Examples of Original NPA in a sentence
As part of the Senior Secured Financing, SoftBank’s $408 million of notes issued under the Original NPA, together with accrued interest, were converted into the Notes.
While the total costs would have increased by an initial USD 27,000 (from USD 34,650 to USD 61,650) it is assumed that some of these costs could be recouped by holding a fishing day at which fishers would pay to fish.
The Original NPA provided for NanoMech to use the proceeds of the Original Note (i) to repay certain loan obligations to the Arkansas Economic Development Commission (“AEDC”), the Springdale Public Facilities Board (“SPFB”), and KochMinerals, LLC (“Koch”), and (ii) for working capital and other general corporate purposes.
NanoMech’s obligations under the Original NPA and the amendments thereto are secured by a security interest in and “Lien” (as defined therein) upon “all of [NanoMech’s] personal property, tangible or intangible, and whether now owned or hereafter acquired, or inwhich it now has or at any time in the future may acquire any right, title, or interest,” as more fully described in the Original NPA (collectively, the “ Michaelson Collateral”).
These extracts from the decision demonstrate that the PAT misunderstood the scope of its mandate.
As part of the Senior Secured Financing, SoftBank’s $408 million in existing and outstanding promissory notes issued under the Original NPA, together with accrued interest, were converted into the Notes issued pursuant to the terms of the A&R NPA.
In order to restore the Debtor’s nGlide supply chain and ability to serve its key customers of that product, on April 5, 2019, NanoMech, Michaelson, and Axel Royal LLC (“ AxelRoyal”) entered into that certain Amendment to Security Agreement and Open End Credit Agreement and Fourth Amendment to and Limited Consent under Note Purchase Agreement (the “Fourth NPA Amendment,” and collectively with the Original NPA, the First NPA Amendment,the Second NPA Amendment, and the Third NPA Amendment, the “NPA”).
We note that like IBD, IA is characterised by unpredictable cycles of relapse and remission, leading to a lower quality of life and poor health outcomes.
SoftBank’s $408 million in Original Prepetition Secured Notes issued under the Original NPA, together with accrued interest, were converted into a new note under the A&R NPA.
We will start with a stocktake with recommendations on further work due to be delivered to ExCo for its meeting in late February.