Year 1 Note definition

Year 1 Note means a promissory note issued by Canadian AcqCo to Holdco at the Third Closing. The Year 1 Note will have a principal amount of no more than Twelve Million Five Hundred Thousand Dollars ($12,500,000) (such principal amount, the “Year 1 Note Principal Amount”), will not bear interest, will be secured by a subordinated security interest in the First Closing Purchased Assets and will be due and payable on January 31, 2011 (the “Year 1 Payment Date”). The Year 1 Note will provide that, on the Year 1 Payment Date, Purchasers will (i) pay to the holder of such note (by wire transfer of immediately available funds to a bank account designated no less than five (5) Business Days prior to such date) the Year 1 Payment; and (ii) if necessary, deliver to the holder of such note a number of CLNE Shares calculated pursuant to the following formula: Year 1 Principal Amount minus the Year 1 Paymentthe lower of (x) the Year 1 Price and (y) the Year 1 Midpoint Price
Sample 1Sample 2
Year 1 Note means a promissory note issued by Canadian AcqCo to Holdco at the Third Closing. The Year 1 Note will have a principal amount of no more than Twelve Million Five Hundred Thousand Dollars ($12,500,000) (such principal amount, the “Year 1 Note Principal Amount”), will not bear interest, will be secured by a subordinated security interest in the First Closing Purchased Assets and will be due and payable on January 31, 2011 (the “Year 1 Payment Date”). The Year 1 Note will provide that, on the Year 1 Payment Date, Purchasers will (i) pay to the holder of such note (by wire transfer of immediately available funds to a bank account designated no less than five (5) Business Days prior to such date) the Year 1 Payment; and (ii) if necessary, deliver to the holder of such note a number of CLNE Shares calculated pursuant to the following formula: Year 1 Principal Amount minus the Year 1 Payment the lower of (x) the Year 1 Price and (y) the Year 1 Midpoint Price
Sample 1

Examples of Year 1 Note in a sentence

  • ParticularsLatest Year 1 Note: The Applicant shall fill this table based on the audited financial statements, which statements shall be submitted by the Applicants with their EOIs duly translated in English language from a certified translator.FORM – 4: LITIGATION HISTORYApplicants, including each of the members of an Applicant Consortium, shall provide information on any history of litigation or arbitration resulting from contracts executed in the last five years or currently under execution.

  • PROPERTY AND CLT FUNCTIONS Year 1 Note: Some of the costs shown will be incurred in the period leading up to the Company being formed.

  • Table 2 – “Project Spending Plan” provides an example.Table 2 – Project Spending Plan Monthly Spending Plan (Year 1) Note: Create one spend plan for each year during the project period (actual starting month may be different than in the example).

  • Our goal was to oversample hospitals that were more likely to take actions to respond to the CJR model while ensuring representation of “average” or “typical” hospitals.Exhibit C-3: Information used to Select Hospitals for Site Visits in Year 1 Note: ACH = acute care hospital, DSH = disproportionate share hospital, HCC = hierarchical condition category,HHI = Herfindahl-Hirschman index, LEJR = lower extremity joint replacement, MSA = metropolitan statistical area, PAC = post-acute care.

  • Appendix A MA and AuD Program RequirementsCurriculum for AuD in Audiology Revised October 2008 Year 1 (Note: Courses Subject to Change)Coursework in the first year of the program is heavily weighted toward basic science and introductory clinical courses.

  • If Yes, Precandidate Status, students would be enrolled during fall term, Year 1 (Note: if program matriculates students before receiving Precandidate Status, ACPE would not consider granting accreditation status until AFTER the program has produced graduates (who likely would NOT be eligible for state licensure—this per previous ACPE policy.

  • Table 2Within Panchayats Controlled by the AITC, NREGA Allocations are Higher in Villages That Have Given More Support to the AITC in the Past Dry Season Full Year (1) Note: The table shows estimates of Equation 2.

  • Table 1: Active Grievance Numbers - January 1, 2006 to June 30, 2012 Year 1 Note: Step 1 is intended as a less formal review of issues/problems thus this step level activity is not recorded information.Active Grievances by Step The 2,778 active grievances as at June 30, 2012, by grievance step level and regardless of union affiliation, are graphically presented in Table 2 below.

  • ParticularsLatest Year 1 Note: The Applicant shall fill this table based on the audited financial statements, which statements shall be submitted by the Applicants with their EOIs duly translated in English language from a certified translator.FORM – 4: LITIGATION HISTORY Applicants, including each of the members of an Applicant Consortium, shall provide information on any history of litigation or arbitration resulting from contracts executed in the last five years or currently under execution.

  • A company is considering a project involving the outlay of £300 000 which it estimates will generate cash flows over its 2-year life at the probabilities shown in the following table: Cash flows for project Year 1 Note: All cash flows should be treated as being received at the end of the year.It has a choice of undertaking this project at either of two sites (A or B) whose costs are identical and are included in the above outlay.

Related to Year 1 Note

  • Class A-2 Note means any of the 0.51% Asset Backed Notes, Class A-2, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • RMB Note means a Note denominated in Renminbi.

  • Term A Note means a promissory note made by the Borrower in favor of a Term A Lender evidencing Term A Loans made by such Term A Lender, substantially in the form of Exhibit B-1.

  • Class A-4 Note means any of the [____]% Asset Backed Notes, Class [A-4], issued under the Indenture substantially in the form attached thereto as Exhibit A.

  • Class A-3 Note means any of the 1.34% Asset Backed Notes, Class A-3, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class C Note means any one of the Series 2015-1 3.96% 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.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Class C Note Rate means 3.48% per annum.

  • Class A-4 Final Scheduled Payment Date means July 15, 2031.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.