Call Notes definition
Examples of Call Notes in a sentence
On the disbursement date of the Call Loan, the Borrower shall issue to the Lenders the Call Notes.
At Closing, the Preferred Shares and the Common Stock issuable upon conversion of the Preferred Shares and the Cap Call Notes and the exercise of the Warrant, will have been duly and validly reserved for issuance.
Upon the issuance thereof, the shares of Series A Preferred Stock issuable upon the conversion of the Cap Call Notes and Common Stock or Series A Preferred Stock issuable upon exercise of the Warrant will be duly and validly issued, fully-paid and nonassessable and free and clear of all restrictions on transfer (other than those arising from application of the securities laws and those set forth in the Investors Shareholders' Agreement) and free and clear of any liens, claims and encumbrances.
Delivery of the Notes will be made at the offices of Ropes & ▇▇▇▇ LLP, against payment therefor by wire transfer to the Company, in the amount of the purchase price, (a) on January 11, 2006 (the “Closing Date”), in the case of the Original Notes, (b) on the Ninth Amendment Effective Date, in the case of the Sponsor Notes and (c) on or after the Ninth Amendment Effective Date, in the case of the Capital Call Notes or the Bonus Notes, as applicable.
The Warrants listed on Annex 3, in aggregate, are exercisable for approximately 6.0% of the total outstanding shares of capital stock of Holdings on a fully-diluted basis, other than upon the conversion of the US Filter Notes and Capital Call Notes as defined in the Restructuring Agreement.
The Warrants listed on Annex 5 in the table titled "TCP Notes and Warrants", in aggregate, are exercisable for 15.432% of the total outstanding shares of capital stock of Holdings on a fully-diluted basis, other than upon the conversion of the US Filter Notes and Capital Call Notes as defined in the Restructuring Agreement.
The Warrants listed on Annex 5 in the table titled "TCP Mezzanine Notes and Warrants", in aggregate, are exercisable for 0.5% of the total outstanding shares of capital stock of Holdings on a fully-diluted basis (other than the TCP Retained Warrants), and other than upon the conversion of the US Filter Notes and Capital Call Notes as defined in the Restructuring Agreement.