Master Intercompany Note Sample Clauses

Master Intercompany Note. The Borrower shall have delivered to the Collateral Agent the Intercompany Note executed by and among the Borrower and each of its Restricted Subsidiaries, accompanied by instruments of transfer undated and endorsed in blank.
View SourceView Similar (3)
Master Intercompany Note. Amend, waive or modify the Master Intercompany Note in any material respect, or fail to perform or fail to require the performance of any material obligation set forth in the Master Intercompany Note, in each case in accordance with the terms thereof.
View SourceView Similar (2)
Master Intercompany Note. The Borrower shall deliver to the Collateral Agent, within 10 days after the Closing Date, the Intercompany Note executed by and among the Borrower and each of its Subsidiaries, accompanied by instruments of transfer undated and endorsed in blank.
View SourceView Similar (2)
Master Intercompany Note. Amend, waive or modify the Master Intercompany Note, or fail to perform or fail to require the performance of the Master Intercompany Note, in each case in accordance with the terms thereof.
View SourceView Similar (2)
Master Intercompany Note. FOR VALUE RECEIVED, each of the entities set forth on the signature pages hereto and each entity listed as a Borrower or a Payor (or otherwise indicated as borrowing from another entity) under any intercompany loan agreement, as amended, and corresponding note or under any other promissory note, in each case listed on Annex A to this Master Intercompany Note (collectively, the “Originals”) (together with their registered assigns, each a “Payor”), hereby severally, and not jointly, promises to pay to the order of the Payee, in lawful money of the United States of America (or such other currency as such loan and/or advance was made or as otherwise set forth in and with respect to the Originals) in immediately available funds, at such location as Payee shall from time to time designate, the unpaid principal amount of all loans and advances made by Payee to or on behalf of the applicable Payor (including all payments made by Payee under letters of credit issued from the account of Payee which support transactions entered into by any Payor) and such interest as the parties have determined and established on their respective books and records or as otherwise set forth in and with respect to the Originals. Notwithstanding anything to the contrary contained herein, this Master Intercompany Note (the “Note”) shall evidence (a) all loans and advances from each Payee to each Payor not evidenced by another note, instrument or writing and (b) each Original. The principal balance of all loans and advances made by each Payee to each Payor, together with all accrued interest thereon, shall be due and payable in full on demand, unless otherwise agreed in writing by such Payor and Payee, as applicable, or, in the case of the Originals, as otherwise set forth in such Originals. Unless otherwise set forth to the contrary in the Originals (with respect to the Originals), each Payor may prepay all or any part of the principal or accrued interest at any time and from time to time, without premium or penalty. Unless otherwise set forth in the Originals (with respect to the Originals) all partial prepayments shall be applied first to accrued and unpaid interest and then to the unpaid principal amount of the loans. Upon the commencement of any bankruptcy, reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar proceeding of any jurisdiction relating to any Payor, the unpaid principal amount hereof with respect to the app...
View Source
Master Intercompany Note. The Credit Parties shall have duly executed and delivered to the Administrative Agent the Master Intercompany Note.
View Source

Related to Master Intercompany Note

  • Intercompany Loans Notwithstanding any provision to the contrary set forth in the Transaction Documents (including, without limitation, clause (s) of the definition of “Eligible Loan” in Annex X), the Guarantor (i) shall not permit any Seller to sell, transfer, assign or otherwise convey any Intercompany Loan to Bunge Funding under the Sale Agreement that has a maturity in excess of six (6) years and (ii) shall either cause a Seller, Bunge Funding or the Trustee to demand repayment of all outstanding principal and accrued interest under each Intercompany Loan or cause a Seller to refinance such amounts by making a new Intercompany Loan to the applicable Obligor within six (6) years from the date of such Intercompany Loan.

  • Intercompany Obligations Section 2.21 of the Bank Disclosure Letter sets forth all contracts, obligations, commitments and arrangements, including all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit, between Seller or any of its affiliates (other than Bank), on the one hand, and Bank, on the other hand (collectively, the “Intercompany Obligations”). All such Intercompany Obligations (other than the Stockholders Agreement and Separation Agreement) will be terminated at Closing. Bank has made available to Investor a true, correct and complete copy of the Separation Agreement.

  • Stock Pledge Agreement The term "Stock Pledge Agreement" shall have the meaning set forth in Section 6.3(xiii).

  • Intercompany Indebtedness The Company shall not create, incur, assume or otherwise become or remain directly or indirectly liable with respect to any Indebtedness arising from loans from any Subsidiary to the Company unless (a) such Indebtedness is unsecured and (b) such Indebtedness shall be expressly subordinate to the payment in full in cash of the Obligations on terms satisfactory to the Administrative Agent.

  • Promissory Notes Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its permitted registered assigns) and in a form attached hereto as Exhibit C. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its permitted registered assigns).