Med Note definition

Med Note means the Creditor Note as defined in and established under the terms of the Med Plan.
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Med Note means the promissory note to be issued by the Reorganized Debtors pursuant to the Med Plan which is made payable to the Med Creditors’ Trust solely for the benefit of certain creditors holding Unsecured Claims against Med.
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Examples of Med Note in a sentence

  • If such a Med Plan is not so confirmed, then all existing common stock of CDSI shall be deemed canceled and New CDSI Common Stock shall be issued to the Bank, or an Entity designated by the Bank, in satisfaction of its Allowed Claims in Class A-1.1.In addition to the treatment provided above, the Bank will receive any net recoveries obtained by the Litigation Trust on account of the Litigation Trust Claims, after the CCG Note, the CDSI Note, the CCS Note, and the Med Note have been repaid.

  • Any payments made on the CDSI Note, the CCS Note, and the Med Note shall be allocated among such notes Pro Rata, based on the outstanding balances of the notes.

  • Once the CCG Note, the CDSI Note, the CCS Note, and the Med Note have been repaid, the Bank’s 25% share of the Net Recoveries from the CCG Recovery Rights shall be paid to the Bank within 30 days of their receipt by the CCG Creditors’ Trust.

  • Once the CCG Note has been repaid, the Bank’s 25% share of the Net Recoveries shall be applied to repay any amounts due under the CDSI Note, the CCS Note, and the Med Note until such notes are paid in full (such amounts shall be deemed to have been paid by the Reorganized Debtors).

  • Payments of any outstanding balances on the CDSI Note, the CCG Note, the CCS Note, and the Med Note that shall be made from the net proceeds of any recoveries on the Litigation Trust Claims shall be made Pro Rata (based on the outstanding amounts due on such notes) until fully repaid.

  • Payment to the Bank on account of its Class B-1.1 and B-1.2 Claims, or the allocation of proceeds to repay the CCG Note, the CDSI Note, the CCS Note, or the Med Note in accordance with Article IV of the Plan, shall occur as soon as practicable after Net Recoveries are obtained.

  • The Litigation Trust shall have the full power and authority to initiate, prosecute, compromise or otherwise resolve any and all Litigation Trust Claims, with all net recoveries derived therefrom to be distributed directly to the Bank (after payment of the CDSI Note, the CCG Note, the CCS Note, and the Med Note).

  • The purpose of the Litigation Trust is to prosecute the Litigation Trust Claims and distribute any net proceeds obtained therefrom to the Bank (after payment of the claims and expenses of the Litigation Trust Trustee and after repayment of any outstanding balances on the CDSI Note, the CCG Note, the CCS Note, and the Med Note from the proceeds of the Litigation Trust Claims).

  • The CDSI Note, the CCG Note, the CCS Note, and the Med Note, jointly, shall be secured by a second priority lien on all of the assets of the Reorganized Debtors, subordinate to any working capital line(s) obtained by the Reorganized Debtors in the ordinary course of business up to $15 million.

  • The CCS Note, the CDSI Note, the CCG Note, and the Med Note, jointly, shall be secured by a second priority lien on all of the assets of the Reorganized Debtors, subordinate to any working capital line(s) obtained by the Reorganized Debtors in the ordinary course of business up to $15 million.

Related to Med Note

  • 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.

  • Legended Note means Registered Notes in definitive form that are issued to Institutional Accredited Investors and Registered Notes (whether in definitive form or represented by a Registered Global Note) sold in private transactions to QIBs in accordance with the requirements of Rule 144A;

  • 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.

  • Owned Note shall have the meaning assigned to such term in Section 32.

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

  • Registered Note means a Note in registered form;

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Committed Note means a promissory note of a Borrower payable to the order of any Lender, in substantially the form of Exhibit A-1, evidencing the indebtedness of that Borrower to such Lender resulting from the Committed Advances made by such Lender to that Borrower.

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

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

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • 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.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;

  • Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • 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.

  • 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;

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Swapped Note means any Note that as of the date of the Closing is subject to a Swap Agreement. A “Swapped Note” shall no longer be deemed a “Swapped Note” at such time as the related Swap Agreement ceases to be in force in respect thereof.

  • Lead Note means Note A-1.