Sale Note definition

Sale Note means one or more secured promissory notes in substantially the form set forth in Exhibit H to this Agreement payable by the Purchaser Subsidiary to the Borrower in consideration of the sale of particular Transferred Assets, the maturity date of which note shall be no later than the Revolving Credit Termination Date.
Sale Note means that certain promissory note executed by DCX Holding in favor of Vertrieb in the original principal amount of One Million Dollars ($1,000,000.00) dated January 3, 2003 delivered in connection with the EME Sale.
Sale Note has the meaning given in clause 10.2.1.

Examples of Sale Note in a sentence

  • The sale is recorded at the price and quantity agreed upon and raising the Sale Note.

  • Due to the disposal of the US – Puerto Rico CGU subsequent to September 30, 2019, these assets were reclassified to Assets Held for Sale (Note 5).

  • Due to the disposal of the US – Puerto Rico CGU subsequent to December 31, 2020, these assets were reclassified to Assets Held for Sale (Note 5).

  • Upon conversion in full of the conversion right attaching to the Sale Note at the prevailing conversion price of HK$0.108 per Conversion Share, a total of 555,555,555 M Dream Shares will fall to be allotted and issued by M Dream.

  • If at any time either Borrower receives (i) an EME Sale Payment or (ii) a dividend or distribution resulting from the receipt by Vertrieb of a payment on the EME $1,000,000.00 Sale Note, the full amount of such dividend shall be immediately paid to Agent to be applied, first, to reduce the Overadvance Amount until the Overadvance Amount is reduced to zero, and, second, to repay the Revolving Loans.

  • However, if any amount due under the Sale Note is not paid in full when due, interest shall accrue on the overdue sum at the rate which is the lower of (a) HIBOR plus 1.5% per annum and (b) 4% per annum (beginning on the due date) until such amount has been paid in full.

  • Cash at bankShort-term deposits9,268–31,604999Cash and cash equivalents9,26832,603Cash and cash equivalents excludes £17.8 million of cash and cash equivalents reclassified as Assets Held for Sale Note 15.

  • The Credit Agreement is hereby amended to include the form of Sale Note as an exhibit, in the form attached to this Amendment.

  • During the period ended June 30, 2021, the lender of the Company’s mortgages payable has called the mortgages by way of Power of Sale (Note 24).

  • During the period ended March 31, 2021, the lender of the Company’s mortgages payable has called the mortgages by way of Power of Sale (Note 24).

Related to Sale Note

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • New Note shall have the meaning assigned to such term in Section 38.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • 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.

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

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

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

  • 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.

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

  • Note A-9 Holder means the Initial Note A-9 Holder or any subsequent holder of Note A-9, as applicable.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Exchange Note means the Closed-End Exchange 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 Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-5 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • Note A Holder means with regards to any A Note, the related Initial Note Holder or any subsequent holder of such A Note, as applicable.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Owned Note shall have the meaning assigned to such term in Section 32.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

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

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

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

  • Committed Note means a promissory note of a Borrower payable to the order of any Lender, in substantially the form of Exhibit A-1, evidencing the indebtedness of that Borrower to such Lender resulting from the Committed Advances made by such Lender to that Borrower.

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.