Examples of Intercompany Promissory Note in a sentence
On or about July 18, 2014, Paragon Offshore Finance Company (“Paragon Finance”), a debtor in the above-captionedproceeding, transferred $678,702,904.41 to NHIL 1 (the “NHIL 1 Note Payment”) in satisfaction of an Intercompany Promissory Note, dated July 15, 2014, in the principal amount of $678,629,103.49 (the “NHIL 1 Note”), plus $73,800.92 in unpaid interest.
The Board, upon Majority Consent, may require the Members to make a Capital Contribution to the Company or loan funds (pursuant to the terms of the Intercompany Promissory Note) to the Company on a pro rata basis in accordance with the Percentage Interest of each Member or, as applicable, on some other basis as determined by the Board by Majority Consent.
On or about July 18, 2014, Paragon Finance transferred $678,702,904.41 to NHIL 2 (the “NHIL 2 NotePayment”) in satisfaction of an Intercompany Promissory Note, dated July 15, 2014, in the principal amount of $678,629,103.49 (the “NHIL 2 Note” and, together with the NHIL Note 1, the “NHIL Notes”), plus $73,800.92 in unpaid interest.
On or about July 18, 2014, Paragon Finance transferred $353,330,213.50 to FDR (the “FDR Note Payment” and, together with the NHIL 1Note Payment and the NHIL 2 Note Payment, the “Note Payments”) in satisfaction of an Intercompany Promissory Note, dated July 15, 2014, in the principal amount of $353,291,793.02 (the “FDR Note” and, together with the NHIL Notes, the “Intercompany Notes”), plus$38,420.48 in unpaid interest.
Innovation status will give FES a better chance at receiving State and corporate grants in the future.
At the request of the Administrative Agent, the Loan Parties shall use commercially reasonable efforts to provide the Administrative Agent with originals of replacement notes in respect of each of the Intercompany Promissory Notes along with executed allonges for each such Intercompany Promissory Note, each in form and substance acceptable to the Administrative Agent.
Immediately upon the making of the initial Loans, Company shall apply approximately $96,000,000 of the proceeds of the initial Loans to fund the Acquisition Financing Requirements, contributing to UK Bidco, (1) approximately $48,000,000 (or its foreign currency equivalent) as common equity and (2) approximately $48,000,000 as an intercompany loan evidenced by the Intercompany Promissory Note.
The design development of the Package 5 interventions for Salford is now completed with Cllr Antrobus and Cllr Jones briefed on 18th December 2017 and having gone through a consultation exercise with ward Members on 5th February 2018.
The Intercompany Promissory Note is secured by a mortgage on the Summit property.
Nevertheless France feels quite confident of its chances of justifying national health and safety provisions through Art.