Closing Note definition

Closing Note means the promissory note of the Purchaser for a principal amount of $12,500,000, dated as of the date hereof, attached as Exhibit A.
Closing Note has the meaning set forth in Section 2.1.
Closing Note has the meaning set forth in Section 2.3(b)(iii).

Examples of Closing Note in a sentence

  • The Second Closing Note shall be identical to the Note issuable on the Initial Closing Date except that the maturity date of such Notes shall be two (2) years after the Second Closing Date.

  • The SPA also gave the Company the right, but not the obligation, to request one of the 2020 Convertible Noteholders to purchase an additional $5.0 million in principal amount of a note (the “Second Closing Note”, and, together with the First Closing Note, the “2020 Secured Notes”).

  • In May 2021, one of the 2020 Convertible Noteholders (the “Converting Noteholder”) converted the entire $7.5 million principal amount of such Converting Noteholder’s First Closing Note, and related accrued interest, amounting to approximately $0.04 million, into 1,256,143 shares of the Company’s common stock.

  • The net proceeds of the Offering were used by TransAlta Renewables to repay the $187 million Closing Note issued to the Corporation.

  • Closing Note: When drafting the Joint Statement, please refer to an example of Joint Statement in Annex 1.


More Definitions of Closing Note

Closing Note has the meaning set forth in Section 2.3(b)(iii). “COBRA” has the meaning set forth in Section 3.13(c).
Closing Note means the promissory note of CinPax, LLC for a principal amount of $4,000,000, dated as of July 22, 2022.
Closing Note means the promissory note due on the Termination Date, or Term-Out Maturity Date if applicable, in the original principal amount of $2,000,000, substantially in the form of Exhibit A-1 attached hereto and made a part hereof, as the same may be amended, restated, modified or supplemented from time to time.
Closing Note has the meaning specified in Section 2.03(c)(ii). ------------
Closing Note and “Closing Notes” have the meanings set forth in Section 1.3(a)(ii).
Closing Note means the secured promissory note that may be made and delivered by Seller and AM TRU in favor of Buyer pursuant to Section 7.26 hereof.