March Note definition

March Note means that certain Promissory Note dated as of March 29, 2023 issued by the Company in favor of the Buyer.
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March Note means that certain Promissory Note of Borrower dated March 15, 2011 in the principal amount of $100,000 payable to Investor or its assigns.
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March Note means the $250,000 Promissory Note made by Xxxxxx to Merck dated March 13, 1996.
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Examples of March Note in a sentence

  • The January Note, March Note and April Note are due upon consummation of the business combination.

  • The Company and the February Note Holders hereby consent and agree to the amendment and restatement of the Security Agreement to provide for: (1) the grant to the March Note Holders a first priority security interest in the Collateral (as defined in the Security Agreement) on a pari passu basis with the February Note Holders; and (2) the grant to the Collateral Agent the power of attorney to execute an Amended and Restated Security Agreement on their behalf.

  • The March Note is convertible into shares of ADSs at the lower of the conversion price of 90% of the average 5 day trading F-28​price preceding the redemption notice or 90% of the closing price on the day before the redemption notice.

  • The First Secured Term Loan shall be evidenced by the First Secured Term Note to be executed and delivered by Xxxxxx to Merck at the Initial Closing, appropriately completed in exchange for the funds specified in Section 2(a)(i) and the original January Note and March Note marked "paid in full".

  • The principal amount of this Note reflects and consolidates: (a) the principal amount of the March Note; (b) accrued and unpaid interest through July 31, 2023 in the amount of $8,071.21 on the March Note; (c) the principal amount of the June Note; (d) accrued and unpaid interest through July 31, 2023 in the amount of $6,673.95 on the June Note; (e) the principal amount of the August Note; and (f) accrued and unpaid interest through July 31, 2023 in the amount of $5,638.34 on the August Note.

  • For the avoidance of doubt, after giving effect to such limited waiver and consent on the Closing Date, each of the Notes shall constitute “Permitted Indebtedness” under the March Note.

  • The Buyer acknowledges that the common stock purchase warrant for 600,000 shares of common stock of the Buyer provided for under Section 3 of the March Note was never issued and in lieu thereof, the Buyer agrees to issue such warrant to the Trust, which warrant shall have an exercise price of $0.14 per share and shall expire on March 23, 2010.

  • Except as provided herein, the rights, duties and liabilities of the Sole Member will be as provided in the Act.

  • Each Note Holder hereby agrees and acknowledges that the issuance of a Replacement Note and New Warrants to such Note Holder as set forth herein shall and does fully satisfy and extinguish any and all obligations or liabilities of the Company under, or arising in connection with, such Note Holder’s March Note.

  • The Company shall have taken or caused to be taken such actions as may be necessary or desirable so that the Investors have, together with the March Note holders, a valid and perfected, first priority security interest in the Collateral, as such term is defined in the Security Agreement including, but not limited to, the intellectual property of the Company.


More Definitions of March Note

March Note means that certain Secured Convertible Promissory Note issued by Borrower to Subordinated Lender on March 5, 2015 in the original principal amount of $350,000.00.
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March Note shall have the meaning set forth in the recitals hereto.
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March Note has the meaning set forth in the first Whereas clause of this Agreement.
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Related to March Note

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Coupon Note means a Note on which no interest is payable.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Surplus Note means a promissory note executed by an Insurance Subsidiary of the type generally described in the insurance industry as a “surplus note”, the principal amount of which an insurance regulator permits the issuer to record as an addition to capital and surplus rather than as a liability in accordance with SAP.

  • Class C Note means any one of the Series 2020-1 3.02% 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.

  • Predecessor Note of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 2.06 in lieu of or in exchange for a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note that it replaces.

  • 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.

  • Acquisition Note means a promissory note made by Borrower in favor of a Lender evidencing the Lender’s Applicable Percentage of the Acquisition Loan, substantially in the form of Exhibit G.

  • Adjustment Note has the meaning given in the GST Legislation;

  • Company Note has the meaning set forth in Section 3.1 of the Sale Agreement.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • Repayment Agreement means the completed Program Application, including these Terms and Conditions signed by the Producer and an authorized representative of the Administrator.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.