Unsecured Note definition

Unsecured Note shall have the meaning set forth in Section 2.04(a).

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Unsecured Note means the unsecured promissory note in the aggregate principal amount of Five Hundred Thousand U.S. Dollars (US$500,000) in form and substance as set forth in Exhibit C-2 hereto.

Unsecured Note means [Insert for single tranche Unsecured Notes: “an unsecured note of the Corporation, designated as “[___],” that will be issued pursuant to the Base Indenture as provided, and having the terms specified, in Section 9.”] [Insert for double tranche Unsecured Notes: “a unit security of the Corporation, with each such unit having an aggregate principal amount of one thousand dollars ($1,000) and consisting of (i) a First Tranche Unsecured Note having a principal amount of [___] dollars ($[___]); and (ii) a Second Tranche Unsecured Note having a principal amount of [___] dollars ($[___]).”]

Examples of Unsecured Note in a sentence

The Loans and other Bank Obligations are hereby designated as “Senior Indebtedness” and “Designated Senior Indebtedness” for all purposes of the November 2013 5.625% Senior Unsecured Note Documents, the 2007 Intercreditor Agreement and the November 2013 Intercreditor Agreement.
This Note amends and restates and is a substitute for, but is not in payment or satisfaction of, the Unsecured Note no.
The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” under and as defined in the November 2013 5.625% Senior Unsecured Note Documents, “Senior Liabilities” under and as defined in the 2007 Intercreditor Agreement, and “Senior Obligations” under and as defined in the November 2013 Intercreditor Agreement.
The Borrower has delivered to the Administrative Agent a complete and correct copy of the Senior Unsecured Note Indenture and such other documents as the Administrative Agent shall have reasonably requested.
To the extent that a Party holds Credit Agreement Claims, Unsecured Note Claims, and/or commitments under the Investment Agreement (as indicated on its signature page to this Agreement, Joinder, or Transfer Agreement), it shall be considered a Consenting Lender, Consenting Noteholder, and/or Commitment Party, respectively, for the purposes of all rights and obligations of such Parties under this Agreement.

More Definitions of Unsecured Note

Unsecured Note shall have the meaning given to such term in Recital A.

Unsecured Note means a note evidencing any indebtedness which is not secured by a Mortgage.

Unsecured Note means the unsecured note in the aggregate original principal amount of $13,154,930.60 issued pursuant to Section 3.2, and each such Unsecured Note delivered in substitution or exchange for, subdivision of, or otherwise in respect of, the Unsecured Note pursuant to any provision of this Agreement. Should the Lender elect (subject to compliance with the terms of this Agreement and the Unsecured Note) to cause one or more Affiliates or other Persons to hold a portion of the Unsecured Note, then the Unsecured Note may be subdivided into multiple “Unsecured Notes”.

Unsecured Note has the meaning set forth in the Recitals.

Unsecured Note means any instrument or document acknowledg• ing a loan which does not create a security by way of charge over assets of a company.

Unsecured Note means either of the Unsecured Notes.

Unsecured Note means that certain unsecured subordinated convertible note the terms of which are reflected in that certain Convertible Note Financing Binding Term Sheet dated December 29, 2011 as amended by that certain Convertible Note Financing Binding Term Sheet dated March 1, 2012.