Parent Note definition

Parent Note means that certain Subordinated Intercompany Note dated as of January 15, 2008 in the original principal amount of $105,182,577.91 made by the Borrower in favor of Holdings.

Parent Note. The promissory note made or to be made by Parent to Borrower in a principal amount not to exceed $5,000,000, in connection with Parent’s capitalization of Borrower.

Parent Note means each promissory note, in the form of Exhibit K, evidencing the intercompany loans, other loans and advances made by Parent in accordance with Section 9.05(xvii).

Examples of Parent Note in a sentence

• The Company will furnish to any Holder of a Parent Note upon written request and without charge a copy of the Indenture.

• The Agent and the Lenders hereby waive during the Waiver Period any Event of Default that would arise under Section 8.9 of the Loan Agreement as a result of a breach by (a) the Parent of Section 6.01 of the Parent Note Indenture and (b) Iron Age of Section 6.01 of the Iron Age Note Indenture, in each case, by reason of the failure by such Person to make the interest payment due under such Indenture Document on November 1, 2003 (the "Additional Limited Waiver").

• All payments under this Article VI and under the Parent Note shall be made without setoff or counterclaim and in such amounts as may be necessary in order that all such payments shall not be less than the amounts otherwise specified to be paid under this Agreement and the Parent Note.

• Each Holder, by accepting a Parent Note, agrees to be bound by all of the terms and provisions of the Indenture, as the same may be amended from time to time.

• The amount payable shall consist of cash and a Parent Note, and the amount of cash and the principal amount of the Parent Note shall be in the same relative proportions as the Cash Consideration Per Share and the principal amount of the Note Consideration Per Share.

More Definitions of Parent Note

Parent Note. As defined in Section 6.2 of the Sale Agreement. PBGC: The Pension Benefit Guaranty Corporation.

Parent Note shall have the meaning ascribed thereto in Section 3.1(b).

Parent Note has the meaning set forth in Section 1.2.

Parent Note means a promissory note of Parent substantially in the form attached as Exhibit E hereto.

Parent Note means the promissory note dated as of the date hereof, executed and delivered by Funding Corp. to the Parent pursuant to the Funding Purchase Agreement, as such promissory note may be amended, supplemented, restated, modified or extended from time to time, and any promissory note or notes issued in exchange or replacement therefor.

Parent Note. As defined in the Receivables Purchase Agreement.

Parent Note means any promissory note or other evidence of Indebtedness for borrowed money issued by Parent and convertible into Parent Common Stock.