Existing Intercompany Notes definition

Existing Intercompany Notes means the promissory notes described in Schedule 4.3 evidencing Indebtedness owed by Lux 1 and its Subsidiaries to Holdings and its Subsidiaries, as the same may be amended, restated, supplemented, replaced or otherwise modified from time to time in accordance with Section 6.16.

Existing Intercompany Notes means (a) the $257,877,500 Promissory Note due 2020, resulting from an original $600,000,000 Promissory Note dated 2007 between CGG Holding (U.S.) Inc., as Borrower, and CGG, as Lender due in 2017, as partially repaid in December 2015 for $342,122,500 and as extended as of December 2016; and

Existing Intercompany Notes means (a) the $257,877,500 Promissory Note due 2020, resulting from an original $600,000,000 Promissory Note dated 2007 between CGG Holding (U.S.) Inc., as Borrower, and CGG, as Lender due in 2017, as partially repaid in December 2015 for $342,122,500 and as extended as of December 2016; and(b) the $175,000,000 Promissory Note due 2021, resulting from an original Promissory Note of$500,000,000 dated 2011 between CGG Holding (U.S.) Inc. (previously CGG Veritas Services Holding (U.S.) Inc.), as Borrower, and CGG, as Lender, as amended and restated in 2015 and in 2016, with a partial assignment of $135,000,000 to Veritas Geophysical III on December 17, 2015 and a partial assignment of $190,000,000 to CGG Holding III (UK) Ltd as of January 7, 2016.

Examples of Existing Intercompany Notes in a sentence

• On the Effective Date, all Intercompany Claims shall be Reinstated; provided, however, that the Existing Intercompany Notes shall only be Reinstated to the extent not satisfied and discharged by the Partial Intercompany Note Repayment.

• Schedule 4.3 contains a true, accurate and complete list of all Existing Intercompany Notes outstanding as of the Closing Date.

• The proceeds of the Loans will be used only to refinance the Existing Indebtedness and to repay the Existing Intercompany Notes, for working capital and general corporate purposes and to pay fees and expenses relating to such refinancing and the transactions contemplated by this Agreement.

• With respect to any amendments or changes to the Existing Intercompany Notes permitted by this Section 6.16, each Credit Party shall take such actions as Administrative Agent or Collateral Agent may reasonably request from time to time to ensure that the Secured Parties continue to have a perfected, First Priority Lien in the Existing Intercompany Notes.

• Borrowers shall utilize the proceeds of the Loans solely for the Refinancing (and to pay any related transaction expenses), to repay the Existing Intercompany Notes, and for the financing of Holdings’ and its Subsidiaries’ ordinary working capital and general corporate needs.

More Definitions of Existing Intercompany Notes

Existing Intercompany Notes means (a) intercompany promissory notes originally issued on October 16, 2015 for a principal amount of, respectively, $850,000,000 and $150,000,000, assumed by the Borrower, as debtor, and held by LivaNova Hungary Limited Liability Company, as creditor, and (b) the intercompany promissory note originally issued on December 21, 2015 by Holdings, as debtor, and LIVN UK HoldCo Limited, as creditor, having a principal amount outstanding of $85,239,113, including in each case any amendment, modification or Permitted Refinancing thereof.

Existing Intercompany Notes collectively, (i) the Intercompany Notes, each dated September 7, 1995, made by each of Arch Capitol, Arch Connecticut, Arch Michigan, Arch Services, Arch Southeast, Xxxxxx, Beeper, BTP, Groome, and ProPage to ACE, (ii) the Restated Intercompany Note, dated May 16, 1995, made by Xxxxxx to Arch Capitol, (iii) the Intercompany Notes, each dated May 16, 1995, made by each of Arch Capitol, Arch Connecticut, Arch Michigan, Arch Services, Arch Southeast, Xxxxxx, Beeper, BTP, Groome, ProPage and the Borrower to the Parent, (iv) the Intercompany Notes, each dated the May 21, 1996, made by each of Xxxx Products, Answer Iowa, Westlink New Mexico, Xxxxxx'x Telephone, Westlink Licensee Corp., Cascade and Telecomm/KRT to Westlink Company, (v) the Intercompany Notes, each dated the May 21, 1996, made by each of Xxxxxx'x Licensee Corp., Cascade and Telecomm/KRT to Xxxxxx'x Telephone, (vi) the Intercompany Note, dated the May 21, 1996, made by Westlink New Mexico Licensee Corp. to Westlink New Mexico, (vii) the Intercompany Note, dated the May 21, 1996, made by Answer Iowa Licensee Corp. to Answer Iowa, (viii) the Intercompany Note, dated the May 21, 1996, made by Answer Iowa to Xxxx Products, and (ix) the Existing Parent Intercompany Notes.

Existing Intercompany Notes means each promissory note evidencing Indebtedness described in clauses 6.1(p) or (q).

Existing Intercompany Notes means, collectively, (i) the promissory note made by U.K. OpCo to the order of Holdings (successor by merger to Lifetime Holding, Inc.) in the aggregate outstanding principal amount of approximately $80,000,000, and (ii) the promissory note made by Holdings (successor by merger to Lifetime Holding, Inc.) to the order of U.K. OpCo in the aggregate outstanding principal amount of approximately $20,000,000.

Existing Intercompany Notes collectively, the Intercompany Notes, each dated May 16, 1995, made by each of the following to the Parent: the Borrower, Arch Capitol District, Inc., Arch Connecticut Valley, Inc., Arch Michigan, Inc., Arch Communications Services, Inc., Arch Southeast Communications, Inc., Becker Beeper, Inc., The Beexxx Xxmpany of America, Inc., BTP Acquisition Corporation, Groome Enterprises, Inc., and ProPage Acquisition Corporation.

Existing Intercompany Notes. (a) intercompany promissory notes originally issued on October 16, 2015 for a principal amount of, respectively, $850,000,000 and $150,000,000, assumed by the Borrower, as debtor, and held by LivaNova Hungary Limited Liability Company, as creditor, and (b) the intercompany promissory note originally issued on December 21, 2015 by Holdings, as debtor, and LIVN UK HoldCo Limited, as creditor, having a principal amount outstanding of $85,239,113, including in each case any amendment, modification or Permitted Refinancing thereof.

Existing Intercompany Notes means (a) the Amended and Restated Promissory Note, dated May 1, 2000 and as amended and restated on May 1, 2005, between Genco, as maker and