Equity Note definition

Equity Note means, with respect to any Equity Note Purchaser, the Equity Note issued by the Equity Investor as of the Closing Date to such Equity Note Purchaser substantially in the form attached as Exhibit 1 to the Equity Note Purchase Agreement.
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Equity Note means the Promissory Note dated of even date herewith in the original principal amount of $877,515.46 made by the Limited Partner to the order of the Credit Bank.
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Equity Note means any of the subordinated class(es) of Notes issued by the Trust in the Offering and initially owned by the Trust Depositor on the Closing Date.
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Examples of Equity Note in a sentence

  • The completion of the exchanges provided for in this Section 1(a) shall effect the cancellation of the Sonterra Equity Note (including the termination of any obligations with respect to payment of any accrued and unpaid interest thereon), the Sonterra Warrants and the Sonterra Non-Equity Note (including the termination of any obligations with respect to payment of any accrued and unpaid interest thereon), and RCGI shall stamp “CANCELLED” on each of the foregoing and return each to Sonterra.

  • It is agreed that as of August 31, 2005, the Equity Payment amount was $362,899 and as of December 13, 2005, the remaining Equity Payment amount is $250,000 and that such amount shall be payable by Deja Foods as set forth in the Promissory Note attached as Exhibit 7.2 and made a part hereof and that at Closing, Deja Foods shall execute and deliver to the Member of M&L the original of the Equity Note.

  • Collectively, the Equity Note and the Goodwill Note are referred to as the “Promissory Notes”, and collectively, the sale of Calavo’s interest is referred to as the “Sold Interest”.

  • Each of RCGI and Longview acknowledges and agrees that (i) as of February 13, 2008, the principal owing under the Sonterra Equity Note is $5,990,010, and (ii) the Interest (as defined in the Sonterra Equity Note) that is accrued and unpaid immediately prior to the date hereof (i.e., Interest accrued from and including January 3, 2008 through and including February 14, 2008) is $91,247.68.

  • Unless otherwise consented to by Lender, the Company shall exercise its discretion under Section 11.3 of the ESOP to require that the payment for company stock purchased upon the exercise of a put option be made with a Common Equity Note commencing within the 30-day period immediately following the date of exercise of the put option.

  • Each Holder of a Potential Equity Note or a Subordinated Note agrees and acknowledges that the failure to provide such form may result in withholding from payments in respect of such Notes, including U.S. federal withholding or backup withholding, and that any purported transfers made in violation of the foregoing requirements shall be void ab initio.

  • Together, the Equity Note and the Goodwill Note are referred to as the “Notes”; provided, however, that if only one Note is in default, all references to the Notes hereunder shall refer solely to the Note that is in default.

  • The completion of the exchanges provided for in this Section 1(a) shall effect the cancellation of the Sonterra Equity Note, the Sonterra Warrants and the Sonterra Non-Equity Note, if any, and RCGI shall stamp "CANCELLED" on each of the foregoing and return each to Sonterra.

  • No. CUSIP No. $ Mandatory Conversion Equity Note due 1999 TRANS WORLD AIRLINES, INC., a Delaware corporation promises to pay to __________, or registered assigns, the principal sum of __________ Dollars on April 15, 1999.

  • Unless otherwise consented to by the Requisite Lenders, the Company shall exercise its discretion under Section 11.3 of the ESOP to require that the payment for company stock purchased upon the exercise of a put option be made with a Common Equity Note commencing within the 30-day period immediately following the date of exercise of the put option.