Note Proceeds definition

Note Proceeds is defined in Section 2.7(h) of the ECCA.

Note Proceeds means proceeds of the sale of the Commercial Paper Notes or any moneys, securities or other obligations that may be deemed to be proceeds of the Commercial Paper Notes within the meaning of the Code.

Note Proceeds means the net proceeds of the Series 2023 Anticipation Note available for Advances to the Town.

Examples of Note Proceeds 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.

• Note: Proceeds from the sale of the four lots set aside for the United States were intended to fund promised military officer pensions and claims for back pay for military service during the Revolutionary War.

• The Fiscal Agent shall have no duty to determine whether any requested disbursement from the Note Proceeds Account of the Project Fund complies with the terms, conditions and provisions of the Funding Loan Documents, constitutes payment of Qualified Project Costs or complies with the other representations in the Written Requisition.

• The Fiscal Agent shall disburse moneys in the Note Proceeds Account of Project Fund for the acquisition, construction and equipping of the Project, to pay other Qualified Project Costs and to pay other costs related to the Project as provided herein as requested by the Borrower pursuant to a Written Requisition in the form attached hereto as Exhibit C.

• Notwithstanding the foregoing and for the avoidance of doubt, the Parent Guarantor and its Restricted Subsidiaries may (a) make such interest payments required to be made to Studio City Finance under the Intercompany Note Proceeds Loans, (b) agree to any amendment, restatement or replacement of the Intercompany Note Proceeds Loans and the entry into any new intercompany note proceeds loans as necessary for the refinancing of the 2020 Notes in accordance with the terms of this Indenture.

More Definitions of Note Proceeds

Note Proceeds has the meaning assigned to such term in Section 2.2.

Note Proceeds means all net proceeds of the issuance and sale of the Notes pursuant to the Note Purchase Agreement remaining after the payment of or provision for expenses incurred in connection with such issuance and sale.

Note Proceeds means the Tax-Exempt Note Proceeds and the Taxable Note Proceeds. "NOTES" means the Tax-Exempt Note and the Taxable Note. "PREPAYMENT AMOUNT" means, with respect to each Loan, the amount that Borrower may or is required to pay to Lender as assignee of Issuer to prepay all or part of that Loan, which amount shall equal (a) the prepayment amount set forth in the Schedule of Note and Loan Payments for the prepayment date in Exhibit B-1 for the Tax-Exempt Loan and in Exhibit B-2 for the Taxable Loan (or the last date preceding the prepayment date, if the prepayment date is not a date listed in Exhibit B-1 or B-2 as appropriate), or, if less than all of that Loan is to be prepaid, plus (b) accrued interest thereon to the date of prepayment (including any unpaid Gross-Up Interest Payment in the case of the Tax-Exempt Loan) plus (c) any other amounts then due to Lender under this Agreement with respect to that Loan. "PURCHASE AGREEMENTS" means Borrower's purchase agreements with Vendors for purchase of the Equipment. "STATE" means the State of California. "TAXABLE LOAN" means the taxable loan from Issuer to Borrower pursuant to this Agreement. "TAXABLE NOTE" means Issuer's taxable promissory note issued to finance a portion of the cost of the Equipment for Borrower pursuant to this Agreement, in substantially the form set forth as EXHIBIT B-2, the interest on which Lender expects to be included in Lender's gross income for federal income tax purposes. "TAXABLE NOTE PROCEEDS" means the proceeds of the sale of the Taxable Note to the Lender. "TAX COMPLIANCE AGREEMENT" means the Tax Compliance Agreement dated as of the date hereof among Borrower, Escrow Agent and Issuer with respect to the Tax-Exempt Note, as the same may be amended from time to time in accordance with its terms. "TAX-EXEMPT LOAN" means the tax-exempt loan from Issuer to Borrower pursuant to this Agreement. "TAX-EXEMPT NOTE" means Issuer's tax-exempt promissory note issued to finance a portion of the cost of the Equipment for Borrower pursuant to this Agreement, in substantially the form set forth as EXHIBIT B-1, the interest on which Lender expects to be excluded from Lender's gross income for federal income tax purposes. "TAX-EXEMPT NOTE PROCEEDS" means the tax-exempt proceeds of the sale of the Tax-Exempt Note to the Lender. "UCC" means the Uniform Commercial Code as adopted and in effect in the State. "VENDOR" means the manufacturer or vendor of an item of Equipment, as well as the agents or dea...

Note Proceeds means the net proceeds received by Escrow Company pursuant to the Note Offering.

Note Proceeds means the proceeds of the sale of the Note to the Lender.

Note Proceeds shall have the meaning set forth in the Securities Purchase Agreement.

Note Proceeds has the meaning set for in Section 4.4(q) of this Agreement.