Intercompany Subordinated Note definition

Intercompany Subordinated Note means the Intercompany Note, dated as of October 3, 2016, executed by Holdings, the Borrower and each Restricted Subsidiary of the Borrower.

Intercompany Subordinated Note means the Intercompany Note, dated as of the Closing Date, executed by Holdings, the Borrower and each Restricted Subsidiary, as supplemented from time to time.

Intercompany Subordinated Note means that certain Promissory Note dated as of the date hereof and issued by Borrowers in favor of Parent in an original principal amount equal to $13,956,001.82.

Examples of Intercompany Subordinated Note in a sentence

• On December 31, 2021, the Company entered into an Intercompany Subordinated Note Agreement as borrower with the lender and affiliate Aspen American Insurance Company ("AAIC"), a Texas domiciled insurance company for an amount of $75,000,000.

• As of the Agreement Date, Florida documentary stamp tax of not more than $2,400 is payable by the Borrower as a result of the execution and delivery of the Credit Agreement and the Master Intercompany Subordinated Note, which tax is payable on or before April 20, 2018.

• Other Agreement: the Master Intercompany Subordinated Note and each LC Document, fee letter, Lien Waiver, Borrowing Base Report, Compliance Certificate, Borrower Materials, or other note, document, instrument or agreement (other than this Agreement or a Security Document) now or hereafter delivered by an Obligor or other Person to Agent or a Lender inconnection with any transactions relating hereto.

• Master Intercompany Subordinated Note: that certain Master Intercompany Subordinated Note, dated as of the Closing Date, made by the Obligors and certain of their Subsidiaries, as amended, restated, supplemented or otherwise modified from time to time in accordance with this Agreement.

More Definitions of Intercompany Subordinated Note

Intercompany Subordinated Note an Intercompany Subordinated Note substantially in the form of Exhibit N.

Intercompany Subordinated Note a promissory note of the Borrower or a Wholly Owned Subsidiary Guarantor, substantially in the form of Exhibit G.

Intercompany Subordinated Note a promissory note, substantially in the form of Exhibit A or otherwise in form and substance reasonably acceptable to the Administrative Agent.

Intercompany Subordinated Note means the Amended and Restated Global Intercompany Subordinated Note dated as of the Original Closing Date, issued by the Loan Parties and each of their direct Subsidiaries, evidencing the intercompany Indebtedness among them from time to time and at any time outstanding, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Intercompany Subordinated Note means that certain Subordinated Promissory Note dated as of the Closing Date by the Borrower in favor of Parent.

Intercompany Subordinated Note means a promissory note substantially in the form of Exhibit P.

Intercompany Subordinated Note means an Intercompany Subordinated Note, substantially in the form of Exhibit L and which incorporates the terms set forth on Annex A thereto, made by one Credit Party in favor of another Credit Party, as amended, supplemented or otherwise modified from time to time.