Million Note Clause Samples

Million Note. All provisions in the Security Agreement shall otherwise remain unchanged, and the Security Agreement shall remain in full force and effect.
Million Note. Unless the same shall become due earlier as a result of acceleration of the maturity, the $34 Million Note shall mature on the earlier of (i) the Initial Closing (as such term is defined in the Purchase Agreement) of the Alterra Equity Transaction or (ii) the initial closing of a Financing Proposal that is a Superior Proposal (as such terms are defined in the Purchase Agreement) or (iii) February 2, 2001, at which time the outstanding principal balance of the $34 Million Loan and all accrued and unpaid interest and facility fees shall become due and payable.
Million Note. It is a legal requirement that all companies hold Employer’s (Compulsory) Liability Insurance of £5 million as a minimum. Note this requirement is not applicable to Sole Traders. Public Liability Insurance = Min £10m per claim Professional Indemnity Insurance = Min £ 1 million per claim Yes/No Responses to the questions in this section will be scored on the basis of the marking criteria detailed in the table below.
Million Note. The Reserved Obligation relating to the $11.6 Million Note shall become due and payable (A) when any prepayment of the $11.6 Million Note is required by paragraph 5.b. or 5.c. thereof and/or (B) on the maturity date of the $11.6 Million Note.
Million Note. Source One's $1.2 Million Note to Purchaser shall be converted to a capital contribution by Purchaser in Source One.
Million Note. The Reserved Obligation relating to the $11.6 Million Note shall be reduced by the aggregate amount of principal of the $11.6 Million Note received by Dart and shall cease to be a Reserved Obligation at such time as all principal or other amounts (other than interest) payable under the $11.6 Million Note are paid in full.
Million Note. You have agreed to extend the maturity date of your $5.6 million Amended and Restated Promissory Note issued in August 2021 to August 31, 2026.
Million Note. In the event that Dart or Cabo▇-▇▇▇▇▇▇ ▇▇▇ "prevented from enforcing" (as defined below) any rights or remedies with respect to the Collateral or, after enforcing such rights and remedies, any Obligations remain unpaid, then Dart and Cabo▇-▇▇▇▇▇▇ ▇▇▇ll be entitled to enforce any claim for the Obligations (including a deficiency claim) against RSH personally or against any or all of RSH's assets.

Related to Million Note

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, ▇▇▇▇▇ ▇▇▇▇▇▇. It is preferable that you scan and email it to her at ▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇.▇▇.▇▇ but may also mail it to the address on our letterhead. Only use one method.

  • Convertible Note From and after the Effective Time, the Company's $8,000,000 10% convertible subordinated promissory note, dated November 20, 1998, payable to Wind Point Partners III, L.P. (the "Convertible Note") shall, in accordance with the terms of the Convertible Note, represent the right, upon conversion thereof in accordance with its terms, to receive in cash, without interest, a single lump sum cash payment equal to the product of (i) the number of shares of Company Common Stock issuable upon the conversion of such Convertible Note in accordance with its terms immediately prior to the Effective Time and (ii) the Common Stock Merger Consideration, such cash payment to be reduced by any required withholding of Taxes.

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Term Note The Term Loan shall be evidenced by the Term Note. At the time of the disbursement of the Term Loan or a repayment made in whole or in part thereon, a notation thereof shall be made on the books and records of the Bank. All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Term Loan advanced hereunder, (ii) any accrued and unpaid interest owing on the Term Loan and (iii) all amounts repaid on the Term Loan. The failure to record any such amount or any error in recording such amounts shall not, however, limit or otherwise affect the joint and several obligations of the Borrowers under the Term Note to repay the principal amount of the Term Loan, together with all interest accruing thereon.

  • Loan Fee Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.