Delek Note definition

Delek Note has the meaning set forth in Section 2.2(a)(iii).

Examples of Delek Note in a sentence

  • Buyer shall pay Seller five (5) consecutive annual payments of One Million Dollars ($1,000,000) each, payable on the first Business Day of each January commencing January 2016, to reimburse Seller for its costs and expenses incurred (whether or not such costs or expenses are in fact incurred) in connection with Seller’s carrying and administering the Delek Note (whether or not the Delek Note is outstanding at the time of such payment).

  • Buyer has the requisite corporate power and authority to execute, deliver and perform its obligations under the Stock Purchase Agreement, the Registration Rights Agreement and the Delek Note (collectively the “Transaction Documents”), including without limitation to issue and deliver, subject to the satisfaction of the conditions to such issuance and delivery set forth in the Stock Purchase Agreement, the Delek Shares, the Contingent Delek Shares and the Delek Note.

Related to Delek Note

  • 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.

  • 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.

  • Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.

  • Master Note means a master note registered in the name of DTC or its nominee.