Note Security definition

Note Security means any Note or Conversion Share.
Note Security means all assets now or from time to time after the Issue Date subjected to a security interest or other charge (or intended to be so subjected pursuant to the Agreement or any Related Agreement) to secure the payment or performance of any of the Note Obligations.
Note Security has the meaning given to such term in the Initial Subscription Agreement;

Examples of Note Security in a sentence

  • Except as otherwise explicitly provided herein or in the Note Security Documents, neither the Note Collateral Agent nor any of its officers, directors, employees or agents shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any other Person or to take any other action whatsoever with regard to the Collateral or any part thereof.

  • The Trustee and the Company hereby acknowledge and agree that the Note Collateral Agent holds the Collateral in trust for the benefit of the Secured Parties, in each case pursuant and subject to the terms of the Note Security Documents and the Intercreditor Agreements.

  • If an Event of Default occurs and is continuing, the Trustee and the Note Collateral Agent may, but are not obligated under this Section 603 to, pursue any available remedy to collect the payment of principal of or interest on the Notes or to enforce the performance of any provision of the Notes, this Indenture or the Note Security Documents.

  • The Note Collateral Agent and the Trustee shall enter into the Base Intercreditor Agreement and any other Intercreditor Agreement at the request of the Company, provided that (in the case of such other Intercreditor Agreement) the Company will have delivered to the Note Collateral Agent and the Trustee an Officer’s Certificate to the effect that such other Intercreditor Agreement complies with the provisions of this Indenture, the Notes, the other Note Security Documents and the Intercreditor Agreements.

  • The Company and the Guarantors shall continue to have the right to possess and control their property and assets constituting Collateral and exercise all rights with respect thereto, subject to the terms of the Note Security Documents.


More Definitions of Note Security

Note Security means any Note.
Note Security has the meaning attributed to such term in the Recitals;
Note Security means the sum of One Million Three Hundred Thousand Dollars ($1,300,000) held in an escrow account with ▇▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇, P.C. (the “Escrow Agent”) to secure repayment of the obligations of Healthy Extracts under the Notes.
Note Security means each and every security referred to in Article Twelve of the Trust Indenture and includes all contracts and documents pursuant to which said security is now or hereafter granted or which are accessory to the granting of same and includes, without limitation, the security documents listed in Schedule "B" hereto;
Note Security means the security interests created under Clause 4 (Note Security), including the Charge and the Transferred Rights;
Note Security has the meaning given to it in Subsection 2.2(c);
Note Security means the security issued in accordance with clause 5.4(b).