Note Payment Sample Clauses

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Note Payment. Lender agrees, notwithstanding any provisions of Sections 3.4 and 3.5 of the Loan Agreement to the contrary, to accept $1,075,425.36 as full payment and satisfaction of all of the Notes (including any Contingent Payment) (the “Note Payment”). Lender agrees that Borrower will retain an additional $500,000 from the proceeds of the sale of certain remaining Assets to North Star Capital Acquisition LLC.
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).
Note Payment. Buyer shall pay Seller ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ $10,000 per month for 24-months as payment toward the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Promissory Note attached as Schedule C (the “Note Payment”). The terms of the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Promissory Note shall remain in full force and effect;
Note Payment. A signed promissory note in accordance with Section 2.3.
Note Payment. CGI shall pay Callida a cash payment of [*] on or before [*], and Callida shall pay, on behalf of [*] or on its own behalf, in full the promissory notes issued by [*] to [*], and [*] on [*] (the “Notes”), which Notes were issued in connection with the Security Agreement entered into on [*] between Callida, [*] (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 [*] or on its own behalf, such interest.
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 amount of one million dollars ($1,000,000) evidenced by a note in the form attached as Exhibit 2.3(b)(ii)(A) hereto (the "Note Payment"). The Note Payment will be guaranteed by ▇▇▇▇▇▇▇ ▇▇▇▇▇ pursuant to the guarantee attached as Exhibit 2.3(b)(ii)(B). The guarantee will be secured as set forth in the Deed of Trust attached hereto as Exhibit 2.3(b)(ii)(C).
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 ▇▇▇g▇▇▇ ▇▇▇mon 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 ▇▇▇g▇▇▇ ▇▇▇mon Stock were equal to the amount of the Note Proceeds.
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. The Company has or anticipates issuing a Note to Wtech Holdings, LLC, (the "Noteholder") in the face amount of $ 20.0 million (the "Wtech Note"). The New Employment Agreement will provide that if more than $10.2 million of principal payments are made by the Company on the Wtech Note then either (x) the Parent or the Company will make a cash payment to Stockholder in an amount equal to 22.5% of the amount of any principal payment in excess of $10.2 million, or (y) Parent will issue a number of additional shares of equity of Parent with a value equal to the payment described in (x) above. If any equity is issued to Stockholder pursuant to the provision described in this clause (iv) such equity will be subject to the same vesting schedule, repurchase rights and transfer restrictions described in clause (ii) above. Any forgiveness of any portion of the Note by the Noteholder will not constitute a payment of principal for this purpose.