QBE Note definition

QBE Note means the Note Deed issued by QBE Insurance Group Limited to PMI Insurance in connection with the QBE Share Sale Agreement, dated October 23, 2008, as amended by the Amending Deed, dated December 17, 2008, and as further amended, supplemented or otherwise modified to the extent permitted under this Agreement.
Sample 1
QBE Note means the Note Deed entered into in December 2008 (as amended from time to time) between QBE Insurance Group Limited and PMI Mortgage Insurance Co. (as transferred from PMI Mortgage Insurance Co. to the Company).
Sample 1

Examples of QBE Note in a sentence

  • Due to the waiver of contingencies, the Company recorded the QBE Note as a Note Receivable as of June 30, 2011.

  • So long as any Event of Default has occurred and is continuing, exercise, and cause each of its Subsidiaries to exercise, all of the rights, powers and remedies of each such Person in respect of the QBE Note, either of the QBE Share Sale Agreements or any of the QBE Note Purchase Agreements, or any rights or remedies of the Borrower or any of its Subsidiaries under any of the foregoing as, in the manner and at the times directed by the Administrative Agent or the Required Lenders.

  • The Company recognized the notional amount of the QBE Note plus accrued interest, net of taxes, through June 30, 2011 and cash payment related to a profit sharing arrangement tied to the performance of the PMI Australia insurance portfolio as gain on sale of discontinued operations for the quarter ended June 30, 2011.

Related to QBE Note

  • New Note shall have the meaning assigned to such term in Section 38.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • Legended Note means Registered Notes in definitive form that are issued to Institutional Accredited Investors and Registered Notes (whether in definitive form or represented by a Registered Global Note) sold in private transactions to QIBs in accordance with the requirements of Rule 144A;

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Exchange Note means the Closed-End Exchange Note.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • PLEASE NOTE The Revisor's Office cannot perform research for or provide legal advice or interpretation of Maine law to the public. If you need legal assistance, please contact a qualified attorney.

  • Mortgage Note The original executed note or other evidence of indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Owned Note shall have the meaning assigned to such term in Section 32.

  • Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;

  • Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Note A shall have the meaning assigned to such term in the recitals.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Coupon Note means a Note on which no interest is payable.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.

  • Subordinate Note means each B Note.