New Building Note definition

New Building Note means the new mortgage note issued by Reorganized SandRidge Realty, LLC.
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Examples of New Building Note in a sentence

  • On the Effective Date, the New Building Note Purchaser shall purchase the New Building Note in exchange for the New Building Note Proceeds.

  • The principle purpose of the Series 1994 Bonds was to finance construction of Water Utility capital improvement projects with an estimated date of completion of June 30, 1998.

  • The New Building Note shall be on terms set forth in the New Building Note Documents and shall be in form and substance reasonably acceptable to the Debtors and the Required Consenting Creditors.

  • The New Building Note Purchaser shall receive its Pro Rata share of the New Building Note in accordance with the New Building Note Documents.

  • Each Holder of a General Unsecured Claim shall receive its Pro Rata share of the New Building Note Proceeds.

  • Interest under the New Building Note will be payable semi-annually as follows: (i) 6% per annum for the first year following the Effective Date; (ii) 8% per annum for the second year following the Effective Date; and (iii) 10% per annum thereafter through the maturity.

  • Additionally, the Plan provides that the Reorganized Debtors have the sole discretion as to whether to hold New Common Stock, Warrants, New Building Note proceeds, and Cash in the Disputed Claims Reserve in a sufficient amount to fund Pro Rata distributions to all Holders of Disputed Claims that are ultimately Allowed.

  • The New Building Note Purchaser shall receive its Pro Rata share of loans, to the extent applicable, under the New Building Note in accordance with the New Building Note Documents.

  • New Building Note The new mortgage note issued by the Reorganized Debtors on the terms set forth in Exhibit G.

  • To the extent a Holder of a General Unsecured Claim is not the New Building Note Purchaser, such Holder shall receive its Pro Rata share of the New Building Note Proceeds.

Related to New Building Note

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Modular building retailer means any person who purchases or acquires a modular building from a

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • Building Envelope means the integrated elements of a building which separate its interior from the outdoor environment;

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • On-premises sign means a sign advertising activities conducted or maintained on the property on which it is located. The boundary of the property shall be as determined by tax rolls, deed registrations, and apparent land use delineations. If a sign consists principally of brand name or trade name advertising and the product or service advertised is only incidental to the principal activity conducted or maintained on the property, or if the sign brings rental income to the property owner or sign owner, it shall be considered the business of outdoor advertising and not an on-premises sign. On-premises sign does not include a sign on a narrow strip of land contiguous to the advertised activity, or a sign on an easement on adjacent property, when the purpose is clearly to circumvent the intent of this act.

  • The Building means any building of which the Property forms part.

  • Modular building means, but shall not be limited to, single and multifamily houses, apartment

  • Building system means plans, specifications and docu- mentation for a system of manufactured building or for a type or a system of building components, which may include structural, electrical, mechanical, plumbing and variations which are sub- mitted as part of the building system.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth).