Subordinated Promissory Note definition

Subordinated Promissory Note shall have the meaning specified in Section 2.01(a).

Subordinated Promissory Note means the 4% Nonrecourse Subordinated Promissory Note due 2010 issued by Glenwood Acquisition LLC, in the aggregate principal amount of $3,275,000.

Subordinated Promissory Note has the meaning set forth in EXHIBIT A to this Agreement. The indebtedness evidenced by the Subordinated Promissory Note is part of the Subordinated Indebtedness.

Examples of Subordinated Promissory Note in a sentence

• Subordinated Promissory Note in the principal amount of $37.5 million between Valhi, Inc.

• Senior Secured Subordinated Promissory Note between BMO Private Equity (U.S.), Inc.

• Form of Subordinated Promissory Note from Hard Rock Solutions LLC and Superior Drilling Products LLC, as borrower, in favor of Hard Rock Solutions, Inc., as lender, to be executed upon closing of the Hard Rock acquisition (incorporated by reference to Exhibit 10.11 to the Registrant’ s Registration Statement on Form S-1 (Registration No. 333- 195085) filed with the SEC on April 7, 2014).

• The terms of the Subordinated Promissory Note are that it bears interest at three percent and is payable after thirty days written notice by either party.

• Also includes 1,075,268 shares (“ Note Shares”) issuable upon conversion of the Convertible Subordinated Promissory Note dated as of September 16, 2010 and 400,000 shares (“Warrant Shares”) issuable upon exercise of the Warrant dated as of September 16, 2010, which convertible note and warrant are jointly held by Atrop, Inc.

More Definitions of Subordinated Promissory Note

Subordinated Promissory Note means the Non-Negotiable Subordinated Promissory Note made by Concordia Healthcare Inc. in favour of Guillermo Herrera, dated December 20, 2013, or any permitted assignee thereof, as amended, modified and/or supplemented from time to time;

Subordinated Promissory Note means the $25,000,000 unsecured subordinated promissory note made by the Borrower in favor of the Parent dated February 13, 2013, as the same may from time to time be amended, modified, supplemented or restated as expressly permitted by Section 9.04(c).

Subordinated Promissory Note means that certain Subordinated Promissory Note, dated as of August 14, 2018 between Meidu Energy Corporation and MD America Energy, LLC.

Subordinated Promissory Note means the Subordinated Promissory Note in the principal amount of $30,077,357.00 dated as of April 8, 1999 by the Borrower in favor of Western Digital Corporation (or any other holder thereof) .

Subordinated Promissory Note means that certain Subordinated Promissory Note, dated as of July 1, 2009, made by LEAF Financial in favor of Resource Leasing, Inc.

Subordinated Promissory Note means the Subordinated Promissory Note dated as of September 23, 1998 made by the Company to Deans Food Company in principal amount of $30.0 million issued in connection with the consummation of the Acquisition.

Subordinated Promissory Note means the note evidencing the Subordinated Loans.