Examples of Note Payoff Amount in a sentence
No later than one Business Day prior to the Purchase Date, (i) Loan Participant shall notify Owner Trustee of the Note Payoff Amount and the Loan Participant Charges, (ii) Indenture Trustee shall notify Owner Trustee of the Indenture Trustee Charges, and (iii) Owner Trustee shall notify PGE and Owner Participant of the Note Payoff Amount, the Loan Participant Charges, the Indenture Trustee Charges and the Owner Trustee Charges.
The Senior Note Payoff Amount will be paid and delivered to the Senior Note Holders pursuant to the terms and conditions of the Merger Agreement.
The Senior Subordinated Note Payoff Amount will be paid and delivered to the Senior Subordinated Note Holders pursuant to the terms and conditions of the Merger Agreement.
From the Total Payment Amount funds, McCormick shall receive, and said funds shall be allocated first to txx xxxxxx required to pay McCormick in full, at and as of the Closing Date, the principal amounx xxxxxxxding, plus all accrued and unpaid interest due and payable under the Note (the "Note Payoff Amount").
Xxxxxxxxxxx acknowledges and agrees that the portion of the Closing Payment payable to such Seller pursuant to Section 2.02(b) shall be reduced by an amount (each, a "Note Payoff Amount) equal to the outstanding balance under, and any other amounts required to satisfy and discharge in full, each applicable Management Note.
A deferral election with respect to an Option may be made only with respect to 100% of the shares covered by the Option on the date the deferral election is made.
If, as of the Effective Time, the Carlyle Note Payoff Amount is less than $14,500,000, then the Exchange Ratio shall be increased by the quotient determined by dividing (x) (1) $14,500,000 reduced by the Carlyle Note Payoff Amount divided by (2) $0.70, by (y) the number of Stock Receiving BRE Shares.
Seller agrees that it will accept the Note Payoff Amount as full payment, satisfaction and retirement of the Notes including any right or claim of Seller with respect to principal, interest, deferred and unpaid interest, "PIK Notes" (as such term is used in the Notes) or any right to receive PIK Notes, prepayment penalties, make-whole amounts or other amounts due or accruing under or in connection with the Notes.
The Seller hereby directs the Purchaser to withhold the Aggregate Employee Note Payoff Amount, solely for administrative convenience, pursuant to Section 3.1(b)(i)(iii), in deemed satisfaction of the Employee Note Payoff Amount owed by each applicable equityholder of Seller that is an obligor under an Employee Note.
On the Closing Date (and immediately following the Closing), Buyers will cause and require that the Company pay and satisfy the Notes by the payment of Eighty-three Million Nine Hundred Eleven Thousand Five Hundred Seventy-four Dollars ($83,911,574.00) (the "Note Payoff Amount") for such purpose (such transaction being the "Note Payoff").