Intercompany Note definition
Intercompany Note means a promissory note substantially in the form of Exhibit I.
Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.
Intercompany Note means any promissory note evidencing loans made by any Grantor to any other Grantor.
Examples of Intercompany Note in a sentence
Each Loan Party agrees that all intercompany Indebtedness among Loan Parties and Borrowing Base Parties (other than any Intercompany Note, the “Intercompany Debt”) shall be subordinated in right of payment, to the prior Repayment in Full.
Notwithstanding anything to the contrary herein or in any other Loan Document, each Intercompany Note shall be deemed to not be “Material Indebtedness” or “Material Nonrecourse Indebtedness”.
Promptly following an Authorized Officer obtaining knowledge of an event of default (or any analogous term defined in any Intercompany Note) under an Intercompany Note, notice in writing thereof.
More Definitions of Intercompany Note
Intercompany Note means a promissory note substantially in the form of Exhibit K evidencing Indebtedness owed among Credit Parties and their Subsidiaries.
Intercompany Note means a promissory note evidencing Intercompany Loans, duly executed and delivered substantially in the form of Exhibit N (or such other form as shall be satisfactory to the Administrative Agent in its sole discretion), with blanks completed in conformity herewith.
Intercompany Note means a promissory note substantially in the form of Exhibit P.
Intercompany Note means a promissory note substantially in the form of Exhibit N.
Intercompany Note with respect to any Grantor, any promissory note in a principal amount in excess of $3,000,000 evidencing loans made by such Grantor to the Parent Borrower or any of its Subsidiaries.
Intercompany Note means any promissory note issued or to be issued by any Credit Party to evidence an intercompany loan in form and substance satisfactory to the Agent.
Intercompany Note means the Intercompany Note, dated as of the Closing Date, substantially in the form of Exhibit Q executed by the Borrower and each Restricted Subsidiary of the Borrower party thereto.