Guggenheim Notes definition

Guggenheim Notes means those certain promissory notes issued by ClimaChem to Guggenheim pursuant to the terms of the Guggenheim Securities Purchase Agreement in an aggregate principal amount of up to $36,000,000 (plus any paid-in-kind interest added to the principal balance thereof)."
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Guggenheim Notes and "Guggenheim Securities Purchase Agreement" are each hereby deleted in their entirety.
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Examples of Guggenheim Notes in a sentence

  • The Agent and the Lenders hereby consent to the refinancing and repayment of the Guggenheim Notes by the ORIX Lenders pursuant to the ORIX Loan Agreement.

  • Fail to maintain Excess Availability of at least $1,500,000 immediately after giving effect to all payments (irrespective of whether such payments represent principal, interest or fees) in respect of the Guggenheim Notes and the ClimaChem Notes that are due and payable by ClimaChem at any time." 11.

  • Agent and the Lenders have agreed to so amend the Loan Agreement to permit the issuance of the Guggenheim Notes and the other matters described above, subject to the term and conditions of this Amendment.

  • Section 1.1 of the Loan Agreement is hereby amended as follows: The definition of the term "Cherokee" is hereby amended in its entirety to read as follows: "'Cherokee' means Cherokee Nitrogen Holdings, Inc., an Oklahoma corporation formerly known as Cherokee Nitrogen Company." The definition of the terms "Guggenheim", "Guggenheim Intercreditor Agreement", "Guggenheim Notes" and "Guggenheim Securities Purchase Agreement" are each hereby deleted in their entirety.