Sub Note definition

Sub Note has the meaning specified in Section 3.5(a).
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Sub Note and "Sub Notes" have the meanings assigned to such terms in Item I1 of this Agreement.
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Sub Note means the non-interest bearing, pre-payable at will and repayable on demand promissory note issued by TA Energy in the principal amount of $126 million.
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Examples of Sub Note in a sentence

  • At the Closing, immediately following the Stock Purchase, MM shall subscribe for and purchase from KARA Sub 100 shares of KARA Sub common stock, $.01 par value ("KARA Sub Common Stock"), representing 10% of the issued and outstanding shares of KARA Sub Common Stock, and KARA Sub shall issue, sell and transfer to MM the KARA Sub Common Stock in consideration for delivery by MM to KARA Sub of the KARA Sub Note.

  • Each such new TCW Sub Note shall be dated and bear interest from the date to which interest shall have been paid on the surrendered TCW Sub Note or dated the date of the surrendered TCW Sub Note if no interest shall have been paid thereon.

  • Inland shall not reissue, modify or supplement any provision of any Senior Sub Note Purchase Document or Junior Sub Note Purchase Document to which it is a party, without the prior written consent of the Requisite Holders.

  • The proceeds of the Recapitalization together with the Recap Co Sub Note will be used to consummate the Redemptions.

  • Each such new TCW Sub Note shall be payable to such Person as such holder may request and shall be substantially in the form of Exhibit A.

  • The Guarantor agrees that its obligations under this Section shall be automatically reinstated if and to the extent that for any reason any payment (including payment in full) by or on behalf of Inland is rescinded or must be otherwise restored by any Holder of a TCW Sub Note, whether as a result of any proceedings in bankruptcy or reorganization or otherwise, all as though such amount had not been paid.

  • Each TCW Sub Note shall have endorsed thereon a Guarantee executed by the Guarantor in the form of EXHIBIT B attached hereto.

  • If the Note Purchaser shall request that the restrictive legend on the TCW Sub Note be removed, the Note Purchaser, if requested by Inland, will have the obligation in connection with such request, at the Note Purchaser's expense, of delivering an opinion of counsel in form and substance reasonably satisfactory to Inland, in connection with such request, to the effect that the removal of such restrictive legend would not be in violation of the Securities Act or any applicable state securities laws.

  • The words "the transactions contemplated by this Agreement" shall include the Redemptions, the Merger, the Recapitalization and the execution and delivery of the Recap Co Sub Note and the Investors' Agreement.

  • TCW Sub Notes shall not be transferred in denominations of less than $1,000,000 provided that if necessary to enable the registration of transfer by a Holder of its entire holding of TCW Sub Notes, one TCW Sub Note may be in a denomination of less than $1,000,000.


More Definitions of Sub Note

Sub Note has the meaning set forth in Section 2.3(b).
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Related to Sub Note

  • RMB Note means a Note denominated in Renminbi.

  • 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.

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

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

  • Class C Note means any one of the Series 2023-3 7.05% 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.