Delta Note definition

Delta Note means the promissory note made by TTPC in favor of Delta, dated as of the date of this Agreement, in the initial principal amount of $45,000,000.

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Delta Note means a promissory note made by Buyer in favor of Delta in the principal amount of $45,000,000 in form and substance reasonably satisfactory to Delta and Buyer, the applicable principal terms of which are described on the term sheet attached hereto as Exhibit K.

Delta Note means the note issued by the Note Issuer to Delta as part of the consideration for the contribution of the shares of DSM Agro Services B.V. to the Note Issuer pursuant to the Pre-Closing Restructuring Transactions. The principal amount of the Delta Note shall be subject to adjustment as provided herein. Each such adjustment to the principal amount of the Delta Note shall be deemed to have occurred as an adjustment to the original principal amount of the Delta Note upon issuance (and, in the event of multiple adjustments, successive cumulative adjustments shall be made) and all interest payable thereon shall be adjusted to take into account such adjustment as if it occurred as of the date of issuance.

Examples of Delta Note in a sentence

Upon the occurrence of the Delta Note Purchase Effective Date (as defined in the Intercreditor Agreement), the Secured Parties shall no longer have any interest in the Collateral granted under this Agreement.
If cash payments equal to the Delta Note Value are made by the Company prior to the issuance of Securities hereunder, the Delta Note Value shall be reduced to zero, no Securities will be issued hereunder and this Indenture shall simultaneously be discharged and terminated and of no further force and effect.
The aggregate principal amount of Securities which may be authenticated and delivered (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities pursuant to Section 3.04, 3.05, 3.06 or 10.06) under this Indenture is limited to the Delta Note Value, as such amount may be reduced pursuant to Section 3.12.
This clause (b) shall continue to operate upon the occurrence of Delta Note Purchase Effective Date (as defined in the Intercreditor Agreement).
The parties agree that any payment required to be made pursuant to this Article VIII shall be made in cash by the party or Affiliate responsible for such payment and not by adjusting the principal amount of the Delta Note.
This clause (c) shall continue to operate upon the occurrence of Delta Note Purchase Effective Date (as defined in the Intercreditor Agreement).
Notwithstanding any other provision of this Agreement, Newco shall cause the Note Issuer to adjust the principal amount of the Delta Note in accordance with the Benefit Plan Term Sheet attached as Exhibit F.
It is the intention of the parties that the Final Net Indebtedness (not taking into account lease obligations required to be capitalized in accordance with IFRS or Indebtedness outstanding under the Delta Note) will be zero ($0).
Following the Closing, Newco shall cause the Note Issuer to make such other adjustments to the principal amount of the Delta Note in accordance with this Agreement.
If the foregoing is a negative amount, then Newco shall cause the Note Issuer to decrease the principal amount of the Delta Note by such amount.

More Definitions of Delta Note

Delta Note is defined in Section 5.19.

Delta Note means the Subordinated Note issued to Delta Air Lines on the Original Issue Date by the Company in the aggregate principal amount of $[ ], including any replacement notes and Additional Notes issued pursuant to the Delta Note.