Insider Notes definition
Examples of Insider Notes in a sentence
Upon conversion of the Insider Notes to ACRO common stock, there shall be 97,001,018 shares outstanding.
As of the Closing Date and following the conversion of the Insider Notes, the cancellation of the outstanding warrants and the cancelation of all outstanding options, there are no, options, warrants or other convertible securities which may be converted into stock of ACRO.
Workflow and its Subsidiaries shall not waive, amend, extend, renew, or otherwise modify the terms and conditions of the Insider Notes without the written consent of the Agent.
The Borrower will not, nor will the Borrower permit any of its Subsidiaries to, waive, amend, extend, renew or otherwise modify the terms and conditions of the Insider Notes without the prior written consent of the Agent.
The Administrative Agent shall have received subordination agreements in respect of the Accrued Rent Obligations, the Existing Insider Notes and the Existing Subordinated Notes in form and substance acceptable to the Administrative Agent.
Lithia will cause the Company to pay the accrued interest and principal of the Insider Notes, according to the terms thereof, with final payment to be made on or before thirteen (13) calendar months after the Closing Date.