Call Note definition

Call Note means the note payable through which SIG or IGFH may pay CNA if SIG or IGFH exercises its rights under the Call Mechanism or the Change of Control Call Mechanism.
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Call Note means a promissory note of the Company (a) which shall bear interest at the rate of interest at which United States Treasury debt obligations having a two-year maturity (or as close thereto as reasonably possible) bear interest on the date of issuance of such note; (b) the principal of, and all accrued and unpaid interest on, which shall be payable, subject to clauses (c), (d), and (e) of this Section 1.1, in equal installments, the first of which shall be due upon issuance of the note, and the second and third of which shall be due on each of the first and second anniversaries of such issuance, respectively; (c) payment of which shall not be due unless and until each of the Company and any of its subsidiaries, including without limitation ICON, shall be entitled to pay funds for the repurchase of shares of the Company under the terms of any substantial debt obligation, to which the Company and each subsidiary is, respectively, a party; (d) which shall be subordinated to all other indebtedness of the Company, and shall otherwise contain terms and conditions satisfactory to the lenders of the Company; and (e) all or any part of which the Company may, at its option, prepay.
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Call Note has the meaning ascribed to such term in Section 8(b).
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Examples of Call Note in a sentence

  • Notwithstanding anything to the contrary in this Agreement, the Company shall not be obligated to make any cash payment pursuant to this Section 8(b) or any cash payment of principal or interest due under a Call Note if the Board determines that making such payment would reasonably be likely to adversely affect the Company’s liquidity or be restricted by the Company’s financing arrangements.

  • The Call Note shall bear interest at a rate equal to the Mid-term Applicable Federal Rate plus three percent (3%) from the date of issuance of the Call Note and will be payable quarterly in arrears.

  • In the event the Company cannot make any cash payment under this Section 8(b) or the cash payments of principal and interest due under a Call Note because of such Board determination, the Company will undertake to make such payments at such time as the Board determines that making such payment would not reasonably be likely to adversely affect the Company’s liquidity or be restricted by the Company’s financing arrangements.

  • This indemnity agreement will be in addition to any liability which the Participating Dealer may otherwise have.

  • Such Call Note may be prepaid by the Company in whole at any time or in part from time to time without premium or penalty and shall otherwise be in the form acceptable to the Board; provided, however, that if at any time after such Call Note has been issued the Prepayment Conditions are satisfied, the Call Note shall then be prepaid in full at such time.

  • A description of the Call Note Reviews, the Ride Along Reviews, any Compliance Reviews, and any findings made during the Compliance Reviews shall be summarized in the Annual Reports.

  • Notwithstanding the foregoing, the Securityholder shall not have any obligation to purchase the Call Note if the Securityholder has determined that either (i) an Event of Default (as defined in the Amended Note) has occurred or (ii) as of the date of the Company Call Notice, any of the representations and warranties of the Company set forth in Article 3 are no longer accurate at the time of such Company Call Notice.

  • If the Compliance Officer, in consultation with other appropriate Jazz personnel, suspects that improper promotion may have occurred in connection with either the Call Note Review or any Ride Along Review, the Compliance Officer shall undertake a follow-up review (Compliance Review).

  • Assuming that the Company’s stockholders approve an increase in the Company’s authorized shares of common stock, par value $0.001 (the “Common Stock”), all shares of the Common Stock, which may be issued upon the conversion of the Amended Note and, if applicable, the Call Note (as defined below), in accordance with the terms of the Amended Note and, if applicable, the Call Note, will be validly issued, fully paid and non-assessable.

  • The remaining $47,891,784 is expected to be borrowed by Comcast FCI from Fleet Call pursuant to a two year note (the "Fleet Call Note") bearing interest at 7% per annum with interest payable quarterly in arrears and principal paid in full at maturity.


More Definitions of Call Note

Call Note. Section 6.3 "Call Option" Section 6.1 "Commission" Section 8.3.2 "Company" Preamble "Competitor" Section 4.2 "Covered Person" Section 8.4.1, 8.4.2 -41- Omega Holdings, Inc. Stockholders Agreement --------------------------------------------------------------------------------
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Call Note means a promissory note issued by ▇▇▇▇▇ pursuant to Section 7.8, which such Call Note shall (i) be unsecured, (ii) be for a term of three years with level payments of principal and interest during the term thereof, (iii) bear interest at a rate equal to the then prevailing prime rate plus one percent (1%) and (iv) be subject to the terms and conditions of any subordination agreement requested by the Senior Agent and the Senior Lenders.
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Related to Call Note

  • Defeased Note shall have the meaning set forth in Section 2.4.1(a)(v) hereof.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Bridge Note means a promissory note of the Borrower payable to any Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto with appropriate insertions, evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from any Bridge Loans made by such Lender.