Closing Date Note definition

Closing Date Note means that certain unsecured subordinated promissory note, dated as of the date hereof, issued by Holdings to THRC Holdings, LP and/or its Affiliates in the aggregate principal amount of $23,441,859.92.
View Source
Closing Date Note means that certain unsecured subordinated promissory note, dated as of the Agreement Date, issued by Holdings to THRC Holdings LP and/or its Affiliates (other than any Obligor) in the aggregate principal amount of $23,441,859.92.
View Source
Closing Date Note means the note (surplus note, convertible note or other type of note) or other payment obligation, to be dated the Closing Date, in a form mutually acceptable to Seller and Purchaser, to be issued by the Company to Seller in a principal amount equal to the difference between (i) the Closing Date Share Redemption Amount and (ii) the Share Redemption Cash Consideration, if any.
View Source

Examples of Closing Date Note in a sentence

  • As of the Closing Date, Note A-1 and the B-Note shall be held by the Trust, and Note A-2 and Note A-3 were held by the Sponsor.

  • The Closing Date Note shall remain outstanding at Closing and shall be paid by the Company to FEMSA in accordance with its terms.

  • On the Closing Date, effective immediately following the Effective Time but after the consummation of the Reinsurance Transactions, Purchaser shall cause the Company to repay and redeem the issued and outstanding Closing Date Note by wire transfer of immediately available funds to the account designated by Seller pursuant to Section 2.4(a)(i) of an amount equal to the outstanding principal amount of the Closing Date Note, and Seller shall surrender the Closing Date Note to the Company for cancellation.

  • As of the Closing Date, Note 1 will have an interest only period of six (6) months.

  • The Department shall have approved (i) the Closing Date Share Redemption, including the issuance of the Closing Date Note, in an amount not less than the ceding commissions payable under the Closing Date Reinsurance Agreements, and (ii) the repayment in full of the Closing Date Note immediately following the Effective Time.

  • Other than the Existing Surplus Note and, as of the Closing Date, the Closing Date Note, the Company has not issued any debt securities or other securities that are convertible into, or exchangeable or redeemable for, or that give any Person a right to subscribe for or acquire, capital stock of the Company, and no such securities or obligations evidencing such rights are outstanding.

  • The Purchase Price Downward Adjustment shall be reflected by a substitution of the Adjusted Note (in an amount equal to $750,000 less the Purchase Price Downward Adjustment) for the Closing Date Note pursuant to Section 2.02(e) hereof.

  • Each of the Closing Date Note Documents has been duly executed and delivered by the Company and each Guarantor party thereto.

  • As of the Closing Date, Note A-2 was held by GSMC and Note A-4 was held by GACC.

  • As of the Closing Date, the sale and issuance by the Company, and the purchase by the Lender, of the Closing Date Note shall be legally permitted by all laws and regulations to which the Lender or the Company is subject.


More Definitions of Closing Date Note

Closing Date Note means that certain note issued on the Closing Date by the Company to FEMSA or a designated Affiliate of FEMSA, denominated in U.S. Dollars, in the amount equal to the Heineken Closing Payment, if any, and substantially in the form attached hereto as Exhibit B.
View Source
Closing Date Note means the promissory note or other instrument evidencing the obligation of Artemis to repay the Closing Date Loan to New Gold, to be delivered in a form acceptable to New Gold, acting reasonably;
View Source
Closing Date Note has the meaning set out in Section 2.2(a)(ii);
View Source

Related to Closing Date Note