Examples of Incremental Note in a sentence
The portion of the Tranche B Notes purchased by each Purchaser shall be evidenced by a promissory note, substantially in the form of Exhibit C hereto (except that if the Issuer and any applicable Purchaser has agreed to a form of Bridge Note or Incremental Note that is different than Exhibit C, such Tranche B Notes shall be substantially in the form of such different Note), executed by the Issuer in an original principal amount equal to such Purchaser’s applicable share of the Tranche B Notes.
For FY2019, North Carolina’s obligation authority was $1.1 billion.
NEXTWAVE WIRELESS LLC By: Name: Title: EXHIBIT B [Form of Senior Incremental Note] THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”).
Each Purchaser is obligated to purchase its Incremental Note Commitment Amount of Incremental Notes on the applicable Subsequent Closing Date.
The Principal Amount of such Senior Incremental Notes, taken together with the Principal Amount of all other Senior Incremental Notes issued on or before such Senior Incremental Note Issuance Date, shall not exceed $15,000,000 (excluding any and all PIK Amounts).