Affiliate Note means any Note initially issued by the Company to any Holder that, at the time of the acquisition by such Holder of such Note, is an Affiliate of the Company.
Affiliate Note means each Physical Note, if any, originally issued hereunder to, and initially registered in the name of, an Affiliate of the Company, and each Note issued in exchange of, or in substitution for, the foregoing Notes; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, that such Note ceases to be a Transfer-Restricted Security. The Trustee shall have no obligation to determine or verify whether a Note is an Affiliate Note.
Affiliate Note means each Physical Note, if any, originally issued under this Indenture to, and initially registered in the name of, an Affiliate of the Company, and any Notes issued in exchange therefor or in substitution thereof; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, when such Note ceases to be a Transfer-Restricted Security. The Trustee is under no obligation to determine whether any Note is an Affiliate Note and may conclusively rely on an Officer’s Certificate with respect thereto.
Examples of Affiliate Note in a sentence
Accordingly, the ABI did not give the Investor the right to demand payment under the Affiliate Note.
This secured interest gave National Note the right to foreclose on the underlying real property if the Affiliate defaulted on the Affiliate Note.
National Note did not assign its interest in the Affiliate Note to the investors.
Accordingly, there was no contract pursuant to which the Affiliate was obligated to pay the Affiliate Note payments to the investors instead of National Note.
If, however, the Affiliate never defaulted and the Affiliate Note was paid, the Affiliate Trust Deed was cancelled and the secured interest disappeared.
More Definitions of Affiliate Note
Affiliate Note means any Note, which shall initially be a Physical Note, issued under this Indenture to, and initially registered in the name of, an Affiliate of the Company, and any Notes issued in exchange therefor or in substitution thereof; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, when such Note ceases to be a Transfer-Restricted Security. For the avoidance of doubt, each Affiliate Note shall be deemed to be a Transfer-Restricted Security until such time until it ceases to be so in accordance with such definition. Neither the Trustee nor the Collateral Agent is under any obligation to determine or inquire whether any Note is an Affiliate Note and may conclusively rely on an Officer’s Certificate with respect thereto.
Affiliate Note means each Note beneficially owned by an Affiliate of the Company, and any Notes issued in exchange therefor or in substitution thereof, which, if in the form of a Global Note, will be identified by a separate CUSIP number from Notes that are not Affiliate Notes; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, when such Note ceases to be a Transfer-Restricted Security. The Trustee is under no obligation to determine whether any Note is an Affiliate Note and may conclusively rely on an Officer’s Certificate with respect thereto.
Affiliate Note shall have the meaning assigned to such term in subsection 4.2(c).
Affiliate Note means each Ares Note; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, that such Note (A) ceases to be “beneficially owned” (within the meaning of Rule 13d-3 under the Exchange Act) by a Person that is an Affiliate of the Company; or (B) ceases to be a Physical Note. The Trustee will have no obligation to determine or verify whether a Note is an Affiliate Note.
Affiliate Note means each Physical Note, if any, issued to, and registered in the name of, any Affiliate of the Company and each Note issued in exchange of, or in substitution for, such Physical Note; provided, however, that a Note that is an Affiliate Note will cease to be an Affiliate Note at such time, if any, that (a) either (i) such Note is eligible for resale pursuant to Rule 144 without any limitations thereunder as to volume, manner of sale, availability of current public information or notice; (ii) such Note is sold or otherwise transferred pursuant to a registration statement that was effective under the Securities Act at the time of such sale or transfer; (iii) such Note is sold or otherwise transferred pursuant to an available exemption (including Rule 144) from the registration and prospectus-delivery requirements of, or in a transaction not subject to, the Securities Act and, immediately after such sale or transfer, such Note ceases to constitute a “restricted security” (as defined in Rule 144); and (b) the Company has received such certificates or other documentation or evidence as the Company may reasonably require in order to establish that (x) the Holder or beneficial owner of such Note is not, and was not at any time during the preceding three (3) months, an Affiliate of the Company; and (y) at least one of the conditions set forth in clause (a) above has been satisfied. For the avoidance of doubt, a PIK Note will be deemed to be an Affiliate Note if such PIK Note is issued in respect of PIK Interest on any Affiliate Note. The Trustee will have no obligation to determine or verify whether a Note is an Affiliate Note.
Affiliate Note means any Note acquired by any Affiliated Entity.