{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "promissory-note", "type": "clause", "offset": [2, 17]}, {"key": "in-favor-of", "type": "clause", "offset": [27, 38]}, {"key": "in-connection-with", "type": "clause", "offset": [48, 66]}], "snippet": "A promissory note executed in favor of Borrower in connection with a Purchaser's acquisition of an Interval.", "samples": [{"hash": "lqfIS9hgiV9", "uri": "/contracts/lqfIS9hgiV9#note-receivable", "label": "Loan and Security Agreement (Silverleaf Resorts Inc)", "score": 22.2073921971, "published": true}, {"hash": "ln2OIJbYDgj", "uri": "/contracts/ln2OIJbYDgj#note-receivable", "label": "Loan and Security Agreement (Silverleaf Resorts Inc)", "score": 18.0, "published": true}, {"hash": "k9Z1tN57HxM", "uri": "/contracts/k9Z1tN57HxM#note-receivable", "label": "Loan and Security Agreement (Mego Financial Corp)", "score": 18.0, "published": true}], "size": 10, "hash": "0f19aa9bdab0c3f0c54804d5cd928588", "id": 1}, {"snippet_links": [{"key": "promissory-note", "type": "clause", "offset": [2, 17]}, {"key": "executed-by", "type": "clause", "offset": [52, 63]}, {"key": "underlying-borrower", "type": "definition", "offset": [78, 97]}, {"key": "order-of", "type": "clause", "offset": [105, 113]}, {"key": "underlying-loan", "type": "clause", "offset": [148, 163]}, {"key": "applicable-mortgage", "type": "definition", "offset": [198, 217]}], "snippet": "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.", "samples": [{"hash": "huvu7Cu2kW5", "uri": "/contracts/huvu7Cu2kW5#note-receivable", "label": "Loan and Security Agreement (Equivest Finance Inc)", "score": 18.0, "published": true}, {"hash": "apmlFGo2D1v", "uri": "/contracts/apmlFGo2D1v#note-receivable", "label": "Loan and Security Agreement (Equivest Finance Inc)", "score": 18.0, "published": true}], "size": 5, "hash": "5c0f779b31339282e295c4322b981396", "id": 2}, {"snippet_links": [{"key": "intercompany-note", "type": "clause", "offset": [10, 27]}, {"key": "net-amount", "type": "definition", "offset": [57, 67]}, {"key": "accrued-and-unpaid-dividends", "type": "clause", "offset": [89, 117]}, {"key": "series-a-preferred-stock", "type": "clause", "offset": [125, 149]}], "snippet": "Allow the Intercompany Note Receivable to be less than a net amount of $240 million plus accrued and unpaid dividends on the Series A Preferred Stock.", "samples": [{"hash": "dRwRXd3a1Q3", "uri": "/contracts/dRwRXd3a1Q3#note-receivable", "label": "Option Agreement (Enron Corp/Or/)", "score": 18.0, "published": true}, {"hash": "ZWIlJSPZzA", "uri": "/contracts/ZWIlJSPZzA#note-receivable", "label": "Option Agreement (Dynegy Inc /Il/)", "score": 18.0, "published": true}], "size": 4, "hash": "e005f67cd2164c43f6c0ae35746462a3", "id": 3}, {"snippet_links": [{"key": "sba-standard-operating-procedures-and-official-notices", "type": "definition", "offset": [1, 55]}, {"key": "public-law", "type": "clause", "offset": [63, 73]}, {"key": "as-amended", "type": "definition", "offset": [82, 92]}, {"key": "rules-and-regulations", "type": "definition", "offset": [100, 121]}, {"key": "cfr-part", "type": "clause", "offset": [140, 148]}, {"key": "business-loans", "type": "clause", "offset": [155, 169]}, {"key": "loan-processing", "type": "clause", "offset": [257, 272]}, {"key": "loan-servicing", "type": "definition", "offset": [284, 298]}, {"key": "from-time-to-time", "type": "clause", "offset": [365, 382]}, {"key": "sba-reduced-guaranty-ineligible-amount", "type": "definition", "offset": [396, 434]}, {"key": "with-respect-to", "type": "clause", "offset": [474, 489]}, {"key": "sba-reduced-guaranty-receivable", "type": "definition", "offset": [494, 525]}, {"key": "the-product", "type": "clause", "offset": [554, 565]}, {"key": "applicable-percentage", "type": "definition", "offset": [639, 660]}, {"key": "relating-to", "type": "definition", "offset": [682, 693]}, {"key": "guaranteed-loan", "type": "definition", "offset": [780, 795]}, {"key": "applicable-date-of-determination", "type": "definition", "offset": [1041, 1073]}], "snippet": "\u201cSBA Standard Operating Procedures and Official Notices\u201d means Public Law 85-536, as amended; those Rules and Regulations, as defined in 13 CFR Part 120, \u201cBusiness Loans\u201d and 13 CFR Part 121, \u201cSize Standards\u201d; 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. \u201cSBA Reduced Guaranty Ineligible Amount\u201d 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. \u201cSBA Reduced Guaranty Receivable\u201d means each SBA 7", "samples": [{"hash": "3u8DjfXYukL", "uri": "/contracts/3u8DjfXYukL#note-receivable", "label": "Loan Agreement (Newtek Business Services Corp.)", "score": 29.3572895277, "published": true}, {"hash": "4le7RwmgnwS", "uri": "/contracts/4le7RwmgnwS#note-receivable", "label": "Loan and Security Agreement (Newtek Business Services Corp.)", "score": 26.370294319, "published": true}], "size": 2, "hash": "ea83ddbd248cea398b72f3ed8701597d", "id": 4}, {"snippet_links": [{"key": "receipt-of", "type": "clause", "offset": [14, 24]}, {"key": "consent-of-the", "type": "clause", "offset": [29, 43]}, {"key": "lender-group", "type": "definition", "offset": [49, 61]}, {"key": "lender-consent", "type": "clause", "offset": [68, 82]}, {"key": "efforts-to-obtain", "type": "clause", "offset": [131, 148]}, {"key": "at-no-cost", "type": "definition", "offset": [154, 164]}, {"key": "interest-due", "type": "definition", "offset": [231, 243]}, {"key": "the-note", "type": "clause", "offset": [250, 258]}, {"key": "with-respect-to", "type": "clause", "offset": [259, 274]}, {"key": "the-period", "type": "clause", "offset": [275, 285]}, {"key": "termination-event", "type": "definition", "offset": [362, 379]}, {"key": "section-10", "type": "definition", "offset": [395, 405]}, {"key": "deferred-amount", "type": "definition", "offset": [509, 524]}, {"key": "the-lender", "type": "clause", "offset": [541, 551]}, {"key": "prior-to-closing", "type": "clause", "offset": [576, 592]}, {"key": "following-the-closing-date", "type": "clause", "offset": [627, 653]}, {"key": "transfer-of", "type": "definition", "offset": [688, 699]}, {"key": "immediately-available-funds", "type": "clause", "offset": [700, 727]}, {"key": "during-the-deferral-period", "type": "clause", "offset": [772, 798]}, {"key": "subject-to-the", "type": "definition", "offset": [807, 821]}, {"key": "occurrence-of-closing", "type": "clause", "offset": [822, 843]}, {"key": "outstanding-amounts", "type": "definition", "offset": [887, 906]}, {"key": "a-termination", "type": "definition", "offset": [930, 943]}, {"key": "days-after", "type": "definition", "offset": [1090, 1100]}], "snippet": "a. Subject to receipt of the consent of the NGAS Lender Group (the \u201cLender Consent\u201d), 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 \u201cDeferral Period\u201d) (such deferred principal and interest being referred to herein as the \u201cDeferred Amount\u201d). 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.\nb. If a Termination Event occurs, then the entire Deferred Amount shall be paid by SES to NPC by wire transfer of immediately available funds within two (2) business days after such event.", "samples": [{"hash": "i1o82hIj6hF", "uri": "/contracts/i1o82hIj6hF#note-receivable", "label": "Omnibus Agreement (Magnum Hunter Resources Corp)", "score": 22.2019164956, "published": true}, {"hash": "7EzHOWXb4K2", "uri": "/contracts/7EzHOWXb4K2#note-receivable", "label": "Omnibus Agreement (NGAS Resources Inc)", "score": 22.2019164956, "published": true}], "size": 2, "hash": "1d3f71194ec01d453a7d649f576d5dbc", "id": 5}, {"snippet_links": [{"key": "effective-january", "type": "clause", "offset": [0, 17]}, {"key": "its-leases", "type": "definition", "offset": [48, 58]}, {"key": "facility-and-equipment", "type": "clause", "offset": [73, 95]}, {"key": "biotechnology-company", "type": "definition", "offset": [107, 128]}, {"key": "terms-of-the-agreements", "type": "clause", "offset": [140, 163]}, {"key": "the-assignee", "type": "clause", "offset": [165, 177]}, {"key": "the-leases", "type": "clause", "offset": [220, 230]}, {"key": "per-month", "type": "clause", "offset": [271, 280]}, {"key": "payments-to-the-company", "type": "clause", "offset": [300, 323]}, {"key": "amounts-due", "type": "definition", "offset": [496, 507]}, {"key": "rate-of", "type": "clause", "offset": [631, 638]}, {"key": "interest-income", "type": "definition", "offset": [682, 697]}, {"key": "the-note", "type": "clause", "offset": [715, 723]}, {"key": "receivable-balance", "type": "clause", "offset": [751, 769]}, {"key": "consolidated-balance-sheets", "type": "definition", "offset": [787, 814]}, {"key": "discounted-present-value", "type": "definition", "offset": [848, 872]}, {"key": "accreted-interest", "type": "definition", "offset": [892, 909]}], "snippet": "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.", "samples": [{"hash": "dsEAWkC0sc1", "uri": "/contracts/dsEAWkC0sc1#note-receivable", "label": "Annual Report", "score": 25.1752224504, "published": true}], "size": 1, "hash": "fdb78244e48ca7e67de83ca434d6c68b", "id": 6}, {"snippet_links": [], "snippet": "16 1.67 Obligations .................................................. 16 1.68", "samples": [{"hash": "huvu7Cu2kW5", "uri": "/contracts/huvu7Cu2kW5#note-receivable", "label": "Loan and Security Agreement (Equivest Finance Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "c8ee47e51fe5ec52a45f85267bc1398c", "id": 7}, {"snippet_links": [{"key": "oak-n", "type": "definition", "offset": [8, 13]}], "snippet": "12 1.69 Oak N' Spruce Resort............................................................. 12 1.70 Obligations...................................................................... 12 1.71", "samples": [{"hash": "g61xP60Kxwk", "uri": "/contracts/g61xP60Kxwk#note-receivable", "label": "Receivables Loan and Security Agreement (Silverleaf Resorts Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "c945547aeb10cfb1fc772dec0c1519a7", "id": 8}, {"snippet_links": [{"key": "promissory-note", "type": "clause", "offset": [2, 17]}, {"key": "executed-by", "type": "clause", "offset": [18, 29]}, {"key": "in-favor-of", "type": "clause", "offset": [42, 53]}, {"key": "in-connection-with", "type": "clause", "offset": [63, 81]}, {"key": "permitted-exceptions", "type": "clause", "offset": [122, 142]}, {"key": "exceptions-to-title", "type": "clause", "offset": [148, 167]}, {"key": "natural-persons", "type": "clause", "offset": [197, 212]}, {"key": "limited-partnerships", "type": "definition", "offset": [228, 248]}, {"key": "joint-ventures", "type": "definition", "offset": [295, 309]}, {"key": "trust-companies", "type": "definition", "offset": [351, 366]}, {"key": "land-trusts", "type": "definition", "offset": [368, 379]}, {"key": "business-trusts", "type": "clause", "offset": [381, 396]}, {"key": "other-organizations", "type": "definition", "offset": [400, 419]}, {"key": "legal-entities", "type": "clause", "offset": [436, 450]}, {"key": "political-subdivisions", "type": "definition", "offset": [485, 507]}], "snippet": "A promissory note executed by a Purchaser in favor of Borrower in connection with Purchaser's acquisition of an Interval. PERMITTED EXCEPTIONS. The exceptions to title listed on EXHIBIT A. PERSON. Natural persons, corporations, limited partnerships, general partnerships, joint stock companies, joint ventures, associations, companies, trusts, banks, trust companies, land trusts, business trusts or other organizations, whether or not legal entities, and governments and agencies and political subdivisions thereof.", "samples": [{"hash": "4qhpuNRVclI", "uri": "/contracts/4qhpuNRVclI#note-receivable", "label": "Acquisition and Renovation Loan Agreement (Mego Financial Corp)", "score": 18.0, "published": true}], "size": 1, "hash": "e63a8dae3f2182ae3722e751fd5fa2df", "id": 9}, {"snippet_links": [{"key": "interval-interest", "type": "definition", "offset": [3, 20]}, {"key": "promissory-note", "type": "clause", "offset": [21, 36]}, {"key": "security-for-a-loan", "type": "clause", "offset": [97, 116]}, {"key": "to-borrower", "type": "definition", "offset": [126, 137]}, {"key": "executed-by", "type": "clause", "offset": [154, 165]}, {"key": "order-of", "type": "clause", "offset": [185, 193]}, {"key": "in-favor-of", "type": "clause", "offset": [198, 209]}, {"key": "in-connection-with", "type": "clause", "offset": [219, 237]}, {"key": "such-purchaser", "type": "definition", "offset": [238, 252]}, {"key": "a-unit", "type": "clause", "offset": [285, 291]}], "snippet": "An Interval Interest Promissory Note that, as of the Cut-Off Date, was pledged to RFI as partial security for a loan from RFI to Borrower and is made and executed by a Purchaser to the order of and in favor of Borrower in connection with such Purchaser's acquisition of an Interval in a Unit within the Resort.", "samples": [{"hash": "fo3XQD7zGLE", "uri": "/contracts/fo3XQD7zGLE#note-receivable", "label": "Loan and Security Agreement (Equivest Finance Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "d122b139244ce2be8e015bf9d942e5ca", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihhub3RlLXJlY2VpdmFibGUjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [], "size": 36, "title": "Note Receivable", "parents": [["definition-of-terms", "DEFINITION OF TERMS"], ["membership-interest", "Membership Interest"], ["covenants", "Covenants"], ["certain-fees", "CERTAIN FEES"], ["sophistication-and-financial-condition-of-purchaser-information", "SOPHISTICATION AND FINANCIAL CONDITION OF PURCHASER; INFORMATION"]], "id": "note-receivable", "related": [["eligible-receivables", "Eligible Receivables", "Eligible Receivables"], ["receivables", "Receivables", "Receivables"], ["accounts-and-notes-receivable", "Accounts and Notes Receivable", "Accounts and Notes Receivable"], ["net-receivables-balance", "Net Receivables Balance", "Net Receivables Balance"], ["notes-and-accounts-receivable", "Notes and Accounts Receivable", "Notes and Accounts Receivable"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00"}, "json": true, "cursor": ""}}