Settlement Note definition

Settlement Note means the $2.5 million senior unsecured note to be issued by Reorganized Hexion on the Effective Date to the Consenting Sponsors, which shall (i) mature on March 31, 2020, (ii) be payable upon any public offering or listing of New Common Equity (or any other equity interests of the Reorganized Debtors) on The Nasdaq Global Select Market, The New York Stock Exchange, or any successor national securities exchanges, on or after the Effective Date, (iii) be freely transferrable by the holder, and (iv) contain other terms and conditions reasonably acceptable to the Required Consenting Parties.
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Settlement Note means the note to be issued by Verizon and made payable to Seller at Closing, in the form appended as Exhibit B, in an amount equal to the principal amount of the Vodafone B.V. Inc. Note plus accrued interest, which shall be settled in accordance with Section 5.19.
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Settlement Note means that component of the Settlement Fund represented by a $5 million Promissory Note with a 5% interest rate and a 30- month maturity and secured by the collateral outlined in the Security Agreement.
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Examples of Settlement Note in a sentence

  • Any such waiver of a condition precedent may be effected at any time by filing a notice thereof with the Bankruptcy Court executed by the Debtors, the Creditors’ Committee, the JPMC Entities, the Settlement Note Holders and the FDIC Receiver and FDIC Corporate.

  • The Global Settlement Agreement is incorporated into this Plan by reference as if fully set forth herein and, subject to the occurrence of the Effective Date and execution of the Global Settlement Agreement, represents a full, final and complete compromise, settlement, and release of the issues in dispute among the Debtors, JPMC, the FDIC Receiver, FDIC Corporate and the Settlement Note Holders, including, among other issues, resolution of all Related Actions.

  • Upon the seller performing a title transfer into CGX’s settlement facility within the delivery period, the buyer will receive a Trade Settlement Note with the required payment details, and the physical grain will be made available to the buyer upon funds being received by CGX (funds need to be received within 5 business days of the seller performing a title transfer).

  • The Clerk of the Bankruptcy Court shall have entered the Confirmation Order, in form and substance reasonably satisfactory to the Debtors, the Creditors’ Committee, the JPMC Entities, the Settlement Note Holders and the FDIC Receiver and FDIC Corporate, in accordance with section 1129 of the Bankruptcy Code, and the Confirmation Order shall have become a Final Order.

  • The Parties further acknowledge and agree that, in connection with the Chapter 11 Cases and the negotiation and consummation of this Agreement, the Settlement Note Holders, at all times, acted (a) in good faith and (b) solely for themselves and not on behalf of or in representation of any other creditors, bondholders or other parties in interest.

  • Financial Services Activity, Flows, Execution and Settlement Note - This Section requires the Applicant to describe the respective Flows, Execution and Settlement for each Financial Service Activity selected in the previous Section.

  • The Confirmation Order and this Plan each is in a form and substance satisfactory to the Debtors, the Creditors’ Committee, the JPMC Entities, the Settlement Note Holders and the FDIC Receiver and FDIC Corporate.

  • The financial accommodations to be extended pursuant to the Settlement Note are being extended, and shall be deemed to have been extended, in good faith, for legitimate business purposes, are reasonable, shall not be subject to avoidance, recharacterization, or subordination (including equitable subordination) for any purposes whatsoever, and shall not constitute preferential transfers, fraudulent conveyances, or other voidable transfers under the Bankruptcy Code or any other applicable non-bankruptcy law.

  • The Debtors, JPMC, the FDIC Receiver, FDIC Corporate, the Creditors’ Committee and the Settlement Note Holders acknowledge and agree that the acceptance of the Plan will not be solicited until the Bankruptcy Court has approved the Disclosure Statement and related ballots, and such Disclosure Statement and ballots have been transmitted to parties entitled to receive same.

  • The Settlement Note shall not be subject to avoidance, recharacterization, or subordination (including equitable subordination) for any purposes whatsoever, and shall not constitute a preferential transfer, fraudulent conveyance, or other voidable transfer under the Bankruptcy Code or any other applicable non- bankruptcy law.


More Definitions of Settlement Note

Settlement Note has the meaning specified in the Transaction Agreement.
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Settlement Note means the Settlement Note to be executed by Borrowers on or before the Closing Date in favor of BankBoston, which shall be in the form of EXHIBIT C attached hereto and which shall evidence all Settlement Loans made by BankBoston to Borrowers pursuant to this Agreement.
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Settlement Note means a promissory note from an Account Debtor to a Grantor evidencing such Account Debtor’s obligation to pay Accounts that are past due when the terms of such note are approved by such Grantor.
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Settlement Note means a Municipal Tranche Settlement Note or a Structured Tranche Settlement Note.
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Settlement Note means a secured promissory note in the amount of $2,710,000.00, dated the date hereof, with Dunes as maker and Pledgee as payee, and all amendments, modifications and extensions of such note. "Income and Proceeds" means all present and future income, proceeds, substitutions from or for the Collateral of every kind and nature, including without limitation, all principal payments, interest, proceeds of any insurance on the Collateral, condemnation awards from any of the real property encumbered by the SHF Deeds of Trust, and all other real or personal property Pledgor is entitled to receive on account of such Collateral.
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Settlement Note is hereby changed to "Settlement Promissory Note."
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Related to Settlement Note

  • Adjustment Note has the meaning given in the GST Legislation;

  • Bridge Note means any promissory note issued by Borrower pursuant to the terms of the Bridge Note Agreement.

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

  • 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.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

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

  • 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.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • Revolver Note means any one of such Revolver Notes.

  • Swing Note is defined in Section 1.11 hereof.

  • Subordinated Intercompany Note means the Subordinated Intercompany Note, substantially in the form of Exhibit H.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Replacement Notes means Notes issued to the Beneficial Owners of the Notes in accordance with Article II hereof.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Lead Note means Note A-1.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

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

  • RMB Note means a Note denominated in Renminbi.

  • Swapped Note is defined in Section 8.6(b).

  • Repayment Agreement means an agreement

  • Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;