{"component": "definition", "props": {"groups": [{"snippet": "means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.", "snippet_links": [{"key": "stated-principal-amount", "type": "definition", "offset": [57, 80]}, {"key": "due-and-payable", "type": "definition", "offset": [95, 110]}, {"key": "declaration-of-acceleration", "type": "definition", "offset": [116, 143]}, {"key": "pursuant-to-section", "type": "definition", "offset": [168, 187]}], "size": 128, "samples": [{"hash": "cbY3e6TaxgD", "uri": "/contracts/cbY3e6TaxgD#discount-note", "label": "Indenture (Vse Corp)", "score": 35.5845298767, "published": true}, {"hash": "4uC0aJc7F21", "uri": "/contracts/4uC0aJc7F21#discount-note", "label": "Indenture (Genco Shipping & Trading LTD)", "score": 35.5270347595, "published": true}, {"hash": "hfKxqak4L6E", "uri": "/contracts/hfKxqak4L6E#discount-note", "label": "Indenture (Nerdwallet, Inc.)", "score": 35.1355247498, "published": true}], "hash": "8f19576103ec23774b81310bb634fa5f", "id": 1}, {"snippet": "means a non-interest bearing promissory note denominated in Canadian Dollars issued by the Borrower to a Non-BA Lender to evidence a BA Equivalent Loan.", "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "interest-bearing", "type": "definition", "offset": [12, 28]}, {"key": "promissory-note", "type": "definition", "offset": [29, 44]}, {"key": "canadian-dollars", "type": "clause", "offset": [60, 76]}, {"key": "by-the-borrower", "type": "clause", "offset": [84, 99]}, {"key": "ba-lender", "type": "definition", "offset": [109, 118]}, {"key": "ba-equivalent-loan", "type": "definition", "offset": [133, 151]}], "size": 64, "samples": [{"hash": "lggBx06Tsqp", "uri": "/contracts/lggBx06Tsqp#discount-note", "label": "Credit Agreement (Bowater Inc)", "score": 21.0, "published": true}, {"hash": "kVpoPwV6Ceq", "uri": "/contracts/kVpoPwV6Ceq#discount-note", "label": "Credit Agreement (Bowater Inc)", "score": 21.0, "published": true}, {"hash": "jUNiCqYC84f", "uri": "/contracts/jUNiCqYC84f#discount-note", "label": "Credit Agreement (AbitibiBowater Inc.)", "score": 21.0, "published": true}], "hash": "24b00eb05f84d1e7d45b226decea2b7f", "id": 2}, {"snippet": "is any Note that has an Issue Price that is less than 100% of the Principal Amount thereof by more than a percentage equal to the product of 0.25% and the number of full years to the Stated Maturity Date. Unless otherwise specified above, the interest payable on each Interest Payment Date or the Maturity Date will be the amount of interest accrued from and including the Original Issue Date or from and including the last Interest Payment Date to which interest has been paid or duly provided for, as the case may be, to, but excluding, such Interest Payment Date or the Maturity Date, as the case may be. Unless otherwise specified above, the interest payable on any Interest Payment Date will be paid to the Person that was the Holder on the Regular Record Date for such Interest Payment Date, which Regular Record Date shall be the fifteenth (15th) calendar day, whether or not a Business Day, immediately preceding the related Interest Payment Date; provided that, notwithstanding any provision of the Indenture to the contrary, interest payable on any Maturity Date shall be payable to the Person to whom principal shall be payable; and provided, further, that unless otherwise specified above, in the case of a Note initially issued between a Regular Record Date and the Interest Payment Date relating to such Regular Record Date, interest for the period beginning on the Original Issue Date and ending on such Interest Payment Date shall be paid on the Interest Payment Date following the next succeeding Regular Record Date to the Holder on such next succeeding Regular Record Date. Payments of principal and premium, if any, and interest and other amounts due and owing, if any, will be made through the Indenture Trustee to the account of DTC or its nominee and will be made in accordance with depositary arrangements with DTC. Unless otherwise specified on the face hereof, the Holder hereof will not be obligated to pay any administrative costs imposed by banks in making payments in immediately available funds by the Trust. Any tax assessment or governmental charge imposed upon payments hereunder, including, without limitation, any withholding tax, will be borne by the Holder hereof. REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS NOTE SET FORTH ON THE REVERSE HEREOF. SUCH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. Unless the certificate of authentication hereon shall have been executed by the Indenture Trustee pursuant to the Indenture, this Note shall not be entitled to any benefit under such Indenture or be valid or obligatory for any purpose.", "snippet_links": [{"key": "issue-price", "type": "clause", "offset": [24, 35]}, {"key": "the-principal-amount", "type": "definition", "offset": [62, 82]}, {"key": "a-percentage", "type": "definition", "offset": [104, 116]}, {"key": "equal-to", "type": "definition", "offset": [117, 125]}, {"key": "the-product", "type": "definition", "offset": [126, 137]}, {"key": "number-of-full-years", "type": "clause", "offset": [155, 175]}, {"key": "stated-maturity-date", "type": "clause", "offset": [183, 203]}, {"key": "unless-otherwise-specified", "type": "clause", "offset": [205, 231]}, {"key": "interest-payable", "type": "clause", "offset": [243, 259]}, {"key": "interest-payment-date", "type": "definition", "offset": [268, 289]}, {"key": "interest-accrued", 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promissory note denominated in Canadian Dollars issued by the Borrower to a Revolving Facility Lender, an Unsecured Facility Lender or a sub-participant which is a Non-BA Lender (as defined in subsection 6.1.2(b)), such note to be in the form normally used by such Lender or sub-participant.", "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "interest-bearing", "type": "definition", "offset": [12, 28]}, {"key": "promissory-note", "type": "definition", "offset": [29, 44]}, {"key": "canadian-dollars", "type": "clause", "offset": [60, 76]}, {"key": "by-the-borrower", "type": "clause", "offset": [84, 99]}, {"key": "revolving-facility-lender", "type": "definition", "offset": [105, 130]}, {"key": "unsecured-facility", "type": "definition", "offset": [135, 153]}, {"key": "a-sub", "type": "clause", "offset": [164, 169]}, {"key": "ba-lender", "type": "definition", "offset": [197, 206]}, {"key": "note-to", "type": "definition", "offset": [249, 256]}], "size": 19, "samples": [{"hash": "cSgcFMkVzFu", "uri": "/contracts/cSgcFMkVzFu#discount-note", "label": "Credit Agreement (Videotron Ltee)", "score": 26.2094459534, "published": true}, {"hash": "FoO4u9Cuib", "uri": "/contracts/FoO4u9Cuib#discount-note", "label": "Credit Agreement (Quebecor Media Inc)", "score": 26.2094459534, "published": true}, {"hash": "513briuIBDJ", "uri": "https://www.sec.gov/Archives/edgar/data/890746/000110465923037081/vi-20221231xex4d8.htm", "label": "Amended and Restated Credit Agreement (Videotron Ltee)", "score": 22.2320327759, "published": false}], "hash": "106cba337daf9cbfe7388efacf0c21e3", "id": 5}, {"snippet": "means any Note that has been issued at an Issue Price less than 100%.", "snippet_links": [{"key": "issue-price", "type": "clause", "offset": [42, 53]}], "size": 18, "samples": [{"hash": "9K3e1gQgi73", "uri": "https://www.sec.gov/Archives/edgar/data/806085/000119312507117117/dex109.htm", "label": "Form of Note (Lehman Brothers Holdings Inc)", "score": 9.0, "published": false}, {"hash": "2jlArfXkUY0", "uri": "https://www.sec.gov/Archives/edgar/data/806085/000095013606001519/file002.htm", "label": "Term Note (Lehman Brothers Holdings Inc)", "score": 7.0, "published": false}, {"hash": "cceQwji8GCa", "uri": "https://www.sec.gov/Archives/edgar/data/806085/000119312508174423/dex401.htm", "label": "Lehman Brothers Holdings Inc", "score": 5.0, "published": false}], "hash": "8c9be05b228309b75661dad58e769e4f", "id": 6}, {"snippet": "means any Note that provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.02.", "snippet_links": [{"key": "the-principal-amount", "type": "definition", "offset": [53, 73]}, {"key": "due-and-payable", "type": "definition", "offset": [88, 103]}, {"key": "declaration-of-acceleration", "type": "definition", "offset": [111, 138]}, {"key": "pursuant-to-section", "type": "definition", "offset": [163, 182]}], "size": 16, "samples": [{"hash": "kMkZwH7mgmy", "uri": "/contracts/kMkZwH7mgmy#discount-note", "label": "Senior Indenture (Aptiv Corp)", "score": 35.9650917053, "published": true}, {"hash": "eCCMl5RIXLU", "uri": "/contracts/eCCMl5RIXLU#discount-note", "label": "Subordinated Indenture (Aptiv Corp)", "score": 35.9650917053, "published": true}, {"hash": "dWOdkmHX1S", "uri": "/contracts/dWOdkmHX1S#discount-note", "label": "Subordinated Indenture (Aptiv Corp)", "score": 35.9650917053, "published": true}], "hash": "36d2896a090c3f6cf6ecfc5ef00768b1", "id": 7}, {"snippet": "means a non-interest bearing promissory note denominated in Canadian Dollars, substantially in the form of Exhibit K-5, issued by the Canadian Borrower to evidence a BA Equivalent Loan.", "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "interest-bearing", "type": "definition", "offset": [12, 28]}, {"key": "promissory-note", "type": "definition", "offset": [29, 44]}, {"key": "canadian-dollars", "type": "clause", "offset": [60, 76]}, {"key": "form-of", "type": "definition", "offset": [99, 106]}, {"key": "issued-by", "type": "definition", "offset": [120, 129]}, {"key": "canadian-borrower", "type": "definition", "offset": [134, 151]}, {"key": "ba-equivalent-loan", "type": "definition", "offset": [166, 184]}], "size": 16, "samples": [{"hash": "bt3bRwuufRB", "uri": "/contracts/bt3bRwuufRB#discount-note", "label": "Credit Agreement (Linens N Things Inc)", "score": 21.0, "published": true}, {"hash": "7mHEDd8GALo", "uri": "/contracts/7mHEDd8GALo#discount-note", "label": "Credit Agreement (Linens N Things Inc)", "score": 21.0, "published": true}, {"hash": "5B2LafliIfJ", "uri": "/contracts/5B2LafliIfJ#discount-note", "label": "Senior Secured, Super Priority Debtor in Possession and Exit Option Credit Agreement (Linens N Things Inc)", "score": 21.0, "published": true}], "hash": "a272c4ae9e2e50318ad31080a0bae241", "id": 8}, {"snippet": "means a non-interest bearing promissory note of the Borrower, denominated in Cdn. Dollars, issued by the Borrower to a Non-Acceptance Lender as part of a BA Equivalent Advance substantially in the form attached as Schedule E or such other form as may be agreed to by the Agent, the Borrower and such Non-Acceptance Lender.", "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "interest-bearing", "type": "definition", "offset": [12, 28]}, {"key": "promissory-note", "type": "definition", "offset": [29, 44]}, {"key": "of-the-borrower", "type": "clause", "offset": [45, 60]}, {"key": "by-the-borrower", "type": "clause", "offset": [98, 113]}, {"key": "acceptance-lender", "type": "definition", "offset": [123, 140]}, {"key": "ba-equivalent-advance", "type": "definition", "offset": [154, 175]}, {"key": "schedule-e", "type": "clause", "offset": [214, 224]}, {"key": "by-the-agent", "type": "clause", "offset": [264, 276]}], "size": 15, "samples": [{"hash": "cddvs2Uhaio", "uri": "/contracts/cddvs2Uhaio#discount-note", "label": "Credit Agreement (SemGroup Corp)", "score": 30.4620132446, "published": true}, {"hash": "6V7pUZWc0GF", "uri": "/contracts/6V7pUZWc0GF#discount-note", "label": "Credit Agreement (SemGroup Corp)", "score": 30.1608486176, "published": true}, {"hash": "RAxfYqifzo", "uri": "/contracts/RAxfYqifzo#discount-note", "label": "Credit Agreement (Kinder Morgan Canada LTD)", "score": 29.8131408691, "published": true}], "hash": "17892a0447f3f18282e6bbdfade8e911", "id": 9}, {"snippet": "has the meaning specified in the Indenture.", "snippet_links": [{"key": "the-indenture", "type": "clause", "offset": [29, 42]}], "size": 14, "samples": [{"hash": "d6uYPu60MSp", "uri": "/contracts/d6uYPu60MSp#discount-note", "label": "Third Amended and Restated Transfer Agreement", "score": 32.0398025513, "published": true}, {"hash": "8ztaUAshCbG", "uri": "/contracts/8ztaUAshCbG#discount-note", "label": "Transfer Agreement (American Express Receivables Financing Corp VIII LLC)", "score": 29.2546195984, "published": true}, {"hash": "g3GM1RrdcO1", "uri": "/contracts/g3GM1RrdcO1#discount-note", "label": "Transfer Agreement (American Express Receivables Financing Corp VIII LLC)", "score": 27.5817928314, "published": true}], "hash": "ce611c3c97810634fd445dd2b3f894e7", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIWZGlzY291bnQtbm90ZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.", "size": 594, "title": "Discount Note", "id": "discount-note", "examples": ["Unless otherwise specified on the face hereof, for purposes of determining the amount of Discount that has accrued as of any date on which a redemption, repayment or acceleration of maturity occurs for a <strong>Discount Note</strong>, a Discount will be accrued using a constant yield method.", "The constant yield will be calculated using a 30-day month, 360-day year convention, a compounding period that, except for the Initial Period (as defined below), corresponds to the shortest period between Interest Payment Dates for the applicable <strong>Discount Note</strong> (with ratable accruals within a compounding period), a coupon rate equal to the initial coupon rate applicable to the applicable <strong>Discount Note</strong> and an assumption that the maturity of such <strong>Discount Note</strong> will not be accelerated.", "In the event that this Note is a <strong>Discount Note</strong>, the amount of principal of this Note that becomes due and payable upon such acceleration shall be equal to the amount calculated as set forth in Section 3(c) hereof.", "The difference between the Issue Price of a <strong>Discount Note</strong> and par is referred to as the \u201cDiscount\u201d.", "If the period from the date of issue to the first Interest Payment Date for a <strong>Discount Note</strong> (the \u201cInitial Period\u201d) is shorter than the compounding period for such <strong>Discount Note</strong>, a proportionate amount of the yield for an entire compounding period will be accrued.", "In the event a <strong>Discount Note</strong> is redeemed, repaid or accelerated, the amount payable to the Holder of such <strong>Discount Note</strong> will be equal to the sum of: (A) the Issue Price (increased by any accruals of Discount); and (B) any unpaid interest accrued on such <strong>Discount Note</strong> to the Maturity Date (\u201cAmortized Face Amount\u201d).", "Whether the Note is an Original Issue <strong>Discount Note</strong> (an \u201cOID Note\u201d), and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and, if so, the Issue Price).", "The principal amount of a <strong>Discount Note</strong> shall become due and payable on its Maturity Date.", "A Federal Reserve Bank shall act only upon the instructions of the Holder in recording transfers of a <strong>Discount Note</strong> maintained on the Fed Book-Entry System.", "Payments of principal of a <strong>Discount Note</strong> shall be made in U.S. dollars on the applicable Maturity Date to the Holder thereof as of the end of the Business Day preceding such Maturity Date."], "related": [["discount-notes", "Discount Notes", "<strong>Discount Notes</strong>"], ["senior-discount-notes", "Senior Discount Notes", "Senior <strong>Discount Notes</strong>"], ["original-issue-discount-note", "Original Issue Discount Note", "Original Issue <strong>Discount Note</strong>"], ["discount-loan", "Discount Loan", "Discount Loan"], ["adjustment-note", "Adjustment Note", "Adjustment Note"]], "related_snippets": [], "updated": "2026-02-07T04:24:37+00:00"}, "json": true, "cursor": ""}}