Secured Promissory Note definition

Secured Promissory Note is defined in Section 2.4.

Secured Promissory Note has the meaning given it in Section 2.7.

Secured Promissory Note means this Secured Promissory Note and each other secured promissory note issued by the Company as of the date hereof.

Examples of Secured Promissory Note in a sentence

• Upon receipt of an affidavit of an officer of a Lender as to the loss, theft, destruction, or mutilation of its Secured Promissory Note with a customary indemnification with respect such lost, stolen, destroyed or mutilated Secured Promissory Note, Borrower shall issue, in lieu thereof, a replacement Secured Promissory Note in the same principal amount thereof and of like tenor.

• Notwithstanding anything contained herein to the contrary, the Second Amendment Cash Payment shall at all times be wholly subordinate and junior in the right of payment to all obligations described in the Senior Secured Promissory Note dated March 29, 2023 entered by and between the Parent and Partner Colorado Credit Union, a Colorado not for profit credit union.

• Maker promises to pay to Holder the principal sum of US$153,000,000, together with interest on the unpaid principal balance of this Secured Promissory Note (“Note”), until such principal and interest are paid in full as hereinafter provided.

• A.The Lender made or agreed to make (as applicable) certain loans to the Borrower pursuant to that certain Secured Promissory Note, dated as of the date hereof (as amended, modified, supplemented or restated from time to time, the “Note”), by and between the Borrower and the Lender.

• The Term Loans shall be evidenced by a Secured Promissory Note or Notes in the form attached as Exhibit D hereto (or in the case of the Original Term A Loan, an Amended and Restated Promissory Note; each a “Secured Promissory Note”), and shall be repayable as set forth in this Agreement.

More Definitions of Secured Promissory Note

Secured Promissory Note means the secured promissory note delivered by Purchaser to Seller in respect of the Purchase Price, substantially in the form of Exhibit D hereto, to be delivered at Closing.

Secured Promissory Note has the meaning set forth in Section 1.1(b)(ii).

Secured Promissory Note means the Note and Security Agreement in the original principal amount of $2,500,000 issuable by Parent and the Company at Closing to Seller Representative, as nominee for, and for the benefit of, the Stockholders, substantially in the form of the Secured Promissory Note attached hereto as Exhibit G.”

Secured Promissory Note and “Secured Promissory Notes” as defined in the recitals hereto.

Secured Promissory Note means that certain secured promissory note made by Buyer in favor of Seller in the form attached hereto as Exhibit E, the terms and conditions of which are incorporated herein by reference.

Secured Promissory Note means the loan note created by the Sellers and the Buyer dated 16 June 2016 to give effect to the Buyer Notes referred to in the Original Agreement.

Secured Promissory Note shall have the meaning set forth in the recitals to this Agreement.