Examples of Escrow Note in a sentence

Although the terms of the Escrow Note and the Tax Receivable Note contemplated a one-year maturity date, the amended Senior Credit Facility imposed a separate, independent requirement that both Notes be paid back in three months.
Higher vorticity magnitudes along the top, with comparable ΩZ at the sides suggests stronger flow entrainment towards the centre of the wake from above.
But, in repaying the Escrow Note, ION had to comply with the terms of its other credit agreements.
I note that this applies with lesser force to the Tax Receivable Note, because any right of set off due to a lesser than expected income tax receivable would be applied against the Escrow Note rather than the Tax Receivable Note, and so the principal due under the Tax Receivable Note was a fixed amount.
The Tax Escrow Notes shall be secured by a first-priority security interest in the Tax Escrow Note Account.

More Definitions of Escrow Note

Escrow Note has the meaning specified in Section 2.4.

Escrow Note means a promissory note issued on the Effective Date, payable by the Fund Liquidating LLC to the holder of an Allowed Claim in SLC-3 or CFC-3 in the amount set forth in Sections 5.2(c) or 5.3(c) hereof. Each Escrow Note shall mature on the fifth (5th) anniversary of the Effective Date; shall accrue interest at the rate of 3.50% per annum, compounded annually, payment of which shall be deferred until maturity; shall be paid in full prior to any further distributions by the Fund Liquidating LLC to the holders of Allowed Claims in SLC-4, CFC-4 or, subject to the provisions of Section 7.3 hereof, IBF Hotel-4 (after the Initial Non-Escrow Distribution and the distribution of Fund Membership Interests, and other than distributions by the Fund Liquidating LLC from the Expense Reserve, Disputed Claims Reserve or the Unclaimed Distributions Reserve, or distributions to the Fund Liquidating LLC's members in an amount not to exceed the estimated tax liability of such members arising as a result of allocations of income or gain of the Fund Liquidating LLC); shall be subject to prepayment, in whole or in part, at any time, in any amount, without prepayment penalty, to be applied in such a manner as may be specified by the Fund Liquidating Agent; and in each instance may, for administrative purposes, be accounted for on the Fund Liquidating LLC's books and records in lieu of delivery of an actual physical promissory note to the payee thereof.

Escrow Note shall have the meaning set forth in Section 2.2(a).

Escrow Note means that certain convertible note in the original principal amount of One Million Three Hundred Fifty-seven Thousand Dollars ($1,357,000) issued by the Company to Holder simultaneous herewith pursuant to the Purchase Agreement.

Escrow Note has the meaning ascribed to such term in Section 2.3(c).

Escrow Note means that certain 12.5% Senior Secured Promissory Note in the principal amount of $7,000,000 due, subject to the terms therein, three (3) years from its date of issuance, in the form attached hereto as Exhibit A.