Subordinated Note definition
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.
Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.
Subordinated Note means a promissory note in substantially the form of Exhibit VI hereto as more fully described in Section 1.2 of the Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Examples of Subordinated Note in a sentence
In connection with the initial Capital Contribution by the Members, BCPC and the Company shall enter into a contribution and sale agreement in the form approved by the Members (with Prior Committee Approval) (the “Contribution and Sale Agreement”), pursuant to which BCPC will contribute to the capital of the Company certain investments in exchange for interests in the Company and a Subordinated Note in an amount to be approved by the Company (by Prior Committee Approval).
No Member shall be entitled to receive any interest on any Capital Contribution to the Company (except as otherwise specifically contemplated by the Subordinated Note or set forth herein).
More Definitions of Subordinated Note
Subordinated Note or “Subordinated Notes” means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.
Subordinated Note means that certain $[ ] subordinated promissory note, dated [ ], issued by Borrower to Subordinated Creditor, as amended, restated, supplemented or otherwise modified from time to time.
Subordinated Note shall have the meaning specified in the Receivables Purchase Agreement.
Subordinated Note shall have the meaning given such term in Section 2.01(c) of the Sale Agreement.
Subordinated Note has the meaning specified therefor in the Recitals hereto.
Subordinated Note means each revolving promissory note issued by the Seller to the Originator under the Purchase Agreement.
Subordinated Note has the meaning given in Section 2.2.