First Amendment Notes definition
Examples of First Amendment Notes in a sentence
The Issuer shall use the proceeds of the First Amendment Notes, any Second Amendment Delayed Draw Notes, any Delayed Draw Notes or any Additional Notes for general corporate purposes and for working capital needs.
The Borrower shall use the proceeds of all First Amendment Notes for proper business purposes consistent with all Applicable Laws, statutes, rules and regulations.
Each such notice must be in the form of a written Issuance Request, appropriately completed and signed by a Responsible Officer of the Issuer not later than 1:00 p.m. three Business Days prior (or such later date to which the Purchaser Representative or the applicable Purchasers may agree) to the requested date of any Issuance of First Amendment Notes, Second Amendment Delayed Draw Notes, Delayed Draw Notes or Additional Notes, as applicable.
If any Notes issued after the Initial Notes and the First Amendment Notes are not fungible with the Initial Notes and the First Amendment Notes for U.S. federal income tax purposes, the Issuer shall cause such Notes to have a distinct CUSIP or other identifying number.
If any Notes issued after the Initial Notes and, the First Amendment Notes or the Second Amendment Delayed Drew Notes are not fungible with the Initial Notes and, the First Amendment Notes or the Second Amendment Delayed Draw for U.S. federal income tax purposes, the Issuer shall cause such Notes to have a distinct CUSIP or other identifying number.
The Issuer shall use the proceeds of the First Amendment Notes, any Delayed Draw Notes or any Additional Notes for general corporate purposes and for working capital needs.
This Note is one of the First Amendment Notes referred to in the Note Purchase Agreement that, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events and for the amendment or waiver of certain provisions of the Note Purchase Agreement, all upon the terms and conditions therein specified.
SECTION 3.2 Upon the occurrence of the Closing Date, each First Amendment Purchaser (a) agrees to purchase (i) First Amendment Notes and (ii) First Amendment Series B Preferred Stock as provided in the Amended Note Purchase Agreement on the terms, and subject to the conditions, set forth in the Amended Note Purchase Agreement and (b) to the extent provided in the Amended Note Purchase Agreement, shall have the rights and obligations of a Purchaser thereunder and under the other applicable Note Documents.
At the First Amendment Closing, the Borrower will deliver to each Purchaser the Notes specified after such Purchaser’s name under the heading “Aggregate Notes” contained on Schedule I against payment of the purchase price for the First Amendment Notes to (or for the benefit of) the Borrower in immediately available funds in accordance with the wire instructions set forth in the disbursement direction letter delivered by the Borrower to Agent on the First Amendment Effective Date.
Each such notice must be in the form of a written Issuance Request, appropriately completed and signed by a Responsible Officer of the Issuer not later than 1:00 p.m. three Business Days prior to the requested date of any Issuance of First Amendment Notes, Delayed Draw Notes or Additional Notes, as applicable.