Life Notes definition

Life Notes means the “Promissory Notesfrom time to time issued by, and evidencing “Loans” made to, GWG Life Settlements under, and as each such term is defined in, the Note Issuance and Security Agreement.), as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with their terms and the terms of this Agreement.

Examples of Life Notes in a sentence

  • Since June 14, 2011, no GWG Party has issued, and each GWG Party agrees that it shall not permit the issuance of, any Life Notes except for refinancing of Life Notes funded by existing Life Note investors that do not have the effect of increasing the outstanding principal balance of the Life Notes.

  • Effective as of the Effective Date (as defined in Section 3 below), each of the Lender and the Agent hereby consents to the following: Life Notes.

  • The GWG Parties shall promptly notify the Agent of the filing of any registration statement with respect to the Life Notes, and of the withdrawal of any such registration statement.

  • In addition, the GWG Parties shall deliver to the Agent promptly (and in any event within one (1) Business Day) after their receiving the same, a copy of each comment letter or other correspondence received from the SEC or any other Governmental Authority relating to the Life Notes or the status of the GWG Parties for purposes of the Investment Company Act of 1940.

  • The incurrence of Indebtedness by GWG Life Settlements under the Life Notes and the related Equity Interest Pledge, in each case in accordance with the terms and conditions of the Note Issuance and Security Agreement attached hereto as Annex I.

  • As of the Second Restatement Effective Date, there are no outstanding Life Notes.

  • Matching RRSP — GWL PTI — Sun Life PTI Noble Salaried and Non Union Hourly Matching RRSP — GWL PTI — Sun Life Notes: RRSP = Registered Retirement Savings Plan GWL = Great West Life * contract expires 12/31/10 None.

Related to Life Notes

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.