Prudential Note definition

Prudential Note that certain 5% Subordinated Income Note Due March --------------- 1, 2007, made by PHCI in favor of The Prudential Insurance Company of America (as successor-in-interest to Kennecott Copper Corporation), dated June 30, 1977 (as amended by Amendment No. 1 dated as of February 8, 1991, and Amendment No. 2 dated as of September 9, 1992), in an original principal amount of $400,000,000.
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Prudential Note means, collectively, all "Notes" (as defined in the Prudential Agreement) issued by the Borrower pursuant to the Prudential Agreement, and each promissory note delivered in substitution or exchange therefor.
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Prudential Note means that certain Term Note dated November 18, 1998 in the original principal amount of $160,000,000 by the Company in favor of Prudential, as amended on May 23, 2000.
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Examples of Prudential Note in a sentence

  • In the event that the Prudential Note Documents (or any amendment, restatement, refinancing or replacement thereof), whether in whole or in part, contains any financial covenant that is more restrictive than, or in addition to, the financial covenants set forth in this Section 7.10, then the terms of this Agreement shall, without any further action on the part of the Administrative Agent or the Lenders, be deemed to be automatically amended to include such financial covenant.

  • Notwithstanding anything herein to the contrary, the parties hereto agree that the obligations of each holder of a Prudential Note to Collateral Agent under this Section 9(g) shall be limited to the amount of the proceeds of the Collateral it receives hereunder, under the Security Documents or from any other source that is attributable to the Collateral.

  • Each of the Borrower and SMF (assuming with respect to SMF, that the fraudulent transfer savings language contained in the Guaranty applicable to SMF will be given full effect, and assuming with respect to the Borrower that the Prudential Note Guaranties and the Guaranty are disregarded as obligations of SMF) is, and after the making of each Loan hereunder will be, Solvent.

  • The Collateral Agent is authorized hereby to execute releases of liens with respect to property of the Company or the other Credit Parties to the extent that the sale, transfer or other disposition thereof is not prohibited by the terms of the Credit Agreement, the Prudential Note Agreement, the 1997 Note Agreement, the 1998 Note Agreement or any other Creditor Document.

  • Without limitation of the immediately preceding sentence, the Company will not permit any Principal Credit Facility (including the Credit Agreement, the Prudential Note Agreement and any Other Note Agreement) to be secured by any consensual Lien unless the Notes are simultaneously secured pursuant to terms and provisions, including an intercreditor agreement, satisfactory to the Required Holders.

  • On September 29, 2022, we entered into the Prudential Note Agreement for potential future private placement issuances of Prudential Notes with PGIM Private Capital (“Prudential”) of up to US$300 million, net of any existing Senior Notes and Prudential Notes held by Prudential.

  • The Prudential Note Agreement has a three-year term ending September 29, 2025.

  • We have the ability to issue incremental Prudential Note tranches under the Prudential Note Agreement, subject to acceptance by Prudential, with varying maturities as determined by us, and with coupon pricing determined at the time of each Prudential Note issuance.

  • In particular, where assets do not satisfy either the primary objects or the liquid asset tests, SSAs will look for evidence that credit unions are employing appropriate risk management techniques, including regular market value assessments and appropriate provisioning for risks (see Prudential Note 4.3 on Accounting and Disclosure).

  • All outstanding amounts under issued Prudential Notes will be accelerated and must be repaid upon the occurrence of certain events of default under the Prudential Note Agreement.


More Definitions of Prudential Note

Prudential Note means the promissory note issued by the Company, substantially in the form of Exhibit A hereto.
Sample 1
Prudential Note means the promissory note by the Company in favor of Prudential, substantially in the form of Exhibit H hereto, as the same may be amended, supplemented or otherwise modified from time to time after the Closing Date.
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Related to Prudential Note

  • Initial Note means each initial Governmental Lender Note registered by the Comptroller and subsequently canceled and replaced by a definitive Governmental Lender Note pursuant to this Funding Loan Agreement.

  • SPECIAL NOTE State agencies may make purchases under this Requirements Contract up to $2500.00 using the state of Ohio payment card. Any purchase that exceeds $2500.00 will be made using the official state of Ohio purchase order (ADM- 0523). Any non-state agency, institution of higher education or Cooperative Purchasing member will use forms applicable to their respective agency.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Initial Notes means the first $500,000,000 aggregate principal amount of Notes issued under this Indenture on the date hereof.

  • Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.

  • Initial Note Holder means each of the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3-1 Holder, the Initial Note A-3-2 Holder, the Initial Note A-4 Holder, the Initial Note A-5-1 Holder, the Initial Note A-5-2 Holder, the Initial Note A-6 Holder and the Initial Note A-7 Holder.

  • Restricted Notes means Initial Notes and Additional Notes bearing one of the restrictive legends described in Section 2.1(d).

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

  • Accepted Note shall have the meaning specified in paragraph 2B(5).

  • Offshore Physical Notes has the meaning provided in Section 2.01.

  • Additional Notes means additional Notes (other than the Initial Notes) issued from time to time under this Indenture in accordance with Sections 2.01 and 4.09 hereof.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Individual Note A Note of an Original Note Principal Balance of $25,000; a Note of an Original Note Principal Balance in excess of $25,000 shall be deemed to be a number of Individual Notes equal to the quotient obtained by dividing such Original Note Principal Balance amount by $25,000.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Restricted Certificated Note means a Certificated Note bearing the Private Placement Legend.

  • Initial Note A-8 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note B Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Proposal Security means the proposal bond as described in Section 3.3 of Exhibit B to the ITP.

  • Initial Additional Notes means Additional Notes issued in an offering not registered under the Securities Act and any Notes issued in replacement thereof, but not including any Exchange Notes issued in exchange therefor.

  • Registered Note means a Note in registered form;

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-4 Holder shall have the meaning assigned to such term in the preamble to this Agreement.