Subsidiary Note definition

Subsidiary Note the promissory note made by Gulfstream Aerospace Corporation, a Georgia corporation and a Subsidiary of the Company, in favor of the Company and evidencing the intercompany indebtedness owed from time to time by such Subsidiary to the Company.

Subsidiary Note means a promissory note made by a Subsidiary payable to the Borrower and meeting the requirements of Section 6.2.7(e).

Subsidiary Note means any promissory note, substantially in the form of the Partnership Note, which a Subsidiary executes and delivers to Atlantic after the date hereof to evidence a Subsidiary Loan made by Atlantic to such Subsidiary.

Examples of Subsidiary Note in a sentence

• The waiver and release are part of the consideration for issuance of the Notes, the Elan Note Guarantee and the Subsidiary Note Guarantees.

• No incorporator, director, officer, employee, shareholder or controlling Person, as such, of the Issuers, the Company or any Subsidiary Note Guarantor will have any liability for any obligations of the Issuers under the Notes or the Indenture, the Company under the Elan Note Guarantee or the Indenture or any Subsidiary Note Guarantor under its Subsidiary Note Guarantee or the Indenture for any claims based on, in respect of or by reason of such obligations or their creation.

• In addition, at the election of Homestead, the subject Subsidiary shall execute a Subsidiary Note in the amount of the Loan determined by Homestead to be allocable to such Project and the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount (as Homestead may elect) shall be decreased by the amount of any such Subsidiary Note.

• The Indenture imposes certain limitations on, among other things, the ability of the Issuers, the Company, the Subsidiary Note Guarantors and certain Restricted Subsidiaries to: Incur Indebtedness, make Restricted Payments, incur Liens, make Asset Sales, designate Unrestricted Subsidiaries, enter into transactions with Affiliates, or consolidate or merge or transfer or convey all or substantially all of the Company’s and its Restricted Subsidiaries’ assets.

• In the event any Subsidiary executes a Subsidiary Note and/or any Subsidiary Security Documents as contemplated under this Section 2.4, the parties shall, contemporaneously therewith, execute, deliver, and, if appropriate, record, such amendments to the Loan Documents as may reasonably be necessary or appropriate to properly document any resulting changes in the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount.

More Definitions of Subsidiary Note

Subsidiary Note means any promissory note, substantially in the form of the Partnership Note, which a Subsidiary executes and delivers to PTR after the date hereof to evidence a Subsidiary Loan made by PTR to such Subsidiary.

Subsidiary Note means that certain promissory note executed by Contico Manufacturing Limited in favor of Katy, in form and substance acceptable to Agent, as such promissory note is in effect on the Closing Date and as such promissory note may be amended from time to time thereafter to the extent permitted under subsection 7.2.19 of the Agreement.

Subsidiary Note has the meaning set forth in SECTION 2.1(D)(II) hereof.

Subsidiary Note means a promissory note made by a Subsidiary Guarantor existing on the Effective Date in favor of the Borrower and substantially in the form of Exhibit J hereto or such other form reasonably acceptable to the Collateral Agent.

Subsidiary Note means the Convertible Promissory Note, dated March 31, 2004, originally issued to Nesracorp Inc. (under its former name Interactive Nutrition, Inc.) jointly by Bio-One Corporation and INII in the principal amount of $15,000,000, as such note may be amended from time to time. Such note has since been purchased by the Company.

Subsidiary Note means a promissory note of a Borrower Subsidiary payable to the Borrower in substantially the form of Exhibit F, with such changes thereto as shall be agreed to by the Administrative Agent, as reaffirmed by the Omnibus Consent and as amended, supplemented or otherwise modified from time to time in accordance with this Agreement.

Subsidiary Note means a promissory note of a Borrower Subsidiary payable to the Borrower in substantially the form of Exhibit J.