Management Notes definition

Management Notes as defined in Section 7.6(b).

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Management Notes means $5,500,000 in aggregate original principal amount of Management Notes of the Company issued on the date hereof, as well as (i) any Notes issued in exchange therefor or upon transfer thereof and (ii) any increase in the principal amount thereof pursuant to paragraph 1 of such Notes. All such Notes shall be considered one series.

Management Notes means the Subordinated Promissory Note by and between Saratoga and Thomas F. Cooke dated on or about July 14, 2008, and the Subordinated Promissory Note by and between Saratoga and Andrew Clifford also dated on or about July 14, 2008.

Examples of Management Notes in a sentence

• The Company will prepare and deliver to Buyer five days prior to the Closing Date a schedule showing a reasonable estimate of the outstanding principal of and interest which will have accrued as of the Closing Date with respect to the Obligations and the Management Notes, and the other adjustments to the Share Purchase Price and such schedule shall be updated as of the Closing Date and such update shall be true and correct as of the Closing Date.

• A true and complete list of each Management Investor that has executed a Management Note in favor of the Company, and the principal amount outstanding under such Management Note as of the date of this Agreement, are set forth in Schedule 2.1 under the column "Management Notes Outstanding".

• By: ______________________________ Name: Title: By: ______________________________ Name: Title: Certificate of Authentication This is one of the Management Notes referred to in the within-mentioned Indenture.

• The 8% Notes (Series A), 8% Notes (Series B), US Airways Notes and Management Notes shall be subject to mandatory prepayment following a Spirit Liquidity Event in the priority set forth in Section 10.6 of this Indenture.

• The 8% Notes (Series A), 8% Notes (Series B), and US Airways Notes shall be senior and prior in right of payment to the Management Notes as provided in Article 12 hereof.

More Definitions of Management Notes

Management Notes shall have the meaning assigned to such term in Section 6.06(r).

Management Notes means the promissory notes identified on Schedule 11.01(a) hereto issued by management Holders in connection with the purchase of Company Capital Stock.

Management Notes means up to $25,000,000 aggregate principal amount of 8.00% convertible senior secured third lien notes due 2016 of the Co-Issuers, having terms and conditions that are not less favorable to the Co-Issuers than the Convertible Notes and with respect to which the holders (or a trustee or agent on behalf of such holders) shall have executed a supplement to the Intercreditor Agreement agreeing to be bound thereby on the same terms applicable to the holders of Convertible Notes.

Management Notes means the subordinated notes issued by the Borrower, any Subsidiary or any Parent Company to existing or former employees, officers, consultants or directors of the Borrower, any Subsidiary or any Parent Company in consideration for such Person’s Equity Interests in the Borrower, any Subsidiary or any Parent Company, in each case subordinated to the Obligations on terms and conditions reasonably satisfactory to the Administrative Agent.

Management Notes means the promissory notes set forth on Schedule 4.

Management Notes means those certain promissory notes in the original aggregate principal amount not to exceed $900,000 and all accrued interest thereon issued by certain members of Management to Holdings in connection with the Acquisition.

Management Notes means those certain secured promissory notes executed and delivered by certain Management Investors to Holdings in connection with the purchase of Holdings Common Stock by such Management Investors.