Notes Payoff Amount definition
Examples of Notes Payoff Amount in a sentence
Not less than five days prior to the Closing Date, an officer of the Company shall deliver to the Buyer a certificate stating the Notes Payoff Amount.
As of the date hereof, Sellers confirm that the Fidelity Notes Payoff Amount is One Million Four Hundred Forty-Eight Thousand Dollars ($1,448,000).
At the Closing, the Company shall pay (the “Notes Payment”) to CD Fund IV by wire transfer of immediately available funds, to such account as shall be designated in writing by CD Fund IV to the Buyer at least five business days prior to the Closing Date, an amount equal to the Notes Payoff Amount.
At or prior to the Closing, Buyer and the Stockholders’ Agent shall jointly instruct and otherwise cause the Escrow Agent to pay at the Closing, with funds provided by the Buyer to the Escrow Agent pursuant to Section 2.12(c)(iv), the Convertible Notes Payoff Amount to the holders of the Convertible Promissory Notes in amounts payable to such holders, in each case, as set forth in the Closing Statement.
Purchaser shall pay the Fidelity Notes Payoff Amount to Fidelity & Trust Bank, and shall execute and deliver the Berwyn Road Lease to Sellers for delivery to ▇▇▇▇ ▇▇▇▇▇▇.
Upon receipt of the Subordinated Notes Payoff Amount, BACC agrees that the Subordinated Notes will be paid in full and that the Subordinated Notes shall be terminated.
The Company agrees to pay BACC on the date of this Agreement in immediately available funds by wire transfer to an account specified in writing by BACC the amount of Seven Hundred Fifty-Seven Thousand One Hundred Ninety Dollars and Eighty-Three Cents ($757,190.83) (the "Subordinated Notes Payoff Amount"), which amount includes all principal and accrued and unpaid interest through but not including the date of this Agreement and which payment shall constitute payment in full of the Subordinated Notes.