Note Payment Sample Clauses

Note Payment. On the Closing Date, immediately following the LSH Closing, LSAC shall pay the Note by payment of cash in the amount of its obligations under the Note by wire transfer of(i) $39,800,000 in accordance with the Escrow Agreement in the form attached as Exhibit 1.12 hereto (the "Escrow Agreement"), and (ii) the balance to the Representative for the benefit of the LS Selling Stockholders. The proceeds of the Note (including any amounts released from escrow in accordance with the Escrow Agreement) (the "Note Proceeds") shall be allocated among the outstanding shares of Lear Xxxgxxx Xxxmon Stock in accordance with the Company's Amended and Restated Certificate of Incorporation as though there were a dissolution, liquidation or winding-up of the Company, assuming the assets available for distribution in respect of such outstanding shares of Lear Xxxgxxx Xxxmon Stock were equal to the amount of the Note Proceeds.
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Note Payment. The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on and any Make Whole Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 noon, New York City time, on the date due) to the account or accounts as specified in the Purchaser Schedule attached hereto or such other account or accounts in the United States as any Purchaser may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, such Purchaser will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 8.1 to any transferee of any Note which shall have made the same agreement as made in this paragraph 8.1.
Note Payment. The principal and interest are payable in lawful money of ------------ the United States of America. The undersigned may prepay in full the amount of any principal installment or accrued interest under the Note. The Note shall become payable in full upon the earlier of the following: (1) the term set forth in the Note, (2) default under the Note or (3) upon the first anniversary of the termination of the undersigned's employment with the Company.
Note Payment. Notes with aggregate principal amount equal to the Closing Note Amount shall be delivered to the Shareholders, with each Shareholder receiving a Note with an original principal amount as set forth below: Closing Note Amount Original Principal Amount of Notes Xxxxxx XxXxxxxx MA Corp Xxxxx $ 3,250,000 $ 1,350,000 $ 1,350,000 $ 485,000 $ 65,000
Note Payment. Payments on the Note after March 31, 2007 shall be deferred until June 1, 2007, however interest shall accrue per the terms of the note and the Note payment shall remain at $5,000 or more per month beginning on June 1, 2007.
Note Payment. Notwithstanding the provisions of Section 6.6 herein, Parent shall cause the Partnership to pay to Xxxxx X. Xxxxxx an amount in cash equal to $191,000 to prepay certain outstanding indebtedness owed to Xx. Xxxxxx, with any such payment to be made on the Payment Date. Further, interest on the Xxxxxx Note shall begin accruing on the Control Date, with the first monthly payment of principal and interest to be paid in accordance with the terms set forth in the Xxxxxx Note and in equal monthly installments thereafter until paid in full.
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Note Payment. Upon receipt of the Debenture and the cashier's check described herein in payment of the Note, WEDGE shall return the fully executed Note, marked cancelled, and cause all collateral securing the Note to be released, including, without limitation, the release of and return to the Company of all title documents to vehicles held by WEDGE as collateral.
Note Payment. CGI shall pay Callida a cash payment of one million dollars ($1,000,000) on or before November 1, 2008, and Callida shall pay, on behalf of SBH Genomics, Inc. (“SBH”) or on its own behalf, in full the promissory notes issued by SBH to Affymetrix, Inc. (“Affymetrix”), and Nuvelo, Inc. (“Nuvelo”) on December 3, 2004 (the “Notes”), which Notes were issued in connection with the Security Agreement entered into on December 3, 2004 between Callida, Affymetrix and Nuvelo (the “Security Agreement”). In addition, prior to the above date, CGI will pay to Callida an amount equal to any interest due under the Notes upon thirty (30) days of written notice from Callida that such interest is due and payable under the Notes (the “Interest Payment”), and Callida shall pay, on behalf of SBH or on its own behalf, such interest.
Note Payment. The Company shall pay to Holder $35,000 (thirty-five thousand) on or before December 30th, 2022. This payment will reduce the Note balance by $35,000 (thirty-five thousand).
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