Base Note definition

Base Note means the convertible note issued to the Purchaser pursuant to Section 2.1 below, the form of which is attached hereto as Exhibit A.
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Base Note means the promissory note attached hereto as Exhibit A.
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Base Note means the Base Note under the Purchase Agreement.
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Examples of Base Note in a sentence

  • Notwithstanding any conflicting provisions contained in the Base Note, if at any time the unpaid balance of the Base Note exceeds the Borrowing Base, Debtor shall immediately pay to the Bank the difference, including all accumulated interest.

  • The Company further agrees to issue to the Purchaser PIK Note(s) pursuant to the terms of the Base Note.

  • A termination of this Agreement under Section 6.1 will not affect the rights of the Parties with respect to breaches of any agreement, covenant, representation or warranty contained in this Agreement, except as stated in Section 6.1 with respect to the obligation of Buyer to make Fixed Deferred Payments, Variable Deferred Payments or payments under the Base Note.

  • Upon the occurrence of a Tax Event and redemption of the Membership Interest by the Operating Company in accordance with Section 10.8 of the Amended LLC Agreement, Buyer shall have no further obligation to make Fixed Deferred Payments, Variable Deferred Payments or payments under the Base Note, other than any such payments that are due and payable at the time of such redemption but which have not been paid in full.

  • If Buyer makes the scheduled payment under the Base Note, but defers the Fixed Deferred Payment, that shall be regarded as a deferral for purposes of the preceding sentence.

  • The Fixed Deferred Payments shall be subordinated to payments then due and owing under the Base Note.

  • That portion of the Loan evidenced by the Borrowing Base Note shall hereinafter be referred to as the "Borrowing Base Loan" and that portion of the Loan evidenced by the Warehouse Note shall hereinafter be referred to as the "Warehouse Loan".

  • The aggregate purchase price (the "Purchase Price") for the Membership Interest being purchased under this Agreement, subject to adjustment as set forth below, will be comprised of a cash payment on the Closing Date in the amount of $1,000,000, the Base Note, the Fixed Deferred Payments and Variable Deferred Payments as provided in Sections 2.3, 2.4 and 2.5.

  • Notwithstanding the foregoing, Buyer may not defer the scheduled payment under the Base Note and the Fixed Deferred Payments hereunder more than four times in aggregate during the Fixed Payment Term.

  • The “Unit Equity Percentage” as of any day is the fraction, expressed as a percentage, (i) the numerator of which is the product of the Applicable Percentage, the sum of (x) the number of Note Hedging Units and (y) the number of Note Hedging Units under the Base Note Hedge Confirmation and the Note Hedging Unit Entitlement, and (ii) the denominator of which is the number of Shares outstanding on such day.


More Definitions of Base Note

Base Note means the convertible note issued to the Purchaser pursuant to Section 2.1 below, the form of which is attached hereto as Exhibit A. “Business Day” means any day that is not a Saturday, a Sunday or other day on which banking institutions in the State of New York, Hong Kong
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Related to Base Note

  • PLEASE NOTE The Revisor's Office cannot perform research for or provide legal advice or interpretation of Maine law to the public. If you need legal assistance, please contact a qualified attorney.

  • o Note The account name to which EFT payments will be paid is to the name submitted on Part II of this form. • Routing Number: Enter the bank or financial institutional nine-digit routing number, including applicable leading zeros.

  • Tranche A Note means a promissory note substantially in the form of Exhibit A-1 made by the Borrower in favor of a Lender evidencing Tranche A Loans made by such Lender, to the extent requested by such Lender pursuant to Section 2.08(e).

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

  • Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.