's Common Interests issued with respect to Executive Securities by way of a split, dividend, combination, exchange, conversion, or other recapitalization, merger, consolidation or reorganization. Executive Securities will cease to be Executive Securities when transferred pursuant to a Qualified Public Offering or Sale of the Company. Executive Securities will continue to be Executive Securities in the hands of any holder other than the Executive, including all transferees of the Executive (except for the Company and the Investor (or its designee)), and except as otherwise provided herein, each such other holder of Executive Securities will succeed to all rights and obligations attributable to the Executive as a holder of Executive Securities hereunder.

  • 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.

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

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

  • Permanent Global Note means a permanent global Bearer Note in the form or substantially in the form set out in Appendix B-2 hereto (or in such other form as may be agreed between the relevant Issuer, the Agent and the relevant Purchaser(s)) comprising some or all of the Notes of the same Series, issued or to be issued by the relevant Issuer either in exchange for the whole or part of a Temporary Global Note issued in respect of the Notes of the same Tranche or initially representing the Notes;

  • 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.

  • Legended Regulation S Global Note means a global Note in the form of Exhibit A, 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, issued in a denomination equal to the outstanding principal amount at maturity of the Notes initially sold in reliance on Rule 903 of Regulation S.

  • Unrestricted Global Note means a permanent Global Note, substantially in the form of Exhibit A attached hereto, that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in the Global Note” attached thereto, and that is deposited with or on behalf of and registered in the name of the Depositary, representing Notes that do not bear the Private Placement Legend.

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

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Definitive Warrant means a Warrant Certificate in definitive form that is not deposited with the Depositary or with the Warrant Agent as custodian for the Depositary.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Regulation S Global Note means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate.