Supplemental Notes Clause Samples
The Supplemental Notes clause establishes a section within an agreement where additional information, clarifications, or explanatory comments related to the main contract terms can be provided. These notes may elaborate on specific provisions, outline background context, or address anticipated questions, and are typically referenced to help interpret or implement the contract. By including Supplemental Notes, the parties ensure greater clarity and understanding of the agreement, reducing the risk of misinterpretation or disputes over ambiguous terms.
Supplemental Notes. Each Additional Senior Note will be issued pursuant to a supplement to this Agreement (a “Supplement”) based on the form of Schedule 3, and will be subject to the following terms and conditions:
(a) the designation of each Series of Notes shall distinguish the Notes of one Series from the Notes of all other Series;
(b) the Notes of each Series of Additional Senior Notes shall rank pari passu in right of payment with the Notes of each other Series of Notes;
(c) the issuance of the Additional Senior Notes shall constitute Permitted Refinancing Indebtedness to refinance all or any portion of Indebtedness permitted under Section 8.5 of the Common Terms Agreement;
(d) each Additional Senior Note shall be dated the date of issue, shall bear interest at such rate or rates, shall mature on such date or dates, if any, as are provided in the Supplement under which such Additional Senior Notes are issued, may be issued in such denominations, may be subject to payment of such Make-Whole Amount or premium or without premium, may contain tax indemnification provisions, and provisions for the exchange or transfer of such Additional Senior Notes and may have such additional or different conditions precedent to closing and such additional or different representations and warranties or other terms and provisions as shall be specified in such Supplement;
(e) except to the extent provided in clause (d) above or as otherwise specified in this Agreement, all of the provisions of this Agreement shall apply to the Notes, including the Additional Senior Notes; and
(f) no Additional Senior Note shall be issued to a Purchaser that is an Affiliate of the Borrower. The Purchasers of the Initial Notes or any Additional Senior Notes are under no obligation to purchase any subsequent Additional Senior Notes. Upon the issuance of any Additional Senior Notes, the Borrower shall, at its expense, provide, or cause to be provided, to each Holder the Supplement entered into in connection with such Notes.
Supplemental Notes. The Borrowers shall have duly executed and delivered to the Documentation Agent the appropriate Supplemental Notes for each Supplemental Lender having a Commitment therein.
Supplemental Notes. The aggregate principal amount of the loans outstanding from time to time under this Section 2.4 (including the Supplemental Restatement Revolving Loan) is referred to as the “Supplemental Loan”. The Administrative Agent shall keep a record of the Supplemental Loan and the interests of the respective Lenders therein as part of the Register, which shall evidence the Supplemental Loan. The Supplemental Loan shall be deemed owed to each Lender having a Commitment therein severally in accordance with such Lender’s Percentage Interest therein, and all payments thereon shall be for the account of each Lender in accordance with its Percentage Interest therein. Upon request of any Lender, the Borrower’s obligations to pay such Lender’s Percentage Interest in the Supplemental Loan shall be evidenced by a separate note of the Borrower (the “Supplemental Note”), payable to such Lender in accordance with such Lender’s Percentage Interest in the Supplemental Loan.
Supplemental Notes. The Supplemental Loans made by the Lenders ------------------ under the Supplemental Credit Commitment shall be evidenced by the Supplemental Note substantially in the form set forth in Exhibit 3.4 hereto, ----------- payable to the order of such Lender in the maximum principal amount not to exceed such Lender's Pro Rata Share of the Supplemental Credit Commitment. The unpaid principal amount of each Supplemental Loan shall bear interest and be due and payable as provided in this Agreement and the Supplemental Note. Payments to be made by Borrowers under each Supplemental Note shall be made at the time, in the amounts and upon the terms set forth herein and therein.
Supplemental Notes. 21 3.4 Recordation................................................21
Supplemental Notes. To the degree that ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ supplies consulting services at reasonable times upon request, to the satisfaction of the Biotechnology Program, the rent for both entrepreneurial offices will be deemed paid.
Supplemental Notes. 54 5.4.2. JOINDER AGREEMENT. . . . . . . . . . . . . . . . . . . . . . . 55 5.4.3. LEGAL OPINIONS . . . . . . . . . . . . . . . . . . . . . . . . 55