STI Note definition

STI Note has the meaning set forth in the recitals to this Agreement.
STI Note means that certain convertible promissory note, dated as of the Closing Date, in principal amount of $2,400,000 by the Company in favor of Superconductor Technologies Inc.

Examples of STI Note in a sentence

  • Agency shall notify Youth Services Program Coordinator of all staff changes affecting the project funded through this Agreement within seven (7) days of the resignation, firing or any other change.

  • Respondent STS failed to conduct a reasonable due diligence of STI and the STI Note offering in violation of D.C. Official Code §§ 31-5605.02(a) and 31-5602.07(a)(9) and 26 DCMR § B119.2(bb) and FINRA Rules 2010 and 2020.

  • Upon the Financing Closing, STI shall execute and deliver to the Investors and the Company a subordination agreement in the form attached hereto as Exhibit H, pursuant to which STI will subordinate the STI Note to the rights of the Investors with respect to the Investor Notes.

  • No Indebtedness of the Company, at the Closing, will be senior to, or pari passu with, the Notes, whether with respect to priority of security interest, payment or redemptions, interest, damages, upon liquidation or dissolution or otherwise; provided, however, that the STI Note shall be pari passu with the Notes to the extent provided for in the Subordination Agreement.

Related to STI Note

  • RMB Note means a Note denominated in Renminbi.

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

  • 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.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • 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.

  • 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.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

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

  • 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.

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

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

  • 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;

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

  • Class C Note means any one of the Series 2020-1 3.02% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • 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.

  • Existing Note shall have the meaning given to such term in the preamble hereto.

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

  • 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.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • 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.

  • Class A Note means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a Class A-4 Note.

  • 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.

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

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

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • 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;