Tranche 4 Notes definition

Tranche 4 Notes means the floating rate notes due 2026 in an aggregate principal amount of $5,750,000 issued by Issuer 2 on the Tranche 4 Issue Date.

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Tranche 4 Notes means the first priority senior secured convertible notes issued on the Tranche 4 Funding Date by the Borrowers to the Purchasers in the aggregate amount of the Tranche 4 Advance, in substantially the form attached hereto as Exhibit A, as amended, modified, supplemented or restated from time to time, together with all notes issued in substitution or exchange therefor.

Tranche 4 Notes means notes required to be issued upon election of the holder(s) of the H▇▇▇▇▇ Warrant, in an aggregate principal amount of up to $30,000,000, and having the same terms and conditions as the other Notes, except for the issue date (from which interest shall commence to accrue) and except that the Conversion Price for converting the Principal Amount of the Tranche 4 Notes (i.e., the Principal Amount of such Note excluding the conversion price for Interest accruing after the Fourth Restatement Date and payble in kind as described in the Note) shall be set at $0.24. The Tranche 4 Notes shall be Notes for all purposes hereunder upon issuance, including the definition of “Obligations” and Section 11.1 (Consent to Amendments; Waivers), and it shall be a condition to the issuance of the Tranche 4 Notes that each person to whom Tranche 4 Notes are required to be issued pursuant to the H▇▇▇▇▇ Warrant shall have signed a Tranche 4 Joinder (if not already party hereto).

Examples of Tranche 4 Notes in a sentence

Notwithstanding anything to the contrary contained in the Facility Agreement (including Section 2.3 thereof) or the Notes, but subject to Article VI of this Agreement, the $10,000,000 in principal amount of the Tranche 4 Notes (“October 2017 Tranche 4 Principal Payment”) due and payable on October 31, 2017 shall be deferred to, and be due and payable on, January 15, 2018.
Effective as of the date hereof, each of the outstanding Amended and Restated Notes, Tranche 4 Notes and Tranche B Notes is hereby amended and restated to give effect to the amendments contained in the form of amended and restated Notes attached hereto as Exhibit A.
Until paid, the Tranche 4 Notes Principal Payment shall bear interest as provided in the Facility Agreement.
Notwithstanding anything to the contrary contained in the Facility Agreement (including Section 2.3 thereof) or the Notes, the $4,407,250.50 in remaining principal amount of the Tranche 4 Notes (the “October 2017 Tranche 4 Principal Payment”) that, prior to the Fourth Amendment was due and payable on October 31, 2017 and, pursuant to the Fourth Amendment, was deferred to January 15, 2018 shall be further deferred to, and shall be due and payable on, January 19, 2018.
Notwithstanding anything contained in Section 2.3 of the Facility Agreement to the contrary, $10,000,000 in principal amount of the Tranche 4 Notes (“Tranche 4 Notes Principal Payment”) due and payable on July 18, 2017 shall be deferred to and due and payable on August 31, 2017, subject to further deferral as set forth below.
The Purchaser will thereafter surrender the Tranche 4 Notes to the Borrower for cancellation.
Upon consummation of the Repayment and the Exchange (including delivery of all of the Exchange Shares to the Purchasers in accordance herewith), the Tranche 4 Notes will have been repaid in full, will be deemed cancelled and will be of no further force or effect.
The Borrower shall be obligated to deliver Note Purchase Requests for the Tranche 2 Notes, the Tranche 3 Notes and the Tranche 4 Notes at the earlier to occur of the satisfaction of the conditions set forth for the applicable tranche of Notes in Section 4.1 or the waiver by the Purchasers of such conditions; provided that the Borrower may not deliver a Note Purchase Request after December 30, 2014.

More Definitions of Tranche 4 Notes

Tranche 4 Notes a Tranche 4 Domestic Borrowing Note and/or a Tranche 4 Foreign Borrowing Note.

Tranche 4 Notes means Notes in a principal amount of $40,000,000.

Tranche 4 Notes means the £27,369,510 Senior Secured Deferrable Floating Rate Notes due 2019 issued on 10 October 2013.

Tranche 4 Notes means notes required to be issued upon election of the holder(s) of the Hankey Warrant, in an aggregate principal amount of up to $30,000,000, and having the same terms and conditions as the other Notes, except for the issue date (from which interest shall commence to accrue) and except that the Conversion Price for converting the Principal Amount of the Tranche 4 Notes (i.e., the Principal Amount of such Note excluding the conversion price for Interest accruing after the Fourth Restatement Date and payble in kind as described in the Note) shall be set at $0.24. The Tranche 4 Notes shall be Notes for all purposes hereunder upon issuance, including the definition of “Obligations” and Section 11.1 (Consent to Amendments; Waivers), and it shall be a condition to the issuance of the Tranche 4 Notes that each person to whom Tranche 4 Notes are required to be issued pursuant to the Hankey Warrant shall have signed a Tranche 4 Joinder (if not already party hereto).

Tranche 4 Notes means notes required to be issued upon election of the holder(s) of the Hankey Warrant, in an aggregate principal amount of up to