Qualified Note definition

Qualified Note means a recourse note, with a market rate of interest, that may, at the discretion of the Administrator, be secured by the Optioned Stock or otherwise.
Qualified Note means a recourse note, with a fixed market rate of interest, that may, at the discretion of the Committee, be secured by Shares or otherwise.
Qualified Note means a recourse note, with a market rate of interest, that may, at the discretion of the Committee, be secured by Optioned Stock or otherwise.

Examples of Qualified Note in a sentence

  • Qualified Note Taker shall mean a note taker who is able to transcribe voice communications competently, accurately, and impartially, using any specialized terminology necessary to effectively communicate in a hospital setting to a Patient or a Companion who is deaf or hard of hearing, given that individual's language skills and history.

  • Qualified Note Taker shall mean a note taker who is able to transcribe voice communications competently, accurately, and impartially, using any specialized terminology necessary to effectively communicate in a health care setting to a Patient or a Companion who is deaf or hard-of-hearing, given that individual’s language skills and history.

  • From Budget Cost Qualifier VFX/Animation Threshold CalculationAmount* % TotalDownstate + Upstate Qualified Costs Post Production Threshold Calculation Amount* % TotalDownstate + Upstate Post Qualified *Note that only Qualified costs, as defined on the Schedule of Qualified Expenditures for Post Production, whether they are incurred within or without NY State, are included in this calculation.

  • Table 2.5.3 Base Metal ThicknessRepair Groove DepthPQR TestMaterial ThicknessPQR Groove Depth (Note 2)Thickness Qualified (Note 1)< 2 in.

  • Note K – Subsequent Events Subsequent to yearend, the Organization entered into an interest rate swap agreement, with a notional value of $1,000,000 that swapped the variable interest rate for the 2010 Bank Qualified Note discussed in Note E to a fixed rate of 3.06% per annum.


More Definitions of Qualified Note

Qualified Note means a recourse note, with a fixed rate of interest equal to or greater than the market rate at the time of exercise, that may, at the discretion of the Administrator, be secured by the Optioned Stock or otherwise.
Qualified Note. Issuance shall mean the first issuance of unsecured Indebtedness under a New Note Indenture to occur after the Closing Date in an amount greater than or equal to $300,000,000 as permitted pursuant to Section 8.2.1(x) [Indebtedness].
Qualified Note means a recourse note, with a fixed market rate of interest, that may, at the discretion of the Committee, be secured by Shares or otherwise. rr. “Re-Load Option” means a new Option or SAR that is automatically granted to a Participant as result of such Participant’s exercise of an Option or SAR.
Qualified Note has the meaning assigned to such term in the Partnership Agreement.
Qualified Note means an unsecured promissory note of the Company (i) maturing in five years, with principal due in five equal annual installments, (ii) bearing interest at an annual rate equal to the Prime Rate, with interest paid annually in arrears, and (iii) becoming payable on a Substantial Sale; PROVIDED, HOWEVER, that the terms of such note shall expressly be subordinated and subject to the Company's Credit Agreements as required by the lenders thereunder and any failure by the Company to make any principal or interest payment on such note shall not be a default under such note if such payment is at the time of payment prohibited under the terms of any of the subordination provisions of the Credit Agreements. ---------------
Qualified Note means a Note executed by a Purchaser or Purchasers, payable to the order of Borrower in connection with a Qualified Sale, which has been assigned and endorsed over to Lender with recourse, with respect to which all of the requirements for a Qualified Timeshare Loan are true.
Qualified Note means a debt instrument (i) at a rate higher than the Thirty Day Treasury Rate, (ii) issued by an issuer whose unsecured debt having a term of more than one year (after giving effect to the issuance of such debt instrument) would be rated BBB- or higher by S&P and Baa3 or higher by Xxxxx'x and including (a) those terms that are necessary to cause it to be valued at par when issued and every quarter thereafter and at any time at which an adjustment to the Carrying Value of such debt instrument would be required, and (b) such other material terms that are not different in any material respect to the holder of such debt instrument than those contained in the BOI Loan Agreement and the BOI Note.