Subsidiary Note definition

Subsidiary Note the promissory note made by Gulfstream Aerospace Corporation, a Georgia corporation and a Subsidiary of the Company, in favor of the Company and evidencing the intercompany indebtedness owed from time to time by such Subsidiary to the Company.

Subsidiary Note means any promissory note, substantially in the form of the Partnership Note, which a Subsidiary executes and delivers to Atlantic after the date hereof to evidence a Subsidiary Loan made by Atlantic to such Subsidiary.

Subsidiary Note means any promissory note, substantially in the form of the Partnership Note, which a Subsidiary executes and delivers to PTR after the date hereof to evidence a Subsidiary Loan made by PTR to such Subsidiary.

Examples of Subsidiary Note in a sentence

• The waiver and release are part of the consideration for issuance of the Notes, the Elan Note Guarantee and the Subsidiary Note Guarantees.

• As a 16 17 final comment, we note that while the scattering of measured and simulated data is expected 18 19 given the large difference between simulated (periodic) and actual (random) substrate structures, 20 21 22 the good overall agreement in terms of trends and order of magnitude is promising.

• In addition, at the election of Homestead, the subject Subsidiary shall execute a Subsidiary Note in the amount of the Loan determined by Homestead to be allocable to such Project and the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount (as Homestead may elect) shall be decreased by the amount of any such Subsidiary Note.

• The Indenture imposes certain limitations on, among other things, the ability of the Issuers, the Company, the Subsidiary Note Guarantors and certain Restricted Subsidiaries to: Incur Indebtedness, make Restricted Payments, incur Liens, make Asset Sales, designate Unrestricted Subsidiaries, enter into transactions with Affiliates, or consolidate or merge or transfer or convey all or substantially all of the Company’s and its Restricted Subsidiaries’ assets.

• In the event any Subsidiary executes a Subsidiary Note and/or any Subsidiary Security Documents as contemplated under this Section 2.4, the parties shall, contemporaneously therewith, execute, deliver, and, if appropriate, record, such amendments to the Loan Documents as may reasonably be necessary or appropriate to properly document any resulting changes in the Maximum Corporate Loan Amount and/or the Maximum Partnership Loan Amount.

More Definitions of Subsidiary Note

Subsidiary Note means a promissory note made by a Subsidiary payable to the Borrower and meeting the requirements of Section 6.2.7(e).

Subsidiary Note means that certain promissory note executed by Contico Manufacturing Limited in favor of Katy, in form and substance acceptable to Agent, as such promissory note is in effect on the Closing Date and as such promissory note may be amended from time to time thereafter to the extent permitted under subsection 7.2.19 of the Agreement.

Subsidiary Note has the meaning set forth in SECTION 2.1(D)(II) hereof.

Subsidiary Note means each and any Capital Note and Surplus Note.

Subsidiary Note means the Convertible Promissory Note, dated March 31, 2004, originally issued to Nesracorp Inc. (under its former name Interactive Nutrition, Inc.) jointly by Bio-One Corporation and INII in the principal amount of $15,000,000, as such note may be amended from time to time. Such note has since been purchased by the Company.

Subsidiary Note means the 8% Note issued by the Company’s subsidiary Song Yuan to the Company in the principal amount of U.S. $15,000,000.

Subsidiary Note means a promissory note, in the form previously accepted by the Majority Banks under the Second Amended Loan Agreement, by a Guarantor Subsidiary payable to the order of Borrower, that is at all times subordinated to the payment in full of all Senior Debt (including without limitation, all Obligations).