Edge Note definition

Edge Note means the 18 month 6% promissory note in the principal amount of $1,490,822.49 to be entered into on the Closing Date between the Parent and which represents amounts previously advanced to the Company by Edge prior to the date of this Agreement. The Edge Note shall be payable as follows: (i) $1,000,000 paid on the Closing Date, followed by (ii) interest only for the first twelve months and thereafter six equal and consecutive monthly installments of principal and interest sufficient to pay the Note in full.
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Examples of Edge Note in a sentence

  • The Pet Edge Notes were amended by that certain Amendment to Senior Convertible Promissory Notes, dated November 10, 2003 (the "Pet Edge Note Amendment").

  • Upon the application of such credit, Edge shall cancel the Edge Note and provide the Seller and the Shareholders with a release of the lien and any other obligations under the Edge Note.

  • The following minimum user system requirements are required for users accessing the Application: • Screen Resolution: Site best viewed in 1024x768 resolution or higher • Internet Browsers: o Google Chrome - last 3 versions (Recommended) o Microsoft Edge (Note: Internet Explorer – not supported) o Firefox - last 3 versions o Safari on MacOS - last 3 versions o iOS and Android browser on tablets - last 3 versions.

  • A copy of each Pet Edge Note and the Pet Edge Note Amendment is attached hereto as Schedule 4.4(b)(i).

  • In the event an offset against the Edge Note shall not be sufficient so as to satisfy all claims for indemnification by Parent Indemnified Parties under Section 8.02, the Parent shall promptly notify CBD Holding and CBD Holding shall promptly notify Parent of their election to pay any insufficiency in cash or through a cancellation of the number of Parent Payment Shares based upon the Indemnification Per Share Value as set forth above.