Subordinated Promissory Notes definition

Subordinated Promissory Notes means those certain promissory notes dated December 15, 1999 executed by the Borrower pursuant to the Chase Purchase Agreement, together with all modifications, renewals and extensions thereof or any part thereof.

Subordinated Promissory Notes means collectively, the $750,000 Subordinated Promissory Note and “$4,350,000 Subordinated Promissory Note, payable in accordance with their respective terms.

Subordinated Promissory Notes means the collective reference to (a) the Subordinated Promissory Note dated April 1, 1998, between the Borrower, as Maker, and Xxxxxx, as Lender, and (b) the Subordinated Promissory Note dated April 1, 1998, between the Borrower, as Maker, and BW Holdings, LLC, as Lender.

Examples of Subordinated Promissory Notes in a sentence

• This Note is one of a number of Subordinated Promissory Notes of the Company described on Exhibit A attached hereto (collectively, the “Trust Notes”).

• On or about the date hereof, the Debtor and its affiliates have issued to the Secured Parties Secured Subordinated Promissory Notes in the aggregate original principal amount of $750,000.00 (as the same may be amended from time to time, (the “Notes”) with each Secured Party acquiring a Note for the principal amount specified opposite such Secured Party’s name on Exhibit “A”.

• This provision does not govern the assignment of the Convertible Subordinated Promissory Notes, which shall be governed solely by the provisions thereof.

• The Subordinated Promissory Notes bear interest at rates notified by the holder.

• The 2018 Related Party Note can be repaid at any time without penalty and is secured by a $5.0 million floating charge debenture over all of the Company’s assets and is subordinated to any and all claims in favor of the Credit Facility and the holder of the Subordinated Promissory Notes due September 30, 2020.

More Definitions of Subordinated Promissory Notes

Subordinated Promissory Notes shall have the meaning set forth in Section 1.2 hereof

Subordinated Promissory Notes means that certain Amended and Restated Note dated June 7, 2004 in the principal amount of $27,702,426.55, executed by the Borrower pursuant to the Securities Purchase Agreement, together with all modifications, renewals and extensions thereof or any part thereof.

Subordinated Promissory Notes means (i) each of the Subordinated Promissory Notes issued by Yoga International, LLC in April and May 2021 to such persons and in such amounts set forth on Schedule 1.1 and (ii) the Subordinated Promissory Notes issued by Yoga International, LLC on April 30, 2019 and June 18, 2019 to the person and in such amounts as set forth on Schedule 1.1.

Subordinated Promissory Notes means, collectively, the Promissory Notes executed by Quality in favor of the Subordinated Lenders in the aggregate original principal amount of $4,500,000, each dated as of August __, 1997.

Subordinated Promissory Notes means the 12% Senior Subordinated Notes due 2003 in the amount of $4,253,063.17 of ACP payable to Citicorp Venture Capital Limited dated September 1, 1995.

Subordinated Promissory Notes means the subordinated promissory notes of the Borrower payable to the order of the Lender in the principal amount stated therein, in substantially the form of Exhibit A.

Subordinated Promissory Notes means the 12% Senior Subordinated Notes due 2003 in the amount of $4,253,063.17 of Holdings, as successor to ACP, payable to Citicorp Venture Capital Limited dated September 1, 1995, or securities in the same principal amount issued in exchange therefor on the date hereof, or such other indebtedness of Holdings with the same material terms, including subordination, as such Senior Subordinated Notes or preferred stock of Holdings with terms that are not more disadvantageous to the interests of the Lenders than the terms of such Senior Subordinated Notes as determined by the Administrative Agent, in each case issued in lieu thereof.