Existing Promissory Notes definition

Existing Promissory Notes means the promissory notes listed on Schedule B hereto.

Existing Promissory Notes means whereas both the seller and the purchaser(s) recognize/acknowledge the promissory notes of the company or convertible promissory notes used as cash equivalent by Purchaser(s).

Existing Promissory Notes means each of the Promissory Note of the Company payable to the Purchaser dated as of January 15, 2016 (as amended prior to the Restatement Date), and the Promissory Note of the Company payable to Jxxxxxxx Xxxxxx dated as of January 15, 2016 (as amended prior to the Restatement Date).

Examples of Existing Promissory Notes in a sentence

• Each Purchaser solely owns all right, title and interest in and to its respective Existing Promissory Note(s) and has not conveyed any interest or other right in any such Existing Promissory Note to any other Person or otherwise subjected, or allowed to be subjected, such Existing Promissory Note to any lien or other encumbrance.

• No provision of this Agreement may be waived, modified, supplemented or amended except in a written instrument signed, in the case of an amendment, by the Company and Purchaser(s) holding Existing Promissory Note(s) representing at least a majority of the aggregate Existing Debt Amount for all Existing Promissory Notes or, in the case of a waiver, by the party against whom enforcement of any such waived provision is sought.

• The Borrower and Lender now desire to amend and restate the Existing Agreement and to apply this Agreement to the Existing Promissory Note(s) and Supplement(s), as well as any new Promissory Note(s) that may be issued hereunder.

• The Existing Promissory Note(s) being tendered by each Purchaser to the Company pursuant to this Agreement are the only promissory notes or other debt obligations of the Company to such Purchaser.

• With regard to the Securities purchased relating to the Purchasers' Existing Debt Amount owed by the Plum Mine Special Purpose Company LLC, as evidenced by the Existing Promissory Notes issued by the Plum Mine Special Purpose Company, the Company represents that it has been advised by counsel that, if the Purchasers sought to transfer such Securities immediately after the Closing, such Securities would be eligible for tacking under Rule 144.

More Definitions of Existing Promissory Notes

Existing Promissory Notes shall have the meaning assigned to such term in the preamble hereto.

Existing Promissory Notes means, collectively, the unsecured Promissory Notes each dated as of December 22, 2015 and made payable by the Borrower to each of (w) Excellence Nessuah Gemel Ltd. in the original principal amount of $14,000,000, (x) Phoenix Insurance Company Ltd., Phoenix Pension and Provident Funds LTD. and Phoenix Seniors and Balanced Pension Funds Ltd in the original principal amount of $68,000,000, (y) Psagot Provident Funds and Pension Ltd. in the original principal amount of $27,000,000 and (z) Xxxxx Xxxxxxx Provident Funds Management Ltd. in the original principal amount of $11,000,000.

Existing Promissory Notes shall have the meaning given to such term in paragraph A of the Introductory Statement of this Credit Agreement.

Existing Promissory Notes means those promissory notes as referred to in Schedule 3(s) to the Securities Purchase Agreement as Promissory Notes.

Existing Promissory Notes means, with respect to each Purchaser, collectively, all promissory notes executed by any Peregrine Party prior to the date hereof that evidence Past Due Purchase Obligations (as defined in the Forbearance Agreement) owing to such Purchaser by any Peregrine Party, including, without limitation, those promissory notes described on ScheduleA attached hereto and incorporated herein by this reference.

Existing Promissory Notes means, collectively, each of the promissory notes set forth on Schedule 1.1(a).

Existing Promissory Notes has the meaning assigned to that term in the recitals of this Agreement.