Financing Notes definition
Examples of Financing Notes in a sentence
This Bridge Note is one of a series of Series 1 Bridge Financing Notes that have been authorized by the Company (the "Series 1 Bridge Notes") and are alike except for principal amount and issue date, and are in registered form.
As provided in Section 2.15, each Lease Financing Note may at any time and at the discretion of the Lender be consolidated with other Lease Financing Notes into a Credit Enhancement Note.
The Lender, in its sole discretion, may at any time, amend, restate and consolidate this Lease Financing Note with other Lease Financing Notes relating to Lease Financing Loans in the same Loan Pool into a Credit Enhancement Note.
The Company has previously authorized the issuance, sale, and delivery of up to $1,500,000 in original principal amount of the Company's Series 1 Secured Convertible Bridge Financing Notes (the "Bridge Notes") in the Series 1 Bridge Note Purchase And Security Agreement (the "Purchase Agreement") dated March 16, 1999, by and among the Company and the Purchasers.
With respect to the amendment, restatement and consolidation of the Lease Financing Notes into the Credit Enhancement Note and the credit enhancement features contained therein, each of the eRoom Parties acknowledges that Secured Party's underwriting guidelines and standards are applied on a case by case basis and that waivers may be granted in any particular case (including in the case of a borrower to be included in a pool with Borrower).
Other than the Survivor’s Trust’s right to receive the Survivor’s Trust Bridge Conversion Shares, the Survivor’s Trust hereby waives any and all demands, claims, suits, actions, causes of action, proceedings, assessments and rights in respect of the Bridge Financing Notes held by the Survivor’s Trust, including, without limitation, any rights arising from any default or event of default under the Bridge Financing Notes held by the Survivor’s Trust.
The parties hereto agree that upon such conversion of the Marital Trust Bridge Outstanding Balance, all amounts owed under the Bridge Financing Notes held by the Marital Trust shall be deemed paid in full, the Bridge Financing Notes held by the Marital Trust shall be terminated and cancelled in full, and no party shall have any further obligations or commitments with respect thereto except as expressly provided for under this Agreement.
Promptly following the date hereof (i) the Marital Trust agrees to return to the Company for cancellation the original Bridge Financing Notes held by the Marital Trust and (ii) the Company shall issue to the Marital Trust the Marital Trust Bridge Conversion Shares.
The parties hereto agree that upon such conversion of the Survivor’s Trust Bridge Outstanding Balance, all amounts owed under the Bridge Financing Notes held by the Survivor’s Trust shall be deemed paid in full, the Bridge Financing Notes held by the Survivor’s Trust shall be terminated and cancelled in full, and no party shall have any further obligations or commitments with respect thereto except as expressly provided for under this Agreement.
Other than the Marital Trust’s right to receive the Marital Trust Bridge Conversion Shares, the Marital Trust hereby waives any and all demands, claims, suits, actions, causes of action, proceedings, assessments and rights in respect of the Bridge Financing Notes held by the Marital Trust, including, without limitation, any rights arising from any default or event of default under the Bridge Financing Notes held by the Marital Trust.