NOTES AND SECURITY Clause Samples
NOTES AND SECURITY. This Note is issued pursuant to the Securities Purchase Agreement, dated as of May 16, 2001 (the "Purchase Agreement"), by and between the Corporation and Reuters Holdings Switzerland SA, a societe anonyme organized under the laws of Switzerland, providing for, among other things, the issuance of 12% Convertible Senior Secured Notes due May 1, 2005 in the aggregate principal amount not to exceed $45,000,000 (such 12% Convertible Senior Secured Notes are referred to herein collectively as the "Notes"). All payments of principal and interest on this Note shall be secured pursuant to the terms of that certain Missouri Future Advance Deed of Trust and Security Agreement, dated as of May 11, 2001, as amended or supplemented from time to time between the Corporation's subsidiary, Savvis Communications Corporation, a Missouri corporation, and the other parties thereto. Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Purchase Agreement.
NOTES AND SECURITY. Advances under this loan agreement, together with any existing indebtedness of the Borrower to the Bank, shall be evidenced by a promissory note or notes acceptable to the Bank, and shall be secured to the extent of all collateral presently held by the Bank; including but not limited to, all real estate mortgages and security agreements, as well as a perfected first security interest in all of the Borrower’s personal property in Kentucky. All property under lien to the Bank as security for the Loans shall be collateral for all indebtedness of the Borrower to the Bank.
NOTES AND SECURITY. Advances under this loan agreement, together with any existing indebtedness of the Borrower to the Bank, shall be evidenced by a promissory note or notes acceptable to the Bank, and shall be secured by Bank stock and other equities.
NOTES AND SECURITY. This Note is issued pursuant to the Securities Purchase Agreement, dated as of February 18, 2001 (the "Purchase Agreement"), among the Corporation's subsidiary and the purchasers named therein, providing for, among other things, the issuance of 10% Convertible Senior Secured Notes due February 20, 2006 in the aggregate principal amount of $20,000,000 (such 10% Convertible Senior Secured Notes are referred to herein collectively as the "Notes"). All payments of principal and interest on this Note shall be secured pursuant to the terms of that certain Deed of Trust, dated of the date hereof (the "Deed"), between the Corporation and the other parties thereto.
NOTES AND SECURITY. This area includes standard language as well as customer specific language when new real estate mortgages or security interest are taken.
NOTES AND SECURITY