Note Cancellation Agreement definition

Note Cancellation Agreement has the meaning set forth in Section 1.9(a)(iii).
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Note Cancellation Agreement means the note cancellation agreement to be entered into between the parties on the Closing Date for the purpose of discharging the Promissory Note, a form of which is attached hereto as Exhibit A.
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Note Cancellation Agreement shall --------------------------- refer to the Note Cancellation and Restructuring Agreement of even date herewith by and among the Company, MKO and MK.
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Examples of Note Cancellation Agreement in a sentence

  • Issuance of the Live Current shares is conditional upon the Guru Note Holders entering into lock up agreements with the Live Current, pursuant to which the Guru Note Holders will agree not to sell or otherwise transfer the shares of the Live Current issued to them pursuant to the Note Cancellation Agreement for a period of six months following the completion of the acquisition.

  • In the event that any conflict exists between the terms of this instrument, any document executed in connection with the delivery of this instrument and the terms of the Subordination and Note Cancellation Agreement, the terms of the Subordination and Note Cancellation Agreement shall govern and be controlling.

  • Additionally, subject to the terms of the Subordination and Note Cancellation Agreement, dated as of September 25, 1997, by and among Manager, Group, Imperial Bank, a California banking corporation, Prospect Medical Holdings, Inc., a Delaware corporation, Karunyan Xxxxxxxxxxxx, M.D. and Sinnadurai X.

  • Pursuant to the terms of the Note Cancellation Agreement, Live Current has agreed to issue to the Guru Note Holders an aggregate of 3,000,000 shares of Live Current's common stock as satisfaction in full of the amounts owing under the Guru Notes.

  • In the event that any conflict exists between the terms of this Guaranty, any document executed in connection with the delivery of this Guaranty and the terms of the Subordination and Note Cancellation Agreement, the terms of the Subordination and Note Cancellation Agreement shall govern and be controlling.

  • Additionally, if the MK Rail Note has not been cancelled in accordance with the MK Rail Note Cancellation Agreement, the Disbursing Agent shall deliver the MK Rail Note to the Liquidating Trust.

  • Except as provided in Section V.E.1.a hereof, nothing in the Plan shall affect the respective claims of MK Rail and of the Debtor against one another, other than with respect to the MK Rail Note as set forth in the MK Rail Note Cancellation Agreement.

  • Unless terminated by its terms prior to the Effective Date, and whether or not it was previously approved by Final Order, the MK Rail Note Cancellation Agreement and the MK Rail Stockholders Agreement and the transactions contemplated thereby shall be binding on the Debtor, MKO and MK Rail in accordance with their terms, and shall be deemed incorporated by reference herein and shall constitute an integral part of this Plan.

  • Guarantor and Guarantied Party agree that, notwithstanding the terms of this Guaranty, the payment of the Guaranteed Obligations and all other obligations of Guarantor hereunder is subordinated, to the extent and in the manner set forth in the Subordination and Note Cancellation Agreement, to the prior payment of all indebtedness and obligations of Guarantor owing to Bank, as more particularly set forth in the Subordination and Note Cancellation Agreement.

  • The Seller shall have executed and delivered to the Purchaser and the Company the UICI Note Cancellation Agreement in the form attached hereto as Exhibit F, together with the UICI Note for cancellation by the Company.

Related to Note Cancellation Agreement

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit B to be executed and delivered by the Borrower pursuant to Section 6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;