Undelivered Notes definition

Undelivered Notes means any promissory notes issued to any Grantor so long as the aggregate principal amount of all Undelivered Notes shall not exceed, at any time, $1,000,000.
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Undelivered Notes means promissory issued (x) in respect of Indebtedness permitted under subsection 9.1(c) of the Credit Agreement, (y) in respect of loans or advances permitted under subsection 9.6(h) of the Credit Agreement or (z) in the principal amount of less than $250,000 individually or 300 $1,000,000 in the aggregate; provided that Undelivered Notes shall cease to constitute Undelivered Notes, and shall thereafter constitute Pledged Notes, at such time, if any, as same are delivered as required by clause (ii) of subsection 7(a) of this Agreement.
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Undelivered Notes means any Adjustable Rate Notes whose Registered Owner has submitted a demand that such Notes be repurchased by the Corporation on a designated Purchase Date or which are subject to mandatory tender for purchase in accordance with the terms of a Supplemental Indenture, and which are not, in fact, delivered for repurchase on the specified Purchase Date by the Registered Owners thereof, but as to which the Purchase Price has been set aside in the Purchase Fund.
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Examples of Undelivered Notes in a sentence

  • If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any promissory note, other instrument or chattel paper, except to the extent meeting the requirements set forth in the definition of Undelivered Notes, such note, instrument or chattel paper shall be immediately delivered to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

  • Purchase of Notes - Undelivered Notes....................................................


More Definitions of Undelivered Notes

Undelivered Notes means any Notes subject to purchase pursuant to Section 5.03 or
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Related to Undelivered Notes

  • Old Notes shall have the meaning set forth in the preamble hereto.

  • Retained Notes means the Class B Notes, $16,050,000 of the Class A-1 Notes, $16,043,000 of the Class A-2a Notes, $13,157,000 of the Class A-2b Notes, $27,750,000 of the Class A-3 Notes and $5,000,000 of the Class A-4 Notes until such time as such Notes are the subject of an Opinion of Counsel pursuant to Section 2.04(g) and Section 2.14(c) of this Indenture with respect to their classification as debt for U.S. federal income tax purposes.

  • Registered Notes has the meaning specified in Section 2.1.

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

  • Offered Notes The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes and the Class D Notes.

  • Refunded Notes means that portion of the Series 298 Notes and Series 300 Notes paid from the proceeds of the Bonds and other available funds of the Issuer.

  • Book-Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

  • Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.09.

  • Required Noteholders means Holders of Outstanding Notes evidencing more than 66 2/3% of the principal balance of the most senior Class of Notes Outstanding.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • 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.

  • Definitive Trust Certificates shall have the meaning set forth in Section 3.10.

  • Verified Note Owner means a Note Owner that has provided the Indenture Trustee or the Servicer, as applicable, with each of (i) a written certification that it is a beneficial owner of a specified principal amount of Outstanding Notes and (ii) a trade confirmation, an account statement, a letter from a broker or dealer or other similar document showing that such Note Owner is a beneficial owner of such principal amount of Outstanding Notes.

  • Rated Notes means the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Proposal Security means the proposal bond as described in Section 3.3 of Exhibit B to the ITP.

  • Certificated Notes means Notes that are in the form of Exhibit A attached hereto.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Definitive Certificates As defined in Section 5.01(b).

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.