Year 1 Note definition

Year 1 Note means a promissory note issued by Canadian AcqCo to Holdco at the Third Closing. The Year 1 Note will have a principal amount of no more than Twelve Million Five Hundred Thousand Dollars ($12,500,000) (such principal amount, the “Year 1 Note Principal Amount”), will not bear interest, will be secured by a subordinated security interest in the First Closing Purchased Assets and will be due and payable on January 31, 2011 (the “Year 1 Payment Date”). The Year 1 Note will provide that, on the Year 1 Payment Date, Purchasers will (i) pay to the holder of such note (by wire transfer of immediately available funds to a bank account designated no less than five (5) Business Days prior to such date) the Year 1 Payment; and (ii) if necessary, deliver to the holder of such note a number of CLNE Shares calculated pursuant to the following formula: Year 1 Principal Amount minus the Year 1 Paymentthe lower of (x) the Year 1 Price and (y) the Year 1 Midpoint Price
Sample 1Sample 2
Year 1 Note means a promissory note issued by Canadian AcqCo to Holdco at the Third Closing. The Year 1 Note will have a principal amount of no more than Twelve Million Five Hundred Thousand Dollars ($12,500,000) (such principal amount, the “Year 1 Note Principal Amount”), will not bear interest, will be secured by a subordinated security interest in the First Closing Purchased Assets and will be due and payable on January 31, 2011 (the “Year 1 Payment Date”). The Year 1 Note will provide that, on the Year 1 Payment Date, Purchasers will (i) pay to the holder of such note (by wire transfer of immediately available funds to a bank account designated no less than five (5) Business Days prior to such date) the Year 1 Payment; and (ii) if necessary, deliver to the holder of such note a number of CLNE Shares calculated pursuant to the following formula: Year 1 Principal Amount minus the Year 1 Payment the lower of (x) the Year 1 Price and (y) the Year 1 Midpoint Price
Sample 1

Examples of Year 1 Note in a sentence

  • PROPERTY AND CLT FUNCTIONS Year 1 Note: Some of the costs shown will be incurred in the period leading up to the Company being formed.

  • Appendix A MA and AuD Program RequirementsCurriculum for AuD in Audiology Revised October 2008 Year 1 (Note: Courses Subject to Change)Coursework in the first year of the program is heavily weighted toward basic science and introductory clinical courses.

  • Table 2 – “Project Spending Plan” provides an example.Table 2 – Project Spending Plan Monthly Spending Plan (Year 1) Note: Create one spend plan for each year during the project period (actual starting month may be different than in the example).

  • Year 1 Note: All Funding Sources in Columns A-E will be eligible for reimbursement of expenditures incurred on or after "Funding Period - Start Date" and will cease eligibility for reimbursement of expenditures incurredafter "Funding Period - End Date".** Original Awards was overstated for RW Part B by $29,341 and TDSHS R by $40,504.

  • Table 2 – Project Spending Plan (Example) Monthly Spending Plan (Year 1) Note: Create one spend plan for each year during the project period (actual starting month may be different than in the example).

  • Spring - Year 1: Work on research proposal, submit to IRB by Week 10; receive IRB approval; towards end of spring, begin gathering data; discuss data analyses with mentor.Summer - Year 1: (Note: Mentors are ‘off’ in the summer, so prepare to work independently).

  • Our goal was to oversample hospitals that were more likely to take actions to respond to the CJR model while ensuring representation of “average” or “typical” hospitals.Exhibit C-3: Information used to Select Hospitals for Site Visits in Year 1 Note: ACH = acute care hospital, DSH = disproportionate share hospital, HCC = hierarchical condition category,HHI = Herfindahl-Hirschman index, LEJR = lower extremity joint replacement, MSA = metropolitan statistical area, PAC = post-acute care.

  • Target had loaned funds to Target Sub, designated as the Year 1 Note, which funds were loaned to Target by Acquiring (the “Target Note”).

  • Year 1 Note: All Funding Sources in Columns A-E will be eligible for reimbursement of expenditures incurred on or after "Funding Period - Start Date" and will cease eligibility for reimbursement of expendituresincurred after "Funding Period - End Date".** Original Awards was overstated for RW Part B by $25,675 and TDSHS R by $19,590.

  • Year 1 Note: All Funding Sources in Columns A-E will be eligible for reimbursement of expenditures incurred on or after "Funding Period - Start Date" and will cease eligibility for reimbursement of expenditures incurred after "Funding Period - End Date".** Original Awards was overstated for RW Part B by $28,504, and TDSHS R by $39,438.

Related to Year 1 Note

  • Class A-2 Note means any of the 0.51% Asset Backed Notes, Class A-2, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-1 Note means any of the 2.50000% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • RMB Note means a Note denominated in Renminbi.

  • Term A Note means a promissory note made by the Borrower in favor of a Term A Lender evidencing Term A Loans made by such Term A Lender, substantially in the form of Exhibit C-1.

  • Class A-4 Note means any of the ___% Asset Backed Notes, Class A-4, issued under the Indenture.

  • Class A-3 Note means any of the ___% Asset Backed Notes, Class A-3, issued under the Indenture.

  • Class C Note means any one of the Series 2024-2 6.01% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Class C Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes, the Class B Notes and the Class C Notes. For the purposes of calculating the Class C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.

  • Class A-3 Final Scheduled Distribution Date means the Distribution Date.

  • Class C Note Rate means 3.48% per annum.

  • Class A-4 Final Scheduled Payment Date means the October 2026 Payment Date.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.

  • Tranche A Note means a promissory note made by the Domestic Borrowers in favor of a Tranche A Lender evidencing Tranche A Loans made by such Tranche A Lender, substantially in the form of Exhibit C-1.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Class A-4 Final Scheduled Distribution Date means the Distribution Date.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.