Examples of Purchaser Notes in a sentence
Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) incur any indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or the Purchase and Sale Agreement (including the SPV Purchaser Notes issued pursuant thereto); or (iii) form any new Subsidiary or make any investments in any other Person (except for investments in CoBank to the extent required by Section 7.1(k)).
The Company shall have issued to each such Purchaser Notes in the respective principal amounts set forth below such Purchaser's name on Annex 1.
Upon the Company's receipt of Identified Proceeds, the Company shall be required to reduce the principal amount outstanding under the Notes by prepaying the Notes in an aggregate amount equal to the lesser of (x) the outstanding principal, together with all accrued interest, under all notes issued to Purchasers (the "Purchaser Notes") and (y) (i) 50% of the first $200 million of aggregate Identified Proceeds, and (ii) 100% of aggregate Identified Proceeds in excess of $200 million.
There is no intercompany debt between the Seller and any LOL Company other than the SPV Purchaser Notes and debts incurred in connection with their respective obligations to each other under the Purchase Agreement.
This Agreement, the Purchaser Notes, the NWPA, the Security Agreement (as defined in the NWPA), the IP Security Agreement (as defined in the NWPA) and the NWPA Amendment and Waiver constitute the entire agreement among the parties with respect to the subject matter hereof and thereof and supersede all prior agreements and undertakings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof and thereof.