Note Repayment definition

Note Repayment means the issuances of Series A-1 Preferred Shares in repayment of the Convertible Notes pursuant to the terms of the Convertible Notes on the Maturity Date (as defined in the Convertible Notes).

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Note Repayment means the payment in full of the Promissory Note pursuant to the terms and conditions of the Promissory Note.

Note Repayment has the meaning set forth in the recitals.

Examples of Note Repayment in a sentence

• The payment of the Note Repayment Price in respect of such Notes shall be made no later than 12:00 noon, New York City time, on the Put Option Exercise Date.

• Borrower shall have received an aggregate amount of proceeds (net of underwriting discounts and commissions) from the issuance of the Permitted Unsecured Notes that is no less than (a) the aggregate amount of Loans that is contemplated to be repurchased by Borrower pursuant to Section II hereof, plus (b) the Expected Seller Note Repayment, minus (c) $75,000,000.

• In the event the Note Repayment is not timely made, Holder shall have the option to reinstate the Note or enforce this Agreement with respect to the Note.

• The proceeds of the 2017 Incremental Term Loans made on the Restatement Date pursuant to Section 2.01(a) hereof shall be used to pay Convertible Note Repayment Obligations, purchase, repurchase or redeem Convertible Notes pursuant to Section 7.04(c)(y), to fund the Convertible Note Repayment Reserve as permitted hereunder, and for working capital and all other general corporate purposes.

• At the Closing, if the full proceeds of the Red Lion Financing are available to USHC, USHC will make the Note Repayment to Indigo and Alberta, as applicable.

• Within five (5) Business Days after receipt by Holder of the Note Repayment, the Holder shall surrender the Note to the Company for cancellation.

• Upon the receipt by Holder of the Note Repayment, all monetary obligations of the Company under the Note for principal, interest and liquidated damages, if any, shall be canceled and extinguished.

• Loan Balance Repayment Term $7500 - $39,999 Up to 20 years $40,000 - $60,000 Up to 25 years Greater than $60,000 Up to 30 years Note: Repayment terms are based on a Borrower's consolidated loan balance; these terms may be changed by the Borrower after the Borrower has completed one full year of full principal and interest payments.

• Parent shall have executed and delivered a Note Repayment Agreement to each holder of a Repaid Company Loan.

• After Note Repayment, Sections 6.1 and 10.5(b) shall no longer apply.

More Definitions of Note Repayment

Note Repayment shall have the meaning set forth in the Separation Agreement. The Red Lion Commitment Letter has not been amended or modified on or prior to the date of this Agreement, and as of the date of this Agreement the commitments contained in the Red Lion Commitment Letter have not been withdrawn or rescinded in any respect. As of the date hereof, there are no side letters or agreements to which ▇▇▇▇▇ or any of its Subsidiaries is a party related to the funding of Red Lion Financing that could reasonably be expected to adversely affect the availability of the Red Lion Financing. ▇▇▇▇▇ has fully paid any and all commitment fees or other fees in connection with the Red Lion Commitment Letter that are payable on or prior to the date hereof, and as of the date hereof, the Red Lion Commitment Letter is in full force and effect and is the legal, valid and binding enforceable obligation of ▇▇▇▇▇, and, to the knowledge of ▇▇▇▇▇, each of the other parties thereto. There are no conditions precedent or other contingencies related to the funding of the full amount of the Red Lion Financing, other than as expressly set forth in the Red Lion Commitment Letter and ▇▇▇▇▇ does not have any reason to believe that the conditions to the Red Lion Financing will not be satisfied or that the Red Lion Financing will not be available to USHC on the Closing Date. As of the date hereof, subject to the accuracy of the representations and warranties of Navy set forth in Section 4.2, no event has occurred, which, with or without notice, lapse of time or both, would or would reasonably be expected to constitute a default or breach on the part of ▇▇▇▇▇ or, to the knowledge of ▇▇▇▇▇, any other party thereto under the Red Lion Commitment Letter.

Note Repayment refers to repayment in full by the Borrower of all sums due to the Backstop Investor under the Note (as defined in the Loan Agreement).

Note Repayment has the meaning specified in Section 2.4.

Note Repayment means (i) the repayment in full of all outstanding principal, accrued interest and other amounts remaining due and owing on the Insider Notes after giving effect to the Note Exchange and (ii) the release and termination of any pledge, lien, collateral assignment, mortgage, security interest or other lien or encumbrance securing the obligations of the Company under the Insider Notes.

Note Repayment is defined in Section 2.8.