Intercompany Subordinated Note definition

Intercompany Subordinated Note means the Intercompany Note, dated as of October 3, 2016, executed by Holdings, the Borrower and each Restricted Subsidiary of the Borrower.

Intercompany Subordinated Note means the Intercompany Note, dated as of the Closing Date, executed by Holdings, the Borrower and each Restricted Subsidiary, as supplemented from time to time.

Intercompany Subordinated Note a promissory note, substantially in the form of Exhibit A or otherwise in form and substance reasonably acceptable to the Administrative Agent.

Examples of Intercompany Subordinated Note in a sentence

• As of the Agreement Date, Florida documentary stamp tax of not more than $2,400 is payable by the Borrower as a result of the execution and delivery of the Credit Agreement and the Master Intercompany Subordinated Note, which tax is payable on or before April 20, 2018.

• All Indebtedness of the Borrower or any Subsidiary to TWTC shall be evidenced by an Intercompany Subordinated Note.

• On December 31, 2021, the Company entered into an Intercompany Subordinated Note Agreement as borrower with the lender and affiliate Aspen American Insurance Company ("AAIC"), a Texas domiciled insurance company for an amount of $75,000,000.

• If the Restricted Subsidiary is not a party to the Intercompany Subordinated Note (as defined in the Security Agreement), such Restricted Subsidiary shall, within 30 days of making such loan or advance, execute and deliver to the Noteholder Collateral Agent a joinder to the Intercompany Subordinated Note in the form attached as Exhibit 3 to the Security Agreement.

• Not, and not permit any other Loan Party or its Subsidiaries to, enter into, or cause, suffer or permit to exist any transaction, arrangement or contract with any of its other Affiliates (other than the Loan Parties) which is on terms which are less favorable than are obtainable from any Person which is not one of its Affiliates; provided, that the transactions contemplated under the Intercompany Subordinated Note shall not be deemed violative of this Section 7.07.

More Definitions of Intercompany Subordinated Note

Intercompany Subordinated Note means the Fourth Amended and Restated Global Intercompany Note dated as of the date hereof, issued by the Company Indenture Parties and each of their direct Subsidiaries, evidencing the intercompany Indebtedness among them from time to time and at any time outstanding, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Intercompany Subordinated Note means the Intercompany Note, dated as of the Closing Date, executed by the Borrower and each Restricted Subsidiary of the Borrower party thereto.

Intercompany Subordinated Note an Intercompany Subordinated Note substantially in the form of Exhibit N.

Intercompany Subordinated Note means that certain Promissory Note dated as of the date hereof and issued by Borrowers in favor of Parent in an original principal amount equal to $13,956,001.82.

Intercompany Subordinated Note a promissory note of the Borrower or a Wholly Owned Subsidiary Guarantor, substantially in the form of Exhibit G.

Intercompany Subordinated Note means a promissory note substantially in the form of Exhibit P.

Intercompany Subordinated Note means that certain Subordinated Promissory Note dated as of the date of closing by the Company in favor of Parent.