Participant Note definition

Participant Note means the note executed and delivered by each Participant to evidence its obligation to make all payments under a Loan Agreement.

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Participant Note means a Financing Agreement in the form of a note issued by a Participant. “Paying Agent” means any bank or trust company so designated, and its successor or successors

Participant Note means a Financing Agreement in the form of a note issued by a Participant. “Participant Payment Accounts” means, for each Series of Bonds, the accounts of the Debt Service

Examples of Participant Note in a sentence

Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and the other Indenture Indemnitees............................................
Mortgagee, Owner Participant, Note Holders and the other Indenture Indemnitees Nothing in this Trust Indenture, whether express or implied, shall be construed to give any person other than the Owner Trustee, the Mortgagee, the Owner Participant, the Note Holders and the other Indenture Indemnitees, any legal or equitable right, remedy or claim under or in respect of this Trust Indenture.
The Loan Principal of the Participant Notes shall be repaid in such amounts on such dates as set forth in the applicable Participant Note.
Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and the other Indenture Indemnitees .
By: Title: Participant: Note: Where Participant consent is required for data privacy purposes, the Participant's signature above confirms the Participant's consent.
Notwithstanding any such sale by Note Purchaser of participating interests to a Participant, Note Purchaser’s rights and obligations under this Agreement shall remain unchanged, Note Purchaser shall remain solely responsible for the performance thereof, and Issuer and Seller shall continue to deal solely and directly with Note Purchaser and shall have no obligations to deal with any Participant in connection with Note Purchaser’s rights and obligations under this Agreement.
Sale of Aircraft by Mortgagee Is Binding..................58 SECTION 10.04 Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and Other Holders of Secured Obligations.......................................58 SECTION 10.05.
Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and Other Holders of Secured Obligations...................................................57 SECTION 10.05.
Trust Indenture for Benefit of Owner Trustee, Mortgagee, Owner Participant, Note Holders and the other Indenture Indemnitees...................................56 SECTION 10.05.
DelVal may, without the consent of or notice to the Bondholders, consent to any amendment, change or modification of any previously executed and delivered Loan Agreement, Participant Note, Participant Credit Enhancement, or Credit Facility, so long as such amendment, change or modification does not adversely affect the interest of Bondholders.

More Definitions of Participant Note

Participant Note means a promissory note of a Participant given to the Company in payment of the exercise price of an Option or the purchase price of a Restricted Stock Award. Any Participant Note shall bear interest at the applicable federal rate in effect on the date of the exercise of an Option or the grant of a Restricted Stock Award (which ever is applicable), and such interest shall be payable or accrue on the terms established by the Committee in its sole discretion. The term of any Participant Note shall not exceed five (5) years, provided however, that such Participant Note shall become immediately due and payable upon consummation of a Transaction in which the Participant will receive cash or marketable securities. Each Participant Note shall be secured by all Acquired Shares acquired by the Participant upon the exercise of the Option or all Incentive Shares acquired by the Participant upon the grant of the Restricted Stock Award, and in either case, any and all earnings thereon. The Company shall have a general right of recourse against the Participant for payment under any Participant Note. The Committee shall have no power or authority to authorize a Participant Note for a person who is subject to the prohibition of personal loans to executives in Section 402 of Sarbanes-Oxley, as codified in Section 13(k) of the Securities Exchange Act of 1934 and such Participant Note shall be void ab initio.

Participant Note means a Financing Agreement in the form of a note issued by any Participant, in substantially the form set forth in Annex A to the General Trust Indenture.

Related to Participant Note

Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.
Participant Agreement means an employment or other services agreement between a Participant and the Service Recipient that describes the terms and conditions of such Participant’s employment or service with the Service Recipient and is effective as of the date of determination.
Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.
Participant has the meaning specified in Section 10.06(d).
Voting Participant Notification is defined in Section 11.10(i) hereof.