Note Receivable. A promissory note executed in favor of Borrower in connection with a Purchaser's acquisition of an Interval.
Note Receivable. A promissory note that is now or hereafter made and executed by an Applicable Underlying Borrower to the order of Borrower, evidences an Applicable Underlying Loan, and may be secured in part by an Applicable Mortgage.
Note Receivable. Allow the Intercompany Note Receivable to be less than $240 million plus accrued and unpaid dividends on the Preferred Stock.
Note Receivable a. Subject to receipt of the consent of the NGAS Lender Group (the “Lender Consent”), which NGAS shall use commercially reasonable efforts to obtain, but at no cost or expense to NGAS, NPC shall defer all payments of principal and interest due under the Note with respect to the period between January 1, 2011 through the earlier of the (i) Closing Date or (ii) Termination Event (as defined in Section 10 herein) (the “Deferral Period”) (such deferred principal and interest being referred to herein as the “Deferred Amount”). In the event the Lender Consent is not obtained prior to Closing, then within one (1) business day following the Closing Date, NPC shall reimburse SES, by wire transfer of immediately available funds, for all amounts paid by SES under the Note during the Deferral Period. At and subject to the occurrence of Closing, NPC shall cancel, and forgive any and all outstanding amounts under, the Note.
Note Receivable. “SBA Standard Operating Procedures and Official Notices” means Public Law 85-536, as amended; those Rules and Regulations, as defined in 13 CFR Part 120, “Business Loans” and 13 CFR Part 121, “Size Standards”; Standard Operating Procedures, (SOP) 50-10 for loan processing, 50-50 for loan servicing and 50-51 for loan liquidation as may be published and or amended from time to time by the SBA. “SBA Reduced Guaranty Ineligible Amount” means as of any date of determination with respect to any SBA Reduced Guaranty Receivable, the difference between (a) the product of (i) the amount of such SBA Reduced Guaranty Receivable times (ii) the applicable percentage of the SBA guarantee relating to such SBA Reduced Guaranty Receivable on the date Lenders shall have made the Financed Guaranteed Loan as to such SBA Reduced Guaranty Receivable, less (b) the product of (i) the amount of such SBA Reduced Guaranty Receivable times (ii) the applicable reduced percentage of the SBA guarantee relating to such SBA Reduced Guaranty Receivable on the applicable date of determination. “SBA Reduced Guaranty Receivable” means each SBA 7(a) Note Receivable relating to a Financed SBA 7(a) Loan as to which the applicable percentage or dollar amount of the SBA guarantee relating thereto at any time or from time to time shall have been reduced below the applicable percentage or dollar amount on the date Lenders shall have made the Financed Guaranteed Loan as to such SBA 7(a)
Note Receivable. Effective January 1, 1996, the Company assigned its leases on its Canton facility and equipment to another biotechnology company. Under the terms of the agreements, the assignee has assumed all payment obligations under the leases, which amount to approximately $116,000 per month and will make cash payments to the Company at various dates through July 1999 which will total approximately $2.4 million. Approximately $1,116,000 of the $2.4 million total had been received through June 30, 1998. Amounts due the Company from the assignee under these agreements were discounted to their present value using a risk-adjusted discount rate of approximately 9%. The Company is accreting interest income over the life of the note and, accordingly, the note receivable balance in the Company's consolidated balance sheets as of June 30, 1998 reflects the discounted present value of $1,129,000 plus accreted interest of approximately $104,000.
Note Receivable. 16 1.67 Obligations .................................................. 16 1.68
Note Receivable. Any Mortgage Note Receivable, or other note, instrument or other agreement evidencing a payment obligation to Borrower made by a Person that is not a Wholly-Owned Subsidiary of Borrower. Notes. Collectively, the Revolving Credit Notes and the Swing Loan Note.
Note Receivable. Palisades shall have delivered to Agent evidence reasonably acceptable to Agent that the promissory note dated on or about December 31, 2003, made by Unifund and payable to Palisades in the original principal amount of $2,138,553.66 (the "Note Receivable") bears the following written indication: "This promissory note has been assigned as collateral to ISRAEL DISCOUNT BANK OF NEW YORK, a New York banking corporation, as Agent,". Palisades shall have instructed Unifund in writing (with a copy thereof to Agent) that all payments to be made under the Note Receivable must be made to the Blocked Account established by Palisades with Agent. Palisades shall have assigned to Agent (in a commercially reasonably manner) any Lien or security interest granted to Palisades to secure payment of the Note Receivable.
Note Receivable. 12 1.69 Oak N' Spruce Resort............................................................. 12 1.70 Obligations...................................................................... 12 1.71
