Contingent Notes definition

Contingent Notes means the contingent promissory notes constituting Subordinated Indebtedness issued to the Sellers in connection with a Permitted Acquisition made hereunder or under this Agreement prior to its amendment and restatement on the Initial Closing Date.

Contingent Notes means the Company's Senior Subordinated Contingent Notes due 2009.

Contingent Notes is defined in the recitals to this Agreement.

Examples of Contingent Notes in a sentence

• The Board of Directors of the Purchaser has duly authorized the execution, delivery and performance of this Agreement, the Contingent Notes and the other agreements and transactions contemplated hereby, and no other corporate proceedings on its part are necessary to authorize this Agreement and the transactions contemplated hereby.

• Upon execution and delivery of this Agreement by the parties hereto this Agreement shall, and upon issuance of the Contingent Notes in accordance with the provisions hereof the Contingent Notes shall, constitute legal, valid and binding obligations of the Purchaser, enforceable against the Purchaser in accordance with their respective terms.

• The Contingent Notes shall be non-transferable and non-negotiable other than by will or the laws of intestate succession.

• Each party hereto agrees as follows for the benefit of each other party and for the equal and ratable benefit of the Holders of the Company's Senior Subordinated Contingent Notes due 2009.

• The obligations secured by this Security Agreement (the “Obligations”) shall mean and include all obligations of Borrower as provided in (i) the Subordinated Contingent Notes, (ii) the Stock Purchase Agreement, and (iii) all of the other Related Agreements (as such term is defined in the Stock Purchase Agreement).

More Definitions of Contingent Notes

Contingent Notes means those certain 8% Non-Negotiable Subordinated Contingent Notes in the original aggregate principal amount of $2,500,000 issued pursuant to the Purchase Agreement.

Contingent Notes means the unsecured contingent notes issued by the Borrower and certain of the Subsidiaries in connection with acquisitions prior to the Closing Date and any earn-out obligations incurred prior to the Closing Date which are similar in nature thereto but which are not represented by actual notes, all of which are set forth on Schedule 1.01(b).

Contingent Notes means the Contingent Payment Notes due on the Maturity Date issued pursuant to the Contingent Note Indenture;

Contingent Notes means JPS Capital's Contingent Payment Notes due on the Maturity Date (as defined in the Contingent Note Indenture), governed by the terms of the Contingent Note Indenture, in the aggregate initial principal amount of $34,000,000, subject to adjustment pursuant to the Contingent Note Indenture.

Contingent Notes means the Senior Subordinated Contingent Notes due 2009 of JCC issued pursuant to the Plan of Reorganization.

Contingent Notes means (a) the 7% subordinated contingent promissory notes issued by the Company pursuant to the Acquisition Agreement relating to the Derrxxx Xxxuisition dated as of the closing of the Derrxxx Xxxuisition, (b) the 8% Non-Negotiable Subordinated Contingent Notes issued pursuant to the Asset Purchase Agreement of the Company's predecessor dated as of January 1, 1994 and (c) contingent promissory notes issued to the Sellers in connection with a Permitted Acquisition constituting Subordinated Indebtedness.

Contingent Notes has the meaning set forth in Article 2(d) below.