Common use of Purchase Money Notes Clause in Contracts

Purchase Money Notes. In connection with the sale of the Assets to the Company, as of the Closing Date the Company has issued to the Transferor, as a Holder, a single Class of Purchase Money Notes with the designation of the Class A Purchase Money Notes in the principal face amount of $6,050,777,826.70, with an interest rate equal to the Applicable Interest Rate.

Purchase Money Notes. In connection with the sale of the Assets to the Company, the Company as of the Closing Date the Company has issued to the Transferor, as a Holder, a single Class of Purchase Money Notes with the designation of the Class A Purchase Money Notes in the principal face amount of $6,050,777,826.70, with an interest rate equal to 62,418,668.00 (inclusive of the Applicable Interest RatePurchase Money Notes Issuance Fee).