IP Intercompany Note definition

IP Intercompany Note means an intercompany note payable by a Special-Purpose IP Subsidiary to the Borrower; provided that (i) the interest payable thereunder shall be payable in cash on a quarterly basis and accrue at a “market” rate of interest determined on an arm’s length basis at the time of issuance and (ii) upon maturity thereof (in the case of a “pre-paid royalty” arrangement) or any material breach of the terms thereof by such Special-Purpose IP Subsidiary, the intellectual property rights held by such Special-Purpose IP Subsidiary (and acquired in exchange therefor from the Borrower) shall revert to the Borrower.
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IP Intercompany Note means an intercompany note payable by a Special-Purpose IP Subsidiary to API or the Issuer; provided that (i) the interest payable thereunder shall be payable in cash on a quarterly basis and accrue at a “market” rate of interest determined on an arm’s length basis at the time of issuance and (ii) upon maturity thereof (in the case of a “pre-paid royalty” arrangement) or any material breach of the terms thereof by such Special- 25 Purpose IP Subsidiary, the intellectual property rights held by such Special-Purpose IP Subsidiary (and acquired in exchange therefor from API or the Issuer, as the case may be) shall revert to API or the Issuer, as the case may be.
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IP Intercompany Note means that certain promissory note dated as of September 30, 2000 made by the Parent Guarantor to Illinova, as payee, as renewed, refunded, replaced, restructured, or refinanced; provided that such note is between the Parent Guarantor and Illinova at all times.
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More Definitions of IP Intercompany Note

IP Intercompany Note means an intercompany note payable by a Special-Purpose IP Subsidiary to API or the Issuer; provided that (i) the interest payable thereunder shall be payable in cash on a quarterly basis and accrue at a “market” rate of interest determined on an arm’s length basis at the time of issuance and (ii) upon maturity thereof (in the case of a “pre-paid royalty” arrangement) or any material breach of the terms thereof by such Special-
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IP Intercompany Note means that certain promissory note, of approximately $2,262.1 million in principal amount, dated as of September 30, 2000, made by Dynegy to Illinova, as payee, as in effect on the date of this Indenture as renewed, refunded, replaced, restructured or refinanced; provided that such note is between Dynegy and Illinova at all times.
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Related to IP Intercompany Note

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Company Note has the meaning set forth in Section 3.1 of the Sale Agreement.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party and (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party.

  • Subsidiary Security Agreement each Security Agreement made by each of the Subsidiary Guarantors (including any security agreement executed and delivered pursuant to subsection 8.17) in favor of the Administrative Agent for the benefit of the Lenders, substantially in the form of Exhibit K hereto, as the same may be amended, supplemented or otherwise modified from time to time.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by the Acquired Companies, on the one hand, from Seller or any of its Affiliates (other than the Acquired Companies), on the other hand.

  • Company Notes means the 5.500% Senior Notes of the Company due 2027 issued under the Indenture.

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Pledge Instruments With respect to each Cooperative Loan, the Stock Power, the Assignment of Proprietary Lease and the Security Agreement.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • IP Security Agreements means the Copyright Security Agreement, the Trademark Security Agreement and the Patent Security Agreement.

  • U.S. Pledge Agreement shall have the meaning provided in Section 6.01(f).

  • Intercompany Subordination Agreement means a subordination agreement executed and delivered by Borrowers and Agent, the form and substance of which is satisfactory to Agent.

  • IP Security Agreement Supplement has the meaning specified in the Security Agreement.