Old Note definition

Old Note has the meaning provided in Section 13(b).

Old Note means that certain promissory note, dated as of July 24, 2006, in the original principal amount of $3,300,000, executed by the Company in favor of the Purchaser and issued pursuant to that certain Note Purchase Agreement, dated as of February 10, 2006, as amended by that certain First Amendment to Note Purchase Agreement, dated as of July 24, 2006, by and between the Company and the Purchaser.

Old Note has the meaning set forth in Section 3.04(b) of the Loan Agreement.

Examples of Old Note in a sentence

• If less than the entire principal amount of any Old Note evidenced by a submitted certificate or by a Book-Entry Confirmation is tendered, the tendering holder must fill in the principal amount tendered in the fourth column of Box 1 above.

• If this Letter of Transmittal (or facsimile hereof) is signed by the registered Holder(s) of Old Notes tendered and the certificate(s) for New Notes issued in exchange therefor is to be issued (or any untendered principal amount of Old Notes is to be reissued) to the registered Holder, such Holder need not and should not endorse any tendered Old Note, nor provide a separate bond power.

• A newly issued Old Note for the principal amount of Old Notes submitted but not tendered will be sent to such Holder as soon as practicable after the Expiration Date.

• If this Letter of Transmittal (or facsimile hereof) is signed by the registered holder(s) of the Old Notes tendered hereby, the signature must correspond with the name(s) as written on the face of the Old Note without alteration, enlargement or any change whatsoever.

• If less than all the Old Notes evidenced by any certificate submitted are to be tendered, fill in the principal amount of Old Notes which are to be tendered in the box entitled "Principal Amount of Old Notes Tendered (if less than all)." In such case, new certificate(s) for the remainder of the Old Notes that were evidenced by your old certificate(s) will only be sent to the holder of the Old Note, promptly after the expiration date.

More Definitions of Old Note

Old Note has the meaning specified in Section 2.01.

Old Note shall have the meaning ascribed to such term in the forepart of this Agreement.

Old Note has the meaning set forth in the Recitals.

Old Note has the meaning assigned to it in Section 7.3(a).

Old Note means the Borrower's revolving promissory note dated as of September 3, 1999, payable to the order of the Lender in the original principal amount of $1,500,000.

Old Note means each Old Term A Note, Old Term B Note, Old Revolving Note and Old Acquisition Term Note.

Old Note less: (i) any trade-in value or resale proceeds received by Lender for the Removed Collateral and (ii) a