Increasing Rate Note definition
Examples of Increasing Rate Note in a sentence
The Increasing Rate Note (whether in global or definitive form) and the Trustee’s certificate of authentication shall be substantially in the form of Exhibit A hereto.
Promptly upon exchange of an Increasing Rate Note for a Fixed Rate Note held by a Holder, such Holder shall return to the Issuer or the Trustee such Increasing Rate Note.
Upon the occurrence of a Change of Control, each Holder of an Increasing Rate Note will have the right to cause the Issuer to repurchase all or any part of such Holder’s Increasing Rate Notes at a repurchase price in cash equal to 100% of the principal amount of the Increasing Rate Notes to be repurchased plus accrued and unpaid interest to the date of repurchase.
From and after the Second Amendment and Restatement Effective Date all references in the Increasing Rate Note Purchase and Loan Agreement and the other Loans Documents shall be deemed to be references to the Increasing Rate Note Purchase and Loan Agreement as modified hereby.
Pursuant to Section 2.02(b) of the Indenture, the Holders of Global Notes may elect, upon the fulfillment of certain terms and conditions therein, to receive a Fixed Rate Note in exchange for Loans or an Increasing Rate Note.
If an Increasing Rate Note is exchanged for a Fixed Rate Note in accordance with the terms of this Indenture, then such Increasing Rate Note ceases to be outstanding (except for accrued and unpaid interest pursuant to Section 2.02(e) hereof, which shall be included in the applicable Fixed Rate Note).
Interests in a Global Note in respect of an Increasing Rate Note shall be represented by a Rule 144A, Regulation S or IAI Global Note, as the case may be, in the form of Exhibit A to the Indenture.
Senior Increasing Rate Note AHC I MERGER CORP., a Delaware corporation (together with its successors, the "Company"), for value received hereby promises to pay to Scratch & Sniff Funding, Inc.
This Increasing Rate Note is one of the Notes referred to in the Indenture.
This Second Amendment and Restatement is limited as specified and shall not constitute a modification, acceptance or waiver of any other provision of the Increasing Rate Note Purchase and Loan Agreement or any other Loan Document.