Settlement Note Sample Clauses

Settlement Note the Settlement Note to be executed by Borrower to the order of Fleet on or before the Closing Date in the form of Exhibit A-1, to evidence the outstanding Settlement Loans owing to Fleet from time to time pursuant to Section 3.1.3
Sample 1
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Settlement Note. 1. The Settlement Note, substantially in the form as described in Exhibit B, attached hereto, fully executed in the amount of One Million Two Hundred Thousand Dollars ($1,2000,000) having a term of twenty four (24) months, with payment of thirty five percent (35%) of the principal due exactly twelve (12) months from the date of the Settlement Note, and the remaining sixty five (65%) being due on the maturity date. The Settlement Note shall carry simple interest of twelve percent (12%) per annum payable monthly. Interest for the first six (6) months of the term shall accrue to the Settlement Note amount.
Sample 1
Settlement Note. Contemporaneous with this Settlement Agreement, EVO will issue a promissory note to Falcon in the form attached hereto as Exhibit A. The Settlement Note is intended to settle Falcon’s claims related to the Loan.
Sample 1
Settlement Note. Under the Second Master Lease Offer, Company executed and delivered a promissory note in favor of HCRI in the original principal amount of $1,500,000.00 ("Settlement Note"). The Settlement Note will be secured by a leasehold mortgage against Balanced Care Tenant (HCN), Inc.'s leasehold interest in the Master Lease Properties. The Settlement Note was executed and delivered by Company to HCRI on December 21, 2001. The Settlement Note and the Settlement Payments from Company to HCN are in consideration for, among other things, the releases contemplated herein, the dismissal of the HCN Litigation, and the transfer of operations of the Transfer Facilities to the New Operators (defined below).
Sample 1
Settlement Note. On the Closing Date and subject to the satisfaction of the conditions precedent set forth in PARAGRAPH 4, the remaining balance owed to the RTC by Dunes pursuant to the Dunes Settlement Agreement (after giving Dunes a credit in the amount of One Million Five Hundred Thousand Dollars ($1,500,000.00) in consideration of the transfer of the San Diego Property and after receipt of the Cash Payment in the amount of $290,000) shall be reduced to a total sum of Two Million Seven Hundred Ten Thousand Dollars ($2,710,000.00).
Sample 1

Related to Settlement Note

  • Replacement Note Upon receipt of evidence reasonably satisfactory to Maker of the loss, theft, destruction or mutilation of this Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Maker or, in the case of any such mutilation, upon surrender and cancellation of this Note, Maker will execute and deliver to Holder in lieu thereof, a replacement note dated as of the date of this Note, identical in form and substance to this Note and upon such execution and delivery all references in the Mortgage to this Note shall be deemed to refer to such replacement note.

  • Note The word "Note" means and includes without limitation Borrower's promissory note or notes, if any, evidencing Borrower's Loan obligations in favor of Lender, as well as any substitute, replacement or refinancing note or notes therefor.

  • Convertible Note 9 Section 3.8

  • New Note Contemporaneously with the execution and delivery of this Amendment, the Borrower, as maker, shall execute and deliver a new revolving credit note, in the stated principal amount of $75,000,000, in favor of the Bank, as payee (the "New Note"), which New Note shall amend, restate and replace the Revolving Credit Note, dated as of October 18, 2005, from the Borrower, as maker, to the Bank, as payee, in the stated principal amount of $65,000,000, and which New Note, as the same may be amended, renewed, restated, replaced or other consolidated from time to time, shall be the "Revolving Credit Note" referred to in the Credit Agreement.

  • Subordinated Note At any time, directly or indirectly, pay, prepay, repurchase, redeem, retire or otherwise acquire, or make any payment on account of any principal of, interest on or premium payable in connection with the repayment or redemption of the Subordinated Note, except as expressly permitted in the Subordination Agreement.

  • Replacement Notes If any mutilated Note is surrendered to the Trustee or the Company and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Note, the Company will issue and the Trustee, upon receipt of an Authentication Order, will authenticate a replacement Note if the Trustee’s requirements are met. If required by the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Note is replaced. The Company may charge for its expenses in replacing a Note. Every replacement Note is an additional obligation of the Company and will be entitled to all of the benefits of this Indenture equally and proportionately with all other Notes duly issued hereunder.

  • Promissory Note The Promissory Note as set forth in Section 2;

  • Term Note The Term Loan shall be evidenced by the Term Note. At the time of the disbursement of the Term Loan or a repayment made in whole or in part thereon, a notation thereof shall be made on the books and records of the Bank. All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Term Loan advanced hereunder, (ii) any accrued and unpaid interest owing on the Term Loan and (iii) all amounts repaid on the Term Loan. The failure to record any such amount or any error in recording such amounts shall not, however, limit or otherwise affect the joint and several obligations of the Borrowers under the Term Note to repay the principal amount of the Term Loan, together with all interest accruing thereon.

  • Revolving Note The Revolving Loans made by each Lender shall, in addition to this Agreement, also be evidenced by a promissory note of the Borrower substantially in the form of Exhibit K (each a “Revolving Note”), payable to the order of such Lender in a principal amount equal to the amount of its Commitment as originally in effect and otherwise duly completed.

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

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