Million Note Clause Samples
Million Note. All provisions in the Security Agreement shall otherwise remain unchanged, and the Security Agreement shall remain in full force and effect.
Million Note. Unless the same shall become due earlier as a result of acceleration of the maturity, the $34 Million Note shall mature on the earlier of (i) the Initial Closing (as such term is defined in the Purchase Agreement) of the Alterra Equity Transaction or (ii) the initial closing of a Financing Proposal that is a Superior Proposal (as such terms are defined in the Purchase Agreement) or (iii) February 2, 2001, at which time the outstanding principal balance of the $34 Million Loan and all accrued and unpaid interest and facility fees shall become due and payable.
Million Note. It is a legal requirement that all companies hold Employer’s (Compulsory) Liability Insurance of £5 million as a minimum. Note this requirement is not applicable to Sole Traders. Public Liability Insurance = Min £10m per claim Professional Indemnity Insurance = Min £ 1 million per claim Yes/No Responses to the questions in this section will be scored on the basis of the marking criteria detailed in the table below.
Million Note. The Reserved Obligation relating to the $11.6 Million Note shall become due and payable (A) when any prepayment of the $11.6 Million Note is required by paragraph 5.b. or 5.c. thereof and/or (B) on the maturity date of the $11.6 Million Note.
Million Note. Source One's $1.2 Million Note to Purchaser shall be converted to a capital contribution by Purchaser in Source One.
Million Note. The Reserved Obligation relating to the $11.6 Million Note shall be reduced by the aggregate amount of principal of the $11.6 Million Note received by Dart and shall cease to be a Reserved Obligation at such time as all principal or other amounts (other than interest) payable under the $11.6 Million Note are paid in full.
Million Note. You have agreed to extend the maturity date of your $5.6 million Amended and Restated Promissory Note issued in August 2021 to August 31, 2026.
Million Note. In the event that Dart or Cabo▇-▇▇▇▇▇▇ ▇▇▇ "prevented from enforcing" (as defined below) any rights or remedies with respect to the Collateral or, after enforcing such rights and remedies, any Obligations remain unpaid, then Dart and Cabo▇-▇▇▇▇▇▇ ▇▇▇ll be entitled to enforce any claim for the Obligations (including a deficiency claim) against RSH personally or against any or all of RSH's assets.