GSI UK Note definition

GSI UK Note means the 12.94% promissory note issued by GSI to GSI UK dated as of July 25, 2008 in the amount of GBP12,500,000.

Examples of GSI UK Note in a sentence

  • On the Effective Date, the GSI UK Note shall be fully Reinstated and retained by Reorganized GSI.

  • On the Effective Date, in the event the GSI UK Note is not Reinstated, (i) Holdings shall transfer the GSI UK Shares to GSI Limited Holdings, and (ii) GSI Limited Holdings shall subsequently transfer the GSI UK Shares to GSI Limited Holdings II.

  • Provided that the value of the portion of the GSI UK Note Claim against Holdings that is satisfied by the issuance of the New Common Shares to GSI UK is equal to or exceeds the value of such New Common Shares issued to GSI UK, the issuance of such shares will not give rise to any tax consequences to Holdings.

  • The 81.4% equity in the Debtors’ will be allocated 74.3% and 7.1% to the Holders of the Senior Notes and the GSI UK Note, respectively.

  • In addition, the Projections have been prepared on the basis that a debt restructuring will occur and the current principal debt balance of $210.0 million owed on the Senior Note and the $20 million owed on the GSI UK Note will be exchanged for New Senior Secured Notes in the amount of $104.1 million and 81.4% of the Debtors’ equity.

  • Holders of the Senior Notes and GSI UK Note will share pro-rata in both the New Senior Secured Notes and Debtor’s equity.

  • The amount of income from sale is arrived at after deducting sales returns and trade discount allowed from the total sales.

  • The holders of the Senior Notes and the GSI UK Note will be allocated $110 million and $10.5 million of the $120.5 million New Senior Secured Notes, respectively.

  • Due to the fact that the holder of the GSI UK Note is wholly-owned foreign subsidiary of Holdings, the note and resulting fees and interest associated with its pro-rata share is not reflected as debt or cash disbursements in the Projections of the Company as it is intercompany and eliminated in consolidation.

  • The undersigned certifies that, as of the Voting Record Date, the undersigned was the Holder of a Class 5B GSI UK Note Claim in the amount of .__.

Related to GSI UK Note

  • RMB Note means a Note denominated in Renminbi.

  • Original Note shall have the meaning assigned to such term in the recitals.

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

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

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • 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;

  • Company Note has the meaning set forth in Section 3.1 of the Sale Agreement.

  • Revolver Note means any one of such Revolver Notes.

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • Special Note State agencies may make purchases under this Requirements Contract up to $2500.00 using the state of Ohio payment card. Any purchase that exceeds $2500.00 will be made using the official state of Ohio purc hase order (ADM- 0523). Any non-state agency, institution of higher education or Cooperative Purchasing member will use forms applicable to their respective agency. This Requirements Contract and any Amendments thereto are available from the DAS Web site at the following address: xxxx://xxx.xxxx.xxx/procure Signed: Xxxxxx Xxxxx, Director Date *Reflects mutual renewal of contract, effective with amendment No. 2. Index No. MAC013 Rev. 04/01/16 Page 11 CONTRACTOR INDEX CONTRACTOR AND TERMS: BID CONTRACT NO.: OT905812-1* 0000090134 DELIVERY: As Specified Take-A-Ticket, Inc. 130 N. E. Xxxxxxxxxx Street TERMS: Net 30 Days Albany, OR 97321 CONTRACTOR'S CONTACT: Xxxx Xxxxxx Xxxx Free: (000) 000-0000 Telephone: (000) 000-0000 FAX: (000) 000-0000 Email: xxxx@xxxxxx.xxx CONTRACTOR AND TERMS: BID CONTRACT NO.: OT905812-2 * 0000009073 DELIVERY: 30 Days A.R.O. Xxxxxxx Systems, Inc. 0000 Xxxx Xxxx TERMS: Net 30 Days Adair, IA 50002 CONTRACTOR'S CONTACT: Xxxxxx Xxxxx Xxxx Free: (000) 000-0000 Telephone: (000) 000-0000 FAX: (000) 000-0000 E-mail: xxxxxx.xxxxx@xxxxxx.xxx *Reflects removal of expiration date with amendment 2. Index No.: MAC013 Eff. Date: 04/01/2016 Page 12 SUMMARY OF AMENDMENTS Amendment Number Effective Date Description

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • 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.

  • Global Preferred Security means a Preferred Securities Certificate evidencing ownership of Book-Entry Preferred Securities.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • 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.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

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