Settlement Note definition

Settlement Note means the $2.5 million senior unsecured note to be issued by Reorganized Hexion on the Effective Date to the Consenting Sponsors, which shall (i) mature on March 31, 2020, (ii) be payable upon any public offering or listing of New Common Equity (or any other equity interests of the Reorganized Debtors) on The Nasdaq Global Select Market, The New York Stock Exchange, or any successor national securities exchanges, on or after the Effective Date, (iii) be freely transferrable by the holder, and (iv) contain other terms and conditions reasonably acceptable to the Required Consenting Parties.
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Settlement Note means the note to be issued by Verizon and made payable to Seller at Closing, in the form appended as Exhibit B, in an amount equal to the principal amount of the Vodafone B.V. Inc. Note plus accrued interest, which shall be settled in accordance with Section 5.19.
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Settlement Note means that component of the Settlement Fund represented by a $5 million Promissory Note with a 5% interest rate and a 30- month maturity and secured by the collateral outlined in the Security Agreement.
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Examples of Settlement Note in a sentence

  • The Parties further acknowledge and agree that, in connection with the Chapter 11 Cases and the negotiation and consummation of this Agreement, the Settlement Note Holders, at all times, acted (a) in good faith and (b) solely for themselves and not on behalf of or in representation of any other creditors, bondholders or other parties in interest.

  • The Debtors, JPMC, the FDIC Receiver, FDIC Corporate, the Creditors’ Committee and the Settlement Note Holders acknowledge and agree that the acceptance of the Plan will not be solicited until the Bankruptcy Court has approved the Disclosure Statement and related ballots, and such Disclosure Statement and ballots have been transmitted to parties entitled to receive same.

  • The terms and conditions of this Agreement, the Settlement Note and the Pledge Agreement (collectively, the “Settlement Agreements”) and all correspondence relating to the Settlement Agreements are confidential.

  • Daily Settlement Note - a report issued by BRM to the Participant as provided for in this Agreement.

  • Consenting Sponsor Claim Settlement Subject to and upon the occurrence of the Effective Date, the Consenting Sponsors shall receive the Settlement Note, in full satisfaction, compromise, and discharge of any General Unsecured Claims held by such Consenting Sponsors as of the Effective Date other than any Claims arising under or related to the Debtors’ indemnification provisions or director and officer insurance policies (the “Consenting Sponsor Claim Settlement”).

  • Telecopy: (000) 000-0000 Email: xxxxxxxx@xxxx.xxx If to the Settlement Note Holders: Xxxxx, Xxxxx, Xxxxxx Xxxxxxx & Xxxxxxxx Xxx Xxx Xxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx X.

  • Telecopy: (000) 000-0000 Email: xxxxxxxxxxx@xxxx.xxx If to the Settlement Note Holders: Xxxxx, Xxxxx, Xxxxxx Xxxxxxx & Xxxxxxxx LLP Xxx Xxx Xxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx X.


More Definitions of Settlement Note

Settlement Note has the meaning specified in the Transaction Agreement.
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Settlement Note means the Settlement Note to be executed by Borrowers on or before the Closing Date in favor of Fleet Capital, which shall be in the form of EXHIBIT C attached hereto and which shall evidence all Settlement Loans made by Fleet Capital to Borrowers pursuant to this Agreement.
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Settlement Note is hereby changed to "Settlement Promissory Note."
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Settlement Note means a secured promissory note in the amount of $2,710,000.00, dated the date hereof, with Dunes as maker and Pledgee as payee, and all amendments, modifications and extensions of such note. "Income and Proceeds" means all present and future income, proceeds, substitutions from or for the Collateral of every kind and nature, including without limitation, all principal payments, interest, proceeds of any insurance on the Collateral, condemnation awards from any of the real property encumbered by the SHF Deeds of Trust, and all other real or personal property Pledgor is entitled to receive on account of such Collateral.
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Settlement Note means a promissory note from an Account Debtor to a Grantor evidencing such Account Debtor’s obligation to pay Accounts that are past due when the terms of such note are approved by such Grantor.
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Settlement Note means a Municipal Tranche Settlement Note or a Structured Tranche Settlement Note.
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Related to Settlement Note

  • Adjustment Note has the meaning given in the GST Legislation;

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

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

  • 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.

  • 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;

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

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

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

  • 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.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • Revolver Note means any one of such Revolver Notes.

  • Swing Note is defined in Section 1.11 hereof.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Lead Note means Note A-1.

  • 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.

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

  • RMB Note means a Note denominated in Renminbi.

  • Swapped Note is defined in Section 8.6(b).

  • Repayment Agreement means an agreement

  • 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;

  • 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;