Subordinated Contribution Note definition
Subordinated Contribution Note means the subordinated promissory note issued by the Lead Borrower in favor of Holdings evidencing the $450,792,794.57 loan made by Holdings to the Lead Borrower on the Original Closing Date, which note shall be unsecured and fully subordinated to the Obligations, shall bear only pay-in-kind interest and shall mature not earlier than six months after the Maturity Date.
Subordinated Contribution Note means the subordinated promissory note issued by the Lead Borrower in favor of Holdings evidencing the
Subordinated Contribution Note means the subordinated promissory note issued by the Lead Borrower in favor of Holdings evidencing a loan in the principal amount of $547,841,036.69 (which principal amount may be increased by the addition of pay-in-kind interest pursuant to the terms of such note) made by Holdings to the Lead Borrower on May 23, 2018, as amended by that certain amendment no. 1 to subordinated promissory note dated as of September 6, 2024, which note shall be unsecured and fully subordinated to the Obligations, shall bear only pay-in-kind interest and shall mature not earlier than six months after the Maturity Date.