Note Cancellation Agreement definition

Note Cancellation Agreement has the meaning set forth in Section 1.9(a)(iii).
View Source
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.
View Source
Note Cancellation Agreement shall --------------------------- refer to the Note Cancellation and Restructuring Agreement of even date herewith by and among the Company, MKO and MK.
View Source

Examples of Note Cancellation Agreement in a sentence

  • 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 ▇▇▇▇▇▇▇▇▇▇▇▇, M.D. and Sinnadurai ▇.

  • 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.

  • Prior to Closing, the Company shall cause each holder of a Convertible Promissory Note issued pursuant to the Convertible Promissory Note Purchase Agreement dated as of December 19, 2018 to deliver a Note Cancellation Agreement, in substantially the form attached hereto as Exhibit C, terminating such Noteholder’s Convertible Notes in exchange for the amounts payable noted therein, which shall be Paid Indebtedness.

  • Each holder of Bridge Warrants and Bridge Notes shall have executed and delivered to Parent a Warrant and Promissory Note Cancellation Agreement in the form attached hereto as Exhibit G and all of such Warrant and Promissory Note Cancellation Agreements shall be in full force and effect.

  • EXECUTION VERSION 1 CONVERTIBLE NOTE CANCELLATION AGREEMENT To Convertible Noteholders: PLEASE READ THIS CONVERTIBLE NOTE CANCELLATION AGREEMENT AND THE ACCOMPANYING INSTRUCTIONS CAREFULLY This Convertible Note Cancellation Agreement (this “Agreement”) by and between Move EZ, Inc., a Delaware corporation (the “Company”), and the undersigned holder of Convertible Note (the “Convertible Noteholder”) is made as of October 22, 2024.

  • On or promptly after the Agreement Date, the Company shall adopt such resolutions and take such actions as are necessary and sufficient to cause: each holder of a Company Convertible Note to execute and deliver a Convertible Note Cancellation Agreement.

  • Each holder of Company Notes receiving any Merger Consideration as set forth in the Payout Spreadsheet shall have executed and delivered a Note Cancellation Agreement in substantially the form attached hereto as Exhibit J.

  • The Investor has had full opportunity to review the LIVC's publicly available filings with the SEC, and the Investor has had full opportunity to (i) ask questions and receive answers from LIVC regarding this information, including, but not limited to information concerning the transactions contemplated in the Merger Agreement and the Note Cancellation Agreement, and (ii) to review and discuss this information with its legal and financial advisors.

  • The Company shall provide Purchaser with a copy of each Convertible Note Cancellation Agreement received by it following its execution by the applicable Convertible Noteholder.

  • 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.