Qualified Note definition

Qualified Note means a recourse note, with a market rate of interest, that may, at the discretion of the Administrator, be secured by the Optioned Stock or otherwise.

Qualified Note means a recourse note, with a fixed market rate of interest, that may, at the discretion of the Committee, be secured by Shares or otherwise.

Qualified Note means a recourse note, with a market rate of interest, that may, at the discretion of the Committee, be secured by Optioned Stock or otherwise.

Examples of Qualified Note in a sentence

• The consideration to be paid for the Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator and may consist entirely of (A) cash, (B) check, (C) Mature Shares, (D) Qualified Note, or (e) any combination of the foregoing methods of payment.

• The provisions regarding costs and expenses and indemnification Obligations contained in Section 10.04 of this Agreement shall apply in all respects to any transactions involving any Existing Qualified Note, any Existing Qualified Mortgage, any Qualified Term Note or any Qualified Mortgage and all actions taken or omitted to be taken by the Administrative Agent and the Lenders in connection therewith.

• Qualified Note Taker shall mean a note taker who is able to transcribe voice communications competently, accurately, and impartially, using any specialized terminology necessary to effectively communicate in a hospital setting to a Patient or a Companion who is deaf or hard of hearing, given that individual's language skills and history.

• Qualified Note Taker shall mean a note taker who is able to transcribe voice communications competently, accurately, and impartially, using any specialized terminology necessary to effectively communicate in a health care setting to a Patient or a Companion who is deaf or hard-of-hearing, given that individual’s language skills and history.

• The consideration to be paid for the Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator and may consist entirely of (A) cash, (B) check, (C) Mature Shares, (D) Qualified Note, or (E) any combination of the foregoing methods of payment.

More Definitions of Qualified Note

Qualified Note means a recourse note, with a fixed rate of interest equal to or greater than the market rate at the time of exercise, that may, at the discretion of the Administrator, be secured by the Optioned Stock or otherwise.

Qualified Note means a recourse note, with a fixed market rate of interest, that may, at the discretion of the Committee, be secured by the

Qualified Note. Issuance shall mean the first issuance of unsecured Indebtedness under a New Note Indenture to occur after the Closing Date in an amount greater than or equal to $300,000,000 as permitted pursuant to Section 8.2.1(x) [Indebtedness].

Qualified Note means an unsecured promissory note of the Company (i) maturing in five years, with principal due in five equal annual installments, (ii) bearing interest at an annual rate equal to the Prime Rate, with interest paid annually in arrears, and (iii) becoming payable on a Substantial Sale; PROVIDED, HOWEVER, that the terms of such note shall expressly be subordinated and subject to the Company's Credit Agreements as required by the lenders thereunder and any failure by the Company to make any principal or interest payment on such note shall not be a default under such note if such payment is at the time of payment prohibited under the terms of any of the subordination provisions of the Credit Agreements. ---------------

Qualified Note means a recourse note, with a fixed market rate of interest, that may, at the discretion of the Committee, be secured by Shares or otherwise. rr. “Re-Load Option” means a new Option or SAR that is automatically granted to a Participant as result of such Participant’s exercise of an Option or SAR.

Qualified Note has the meaning assigned to such term in the Partnership Agreement.

Qualified Note means a Note executed by a Purchaser or Purchasers, payable to the order of Borrower in connection with a Qualified Sale, which has been assigned and endorsed over to Lender with recourse, with respect to which all of the requirements for a Qualified Timeshare Loan are true.