Examples of Primary Note in a sentence
Cascade Bancorp shall use commercially reasonable and good faith efforts in order to obtain Regulatory Approval [Primary Note] to utilize the Primary Note as the Exchanged Note.
For the avoidance of doubt, EBOF and the Investor hereby acknowledge that immediately following the consummation of the foregoing exchange the amount of interest due and outstanding under the Existing Primary Note of the Investor shall be reduced by the Interest Exchange Amount.
In the event the Federal Reserve Bank of San Francisco or the Oregon Division of Finance and Corporate Securities advises that the Regulatory Approval [Primary Note] will not be granted without modification to the Primary Note, the Regulatory Approval [Primary Note] shall be deemed denied unless, with fifteen (15) days of being so advised, the parties hereto consent in writing to such modification (which consent may be withheld in each parties sole discretion).
In accordance with the terms hereof, any conditions waived by the Primary Note Purchaser with respect to any Note Initial Increase or Note Balance Increase shall be deemed satisfied for the terms hereof with respect to such Note Initial Increase or Note Balance Increase, as applicable.
It is the intent of the parties hereto that the provisions of this Supplemental Indenture be consistent and not conflict with, and such provisions shall be construed and interpreted as being consistent and not in conflict with, the Primary Note Indenture, the supplements thereto, and the other agreements executed and delivered in connection therewith, including, but not limited to, all the Collateral Agreements (collectively, the "Transaction Documents").
The Primary Note Purchaser confirms that the requirements of this Section 3.01 have been satisfied as of the Effective Date.
The Purchasers, other than the Primary Note Purchaser under a Commitment Letter, have no obligation to fund the Note Initial Increase or any Note Balance Increase.
The Primary Note Purchaser confirms that the requirements of this Section 3.15 have been satisfied as of the Effective Date.
In connection with this Amendment, if Dial Thru files a registration statement on form SB-1 in connection with any new financing agreement at any time prior to the maturity date of the Primary Note, then Dial Thru shall include in the registration statement a sufficient number of shares to allow for the full conversion of the Primary Note plus any accrued but unpaid interest thereon, the Shares and the full exercise of all Warrants held by GCFG including the Warrants issued concurrently herewith.
Principal and interest on the Primary Loan, the Inventory Loan and the $3 Million Loan shall be due and payable in accordance with the terms and conditions set forth in the Primary Note, Inventory Note and $3 Million Note, respectively.