Contingent Interest Promissory Note definition

Contingent Interest Promissory Note shall have the meaning set forth in the Partnership Agreement.
Contingent Interest Promissory Note. The Contingent Interest Promissory Note dated the date hereof made by the Partnership in favor of the Noteholder, substantially in the form attached hereto as Annex A. Control: The possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting shares, by contract or otherwise. The terms “Controlling” and “Controlled” shall be interpreted accordingly.
Contingent Interest Promissory Note means that certain Contingent Interest Promissory Note, dated as of the date hereof, made by

Examples of Contingent Interest Promissory Note in a sentence

  • The UST Warrant Proceeds payable pursuant to this Contingent Interest Promissory Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.

  • To the extent that any provision of this Contingent Interest Promissory Note contradicts or is inconsistent with the provisions of the Partnership Agreement, the provisions of the Partnership Agreement shall control and supersede such contradictory or inconsistent provision herein.

  • This Contingent Interest Promissory Note is subject to all terms of the Partnership Agreement.

  • Reference is hereby made to the further provisions of this Contingent Interest Promissory Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • See Letter from Paul Schott Stevens, President and CEO, Investment Company Institute, to Brent J.

  • Except as otherwise set forth in this Contingent Interest Promissory Note and subject to the conditions set forth in the last proviso to Section 7.2(a) of the Partnership Agreement, mutatis mutandis, the Noteholder may Transfer all or any portion of its interest in this Contingent Interest Promissory Note.

  • All payments made by the Partnership with respect to this Contingent Interest Promissory Note shall be applied in accordance with the Partnership Agreement.

  • The UST Warrant Proceeds payable pursuant to this Contingent Interest Promissory Note are intended to satisfy Section 113(d) of EESA.

  • Maintains technical currency and studies vendor products to determine those which best meet client needs.

  • Date: , 2009 [PARTNERSHIP] By: [General Partner], its general partner By: Name: Title: [REVERSE OF CONTINGENT INTEREST PROMISSORY NOTE] This Contingent Interest Promissory Note is the duly authorized Contingent Interest Promissory Note referred to in the Partnership Agreement.

Related to Contingent Interest Promissory Note

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

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

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Secured Promissory Note is defined in Section 2.4.

  • Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Replacement Interest Rate Cap Agreement means an interest rate cap agreement from an Acceptable Counterparty with terms identical to the Interest Rate Cap Agreement except that the same shall be effective in connection with replacement of the Interest Rate Cap Agreement following a downgrade, withdrawal or qualification of the long-term unsecured debt rating of the Counterparty; provided that to the extent any such interest rate cap agreement does not meet the foregoing requirements, a “Replacement Interest Rate Cap Agreement” shall be such interest rate cap agreement approved in writing by each of the Rating Agencies and Lender with respect thereto.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Subordinate Note means each B Note.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Interest Rate Cap Agreement means, as applicable, an Interest Rate Cap Agreement (together with the confirmation and schedules relating thereto) in form and substance reasonably satisfactory to Lender between Borrower and an Acceptable Counterparty or a Replacement Interest Rate Cap Agreement.

  • Mortgage Interest Rate Cap With respect to an Adjustable Rate Mortgage Loan, the limit on each Mortgage Interest Rate adjustment as set forth in the related Mortgage Note.

  • Interest Rate Cap means a Cap.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

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

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Term Notes means, collectively, the Term A Notes and the Term B Notes.