Life Notes definition
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.