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Note Cap definition

Note Cap has the meaning assigned to such term in Section 6.14.
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Note Cap means (a) the sum of (i) $165,000,000, (ii) the aggregate amount of any PIK Interest (as defined in the Indenture) in respect of any Notes, (iii) solely for purposes of calculating the Note Cap in connection with a Note DIP Financing under Section 6.1(b), $7,250,000, and (iv)without duplication of clause of any amounts included pursuant to clause (ii) above, the amount of any unpaid accrued interest, paid in kind amounts, reasonable and customary premiums, reasonable fees or reasonable expenses that from time to time may be added to principal in connection with any Refinancing of the Notes minus (b) the aggregate principal amount of repayments or prepayments of Indebtedness following the date hereof under the Notes, other than any such reduction, repayment or prepayment made in connection with a Refinancing.
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Note Cap has the meaning referred to in Section 9.3.
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Examples of Note Cap in a sentence

  • The aggregate amount of Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • Except as set forth in Sections 6.4, 6.5 and 6.7, the Bank may not issue additional Notes after the aggregate principal amount of all Notes issued has reached the Note Cap.

  • Pursuant to the terms of the Subordinated Note, the Issuer shall not request or receive any advance thereunder on any date if after giving effect to such advance, the sum of the Subordinated Loans then outstanding and the aggregate Outstanding Amount of all Notes would exceed the Net Eligible Receivables Balance minus the Adjusted Loss Reserve, (such maximum amount required to be advanced at any time, the "Subordinated Note Cap").

  • The aggregate amount of Subordinated Secured Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • The aggregate principal amount of Notes that may be issued at Closings hereunder shall, when added to the aggregate principal amount of Notes issued to the Early Investors, in no event exceed the Note Cap Amount.

  • Note: Cap rail is "float coated," so all inaccessible voids shall be gas freed and certified per section 5.

  • Note: Cap for duration of any fixed interest bond is given by (1+yeild) / yield.

  • Table 2Discriminant Validity CapFWCFairLoyParSDWFCCap0.715 FWC-0.1250.803 Fair0.703-0.1430.734 Loy0.443-0.2260.3400.748 Par0.345-0.0800.2330.4460.782 SD0.210-0.0060.0710.2540.2390.712 WFC 0.066 0.302 0.026 0.035 0.104 0.078 0.808 Note: Cap = Capability, Fair = Fairness, WFC = Work family conflict, FWC = Family work conflict, Loy = Loyalty, SD = Service delivery, Par = Participation.

  • The aggregate principal amount of Notes that may be issued at Closings hereunder shall in no event exceed the Note Cap Amount.

  • The Company has authorized the issuance and sale, in accordance with the terms hereof, of Secured Convertible Promissory Notes in the amended aggregate principal amount of up to $6,000,000 (the "Note Cap Amount"), substantially in the form attached as Exhibit A hereto (individually, a "Note" and, collectively, the "Notes"), and warrants to purchase shares of Common Stock, substantially in the form attached as Exhibit B hereto (individually, a "Warrant" and, collectively, the "Warrants").

Related to Note Cap

  • Subordinated Amount As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over (b) the aggregate of the Class Certificate Balances of the LIBOR Certificates as of such Distribution Date (after giving effect to the payment of the Principal Remittance Amount on such Certificates on such Distribution Date).

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Subordinated Optimal Principal Amount With respect to each Mortgage Pool and each Distribution Date, an amount equal to the sum of the following (but in no event greater than the aggregate Class Certificate Balances of the Subordinated Certificates immediately prior to such Distribution Date):

  • Subordinated Note Indenture means the indenture or indentures, pursuant to which the Subordinated Notes are issued, as such indenture or indentures may be amended from time to time to the extent permitted under subsection 7.12B.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Class E Note Balance means, at any time, the Initial Class E Note Balance reduced by all payments of principal made prior to such time on the Class E Notes.

  • B Notes means each of Note B-1 and Note B-2.

  • Initial Class D Note Balance means $206,860,000.

  • Senior Unsecured Notes means the $725,000,000 in aggregate principal amount of the Borrower’s Senior Unsecured Notes due 2029 issued pursuant to the Senior Unsecured Notes Indenture.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class D Notes has the meaning assigned to such term in the Indenture.

  • Required Subordinated Amount of Class C Notes means, for the Class A(2022-2) Notes for any date of determination, an amount equal to the product of

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Initial Class A-3 Note Balance means $380,000,000.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Initial Class A-4 Note Balance means $75,000,000.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Initial Class B Note Balance means $163,150,000.

  • Initial Class C Note Balance means $178,840,000.

  • Class D Note Balance means, at any time, the Initial Class D Note Balance reduced by all payments of principal made prior to such time on the Class D Notes.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

Most Referenced Clauses

Most Referenced Definitions