discrepancy note definition

discrepancy note means a note issued to the warehouseman or his representative by an Inspecting Officer at the site of the inspection highlighting major non- compliances in the working of the warehouse.
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discrepancy note is defined in Section 2.01(b).
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discrepancy note means a note issued to the warehouseman or his representative by
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More Definitions of discrepancy note

discrepancy note means, collectively, one or more notes in an aggregate initial principal amount equal to the amount, if any, by which $115,000,000 exceeds the sum of (i) the value of 9,000,000 shares of XM Stock (calculated based on the greater of the 10-day volume weighted average share price for the 10 consecutive trading days ended on the day before the date of consummation of the RMG Merger and the 10-day volume weighted average share price for the 10 consecutive trading days ended on September 29, 2001) and (ii) the SingTel/Baron Amount. The Discrepancy Note will mature on the third anniversary of its issuance and bear interest at the rate of 12% per annum, which interest shall be payable in kind quarterly through compounding or capitalization of interest or issuing additional notes and in cash at maturity.
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Related to discrepancy note

  • Delivery Note has the meaning set out in clause B2-1-2.

  • Discrepancies incident to shipment means any differences (e.g., count or condition) between the items documented to have been shipped and items actually received.

  • Deficiency Notice has the meaning specified in Section 6.1(a);

  • Latent Defect means a defect, inherently lying within the material or arising out of design deficiency, which do not manifest themselves and/or was not reasonably discoverable during Defect Liability period.

  • Document Defect As defined in Section 2.03(a).