Note Payoff Amount definition

Note Payoff Amount means the amount to pay in full the principal, accrued interest and premium, if any, on the 2004 Secured Notes as of the Purchase Date.
View Source
Note Payoff Amount means the amount to pay in full the
View Source
Note Payoff Amount means the principal sum, together with all interest and costs due and owing to Polk 6 Audio, Inc., the Purchaser's parent company ("POLK"), as of the Closing Date pursuant to that certain Promissory Note executed by the Company and dated December 2, 1997 (the "NOTE").
View Source

Examples of Note Payoff Amount in a sentence

  • The Senior Note Payoff Amount will be paid and delivered to the Senior Note Holders pursuant to the terms and conditions of the Merger Agreement.

  • No later than one Business Day prior to the Purchase Date, (i) Loan Participant shall notify Owner Trustee of the Note Payoff Amount and the Loan Participant Charges, (ii) Indenture Trustee shall notify Owner Trustee of the Indenture Trustee Charges, and (iii) Owner Trustee shall notify PGE and Owner Participant of the Note Payoff Amount, the Loan Participant Charges, the Indenture Trustee Charges and the Owner Trustee Charges.

  • The Senior Subordinated Note Payoff Amount will be paid and delivered to the Senior Subordinated Note Holders pursuant to the terms and conditions of the Merger Agreement.

  • The amount paid to Warburg pursuant to the previous sentence shall be applied first to the Promissory Note Payoff Amount until the Promissory Note Payoff Amount shall have been paid in full and then, if any amount shall be remaining, pro rata to the Series A Liquidation Amount and Series B Liquidation Amount until the Series A Liquidation Amount and Series B Liquidation Amount shall have been paid in full.

  • Such amount shall be applied by Warburg first to the Promissory Note Payoff Amount until the Promissory Note Payoff Amount shall have been paid in full and then, if any amount shall be remaining, pro rata to the Series A Liquidation Amount and Series B Liquidation Amount until the Series A Liquidation Amount and Series B Liquidation Amount shall have been paid in full.

  • If Seller does not deliver a Notice of Disagreement prior to the expiration of the Review Period, the Closing Statement and calculations of Working Capital, Funded Indebtedness, Cash, Company Transaction Expenses and Aggregate Employee Note Payoff Amount and the resulting Final Purchase Price shall become final, binding and conclusive upon Seller and Purchaser.

  • If, as of the Effective Time, the Carlyle Note Payoff Amount is less than $14,500,000, then the Exchange Ratio shall be increased by the quotient determined by dividing (x) (1) $14,500,000 reduced by the Carlyle Note Payoff Amount divided by (2) $0.70, by (y) the number of Stock Receiving BRE Shares.

  • From the Total Payment Amount funds, McCormick shall receive, and said funds shall be allocated first to t▇▇ ▇▇▇▇▇▇ required to pay McCormick in full, at and as of the Closing Date, the principal amoun▇ ▇▇▇▇▇▇▇ding, plus all accrued and unpaid interest due and payable under the Note (the "Note Payoff Amount").

  • On the Closing Date (and immediately following the Closing), Buyers will cause and require that the Company pay and satisfy the Notes by the payment of Eighty-three Million Nine Hundred Eleven Thousand Five Hundred Seventy-four Dollars ($83,911,574.00) (the "Note Payoff Amount") for such purpose (such transaction being the "Note Payoff").

  • At Closing, the Escrow Agent shall pay to the Lender a portion of the Adjusted Purchase Price equal to the balance owing in respect of the Discounted Note Payoff Amount in consideration for the reconveyance to Seller and release of the Loan pursuant to the Discounted Note Payoff Agreement, and the Escrow Agent shall pay the remaining balance of the Adjusted Purchase Price to Seller in good immediately available United States funds by wire transfer to an account or accounts designated by Seller in writing.


More Definitions of Note Payoff Amount

Note Payoff Amount has the meaning ascribed thereto in Section 2.01(b).
View Source
Note Payoff Amount means $318,839.47, which constitutes all of the indebtedness outstanding under the Seller Note as set forth therein.
View Source

Related to Note Payoff Amount

  • Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Note Principal Distributable Amount means, with respect to any Payment Date, the sum of (i) the Note Monthly Principal Distributable Amount, (ii) any outstanding Note Principal Carryover Shortfall as of the close of the immediately preceding Payment Date and, (iii) on the Final Payment Date for a Class of Notes or the Payment Date as of which all of the Receivables are to be purchased pursuant to Section 8.01, the amount necessary (after giving effect to all amounts allocable to principal required to be deposited in the Note Distribution Account on such Payment Date) to reduce the Outstanding Amount of each related Class of Notes to zero; provided, however, that the Note Principal Distributable Amount with respect to a Class of Notes shall not exceed the Outstanding Amount of such Class of Notes.

  • Note Distributable Amount means, with respect to any Payment Date, the sum of the Note Interest Distributable Amount and the Note Principal Distributable Amount for such Payment Date.

  • Noteholders’ Principal Distributable Amount means, with respect to any Distribution Date, (other than the Final Scheduled Distribution Date for any Class of Notes), the sum of the Principal Distributable Amount for such Distribution Date and the Noteholders’ Principal Carryover Amount, if any, as of the close of business on the preceding Distribution Date. The Noteholders’ Principal Distributable Amount on the Final Scheduled Distribution Date for any Class of Notes will equal the sum of (i) the Principal Distributable Amount for such Distribution Date, (ii) the Noteholders’ Principal Carryover Amount as of such Distribution Date, and (iii) the excess of the outstanding principal amount of such Class of Notes, if any, over the amounts described in clauses (i) and (ii).