Component Note definition

Component Note means a Note, in global form and attached to a Global Unit, that (a) shall evidence the number of Notes specified therein that are components of the Units evidenced by such Global Unit, (b) shall be registered on the security register for the Notes in the name of the Purchase Contract Agent, as attorney-in-fact of holder(s) of the Units of which such Notes form a part, and (c) shall be held by the Purchase Contract Agent as attorney-in-fact of such holder(s), together with such Global Unit, as custodian of such Global Unit for the Depositary.
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Component Note means a Note in global form and attached to a Global Unit that (a) shall evidence the number of Notes specified therein that are components of the Units evidenced by such Global Unit, (b) shall be registered on the Security Register for the Notes in the name of the Purchase Contract Agent, as attorney-in-fact of holder(s) of the Units of which such Notes form a part, and (c) shall be held by the Purchase Contract Agent as attorney-in-fact for such holder(s), together with the Global Unit, as custodian of such Global Unit for the Depositary.
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Component Note means a First Tranche Note or a Second Tranche Note, as applicable. For purposes of the Indenture, (i) a Component Note will be deemed to form part of a Common Equity Unit if such Component Note forms part of a Note that forms part of such Common Equity Unit; and (ii) a Component Note will be deemed not to form part of a Common Equity Unit if such Component Note does not form part of a Note that forms part of any Common Equity Unit.
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Examples of Component Note in a sentence

  • Notwithstanding anything to the contrary in the Indenture, if a Redemption Date is after the Regular Record Date for a payment of interest on such Component Note and on or before the next Interest Payment Date of such Component Note, then such payment of interest shall, notwithstanding such redemption, be made, on such Interest Payment Date, to the Holder of such Component Note as of the close of business on such Regular Record Date.

  • In addition, Separate Notes can be recombined with Separate Purchase Contracts to recreate Units, as provided for in Section 2.04 of the Purchase Contract Agreement and following such recreation, the Trustee, as applicable, shall register (i) an increase in the Global Unit and the amount of Notes represented by the Component Note attached to the Global Unit as Attachment 4 thereto as set forth in Schedule A to such attachment, and (ii) a corresponding decrease in the amounts of the Global Note.

  • The Term Loan Component Note will mature on the Final Maturity Date, bear interest as provided in Section 2.3 and be otherwise entitled to the benefits of this Agreement.

  • The Interest Rate on the Revolving Loan Component Note shall be a variable rate, adjusted as of each LIBOR Determination Date, equal to the sum of LIBOR, determined as of each LIBOR Determination Date, plus three percent (3%) per annum, provided, however, that at no time shall the Interest Rate on the Revolving Loan Component Note be less than six percent (6%) per annum.

  • At the election of any Lender, Borrower shall execute and deliver to such Lender, a Revolving Loan Component Note in a stated principal amount equal to such Lender's Pro Rata Percentage of the Loan, which such Note or Notes shall be on the same terms and conditions as provided above and which Note or Notes shall be included within the definition of "Revolving Loan Component Note" as such term is used herein.

  • If any Component Note is, in connection with a redemption, separated from the Note of which it forms a part, then, upon the surrender of such Note to the Paying Agent for redemption, the Company shall execute, the Trustee or Authenticating Agent shall authenticate and the Trustee shall make available for delivery to the Holder of such Note, certificates representing the Component Notes of such Note that are not being redeemed pursuant to such redemption.

  • The Legacy Comet Component Note shall give the Holder(s) thereof an entitlement to receive a number of shares of Moon Common Stock equal to the product of the Principal Amount multiplied by the percentage of outstanding shares of Comet Newco owned at such time by all Persons who are not Affiliate Shareholders (the “Public Shareholders”).

  • Borrower's obligation to repay the principal of and interest on the Loan or Loans comprising the Term Loan Component shall be evidenced by a Term Loan Component Note to Agent, as agent for each Lender, which Note shall be dated as of the date hereof and be in the stated principal amount of the Term Loan Component, increased by the Facility Fee.

  • The terms of each Component Note shall be identical to the terms of the Notes, except for the Stated Maturity of their principal amount and that the interest rate for each tranche of Component Notes shall be reset independently in connection with a Successful Remarketing, and except as provided in Section 2.10 of the Supplemental Indenture.

  • Borrower acknowledges, agrees and confirms that each Lender has earned its respective Pro Rata Percentage of the Facility Fee notwithstanding whether the Loan or any portion is funded and further agrees that the Facility Fee shall be paid at closing from the proceeds of the Term Loan Component and is included in the current outstanding principal balance of the Term Loan Component and shall be repaid by Borrower to Lenders as part of the Term Loan Component Note.


More Definitions of Component Note

Component Note means a Note, in global form and attached to a Global tMEDS, that (a) shall evidence the number of Notes specified therein that are components of the tMEDS evidenced by such Global tMEDS, (b) shall be registered on the security register for the Notes in the name of the Purchase Contract Agent, as attorney-in-fact for holder(s) of the tMEDS of which such Notes form a part, and (c) shall be held by the Purchase Contract Agent as attorney-in-fact for such holder(s), together with such Global tMEDS, as custodian of such Global tMEDS for the Depositary.
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Component Note. Any Class [ ] Note.
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Related to Component Note

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • Component Interest Rate Not applicable.

  • Component Notional Amount Not applicable.

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class D Certificate Any one of the Certificates with a “Class D” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.