KCO Note definition

KCO Note means the Parent's unsecured Promissory Note dated June 30, 2003 issued in favor of Kidd & Company, LLC in the principal amount of $5,905,085.82 a▇▇ ▇hall include such note as restructured pursuant to Section 5.21.
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Examples of KCO Note in a sentence

  • Purchaser hereby waives its rights under Section 4 of the Shareholders Agreement to purchase shares of Common Stock in connection with: (i) the Series F Investment, (ii) the Common Stock Investment (as long as the price per share of Common Stock in the Common Stock Investment is equal to at least the Trigger Price (as defined in the Warrant)), (iii) the Public Transaction, (iv) the KCO Note Conversion and (v) the Series B Conversion.

  • Notwithstanding any provisions of the Transaction Documents to the contrary, in connection with the closing of the Public Transaction, the Purchaser hereby consents to the conversion of the KCO Note (the "KCO Note Conversion"), including all interest accrued and unpaid thereon, into shares of Common Stock of Parent at a conversion price equal to the price per share of Common Stock in the Common Stock Investment.