Xxxxxxx Note. The term “XXXXXXX NOTE” means the promissory note dated July 1, 2005 from AVATECH and payable to the order of XXXXXXX in the original principal amount of Nine Hundred Two Thousand One Hundred Sixty-Eight Dollars and Eighty Cents ($902,168.80).
Xxxxxxx Note. Xxxxxxx shall have provided Adamjee with a release of his guaranty of the Xxxxxxx Note. Xxxxxx and Xxxxxx shall have issued and delivered to Xxxxxxx a pledge and security agreement with respect to Xxxxxxx Note, guaranteed by MSSI to the extent the total value of the Xxxxxxx Security Shares at the Closing is less than the principal and accrued interest on the Xxxxxxx Note.
Xxxxxxx Note. A Promissory Note executed by St. Xxxxxxx Borrower in favor of Lender in the amount of the St. Xxxxxxx Loan and dated as of the Execution Date.
Xxxxxxx Note. After the merger, Xx. Xxxxxxx will resign as President and instead coordinate the transition activities as a consultant. See Xx. Xxxxxxx is also President of Conception Technologies. Schedule 8(d). BENEFITS TYPE OF PLAN ANNUAL POLICY BENEFIT POLICY PROVIDER COVERAGE PREMIUM PERIOD MEDICAL IN TEXAS Group 5276845 Humana HMO Plan 75 $396.31 2/1/2004 renewed Opt 3 per month per ee MEDICAL IN CALIFORNIA Group 87412A Health Net HMO & PPO varies by age 1/2004 renewed Preferred DENTAL IN TEXAS Group 5279392 Humana Dental $1000 annual $21.37 4/2004 renewal max, $50 annual deductible 100% per month per preventive ee services 80% basic 50% major DENTAL IN CALIFORNIA PD 3093 Blue Shield $1500 annual $43.00 1/2004 renewed max, $50 annual deductible 100% per month per preventive ee services 80% basic 50% major LIFE INSURANCE Client # 99210 Prudential $10,000 per $ 2.81 per ee Month-to-month Financial eligible employee LONG TERM DISABILITY Group 000-0000-00 GE Financial Up to 50% of $.19 per $100 11/2003 renewed Assurance monthly earnings $5k max of salary 401k PLAN Contract 4-49631 Principal First of next Financial month to permanent employees PAID-TIME-OFF Includes both 15 days 0-5 years vacation and sick time 20 days 6-10 years 25 days 11+ years HOLIDAYS 10 per year SCHEDULE 6(o)(ii) "OBLIGATIONS TO EMPLOYEES"
Xxxxxxx Note. (a) Casinos is obligated to make payments to Global pursuant to a promissory note dated January 17, 1997 in the original principal amount of $114,309.38 and originally made payable to Xxxxxx Xxxxxxx (the "Xxxxxxx Note"), which Xxxxxxx Note is currently held by Global.
(b) Global is currently indebted to Peak National Bank pursuant to two promissory notes, one of which is dated October 29, 1998 and is in the original principal amount of $150,000 (with a remaining principal balance of $50,596.76 at August 31, 2002), and one of which is dated April 9, 1998 in the original principal amount of $245,000 (with a remaining principal balance of $55,953.82 at August 31, 2002) (collectively referred to hereinafter as the "Peak Notes"). Global entered into Extension and Modification Agreements, each dated June 27, 2000, regarding the Peak Notes, copies of which have been provided to Casinos and the Note Holder. Pursuant to the Extension and Modification Agreements, payments pursuant to the Peak Notes have been re-amortized, the maturity dates changed to June 27, 2004 and the interest rates are to be adjusted on an annual basis at 2% over the highest prime rate published in the money section of The Wall Street Journal
(c) The parties agree that the Xxxxxxx Note is hereby amended to provide for monthly payments in accordance with the Exhibit 1 Payment Schedule attached hereto. This Payment Schedule approximates the present monthly payments required pursuant to the Peak Notes, as modified. An event of default by Global of the Peak Notes, or an acceleration of the maturity of the Peak Notes, shall not affect the obligation hereunder of Casinos to make regular monthly installment payments pursuant to the Xxxxxxx Note, as amended hereby, to Global. In no event shall Casinos' obligations hereunder increase the total amount due under the Xxxxxxx Note.
Xxxxxxx Note. At July 31, 1996, the current unpaid portion of that ------------ certain promissory note dated September 27, 1995 executed by Xxxxxxx X. Xxxxxxx, M.D., P.C. in the original principal amount of $700,000 was $281,374.40. As of the date hereof, such note is current. Such note has been properly recorded on the Balance Sheet. To the knowledge of Seller, no conditions exist that would cause such note to be uncollectible.
Xxxxxxx Note. The Xxxxxxx Note shall bear a fixed interest rate of 5% per annum and will be payable in twenty-four amortized quarterly installments of twenty-three thousand, nine hundred sixteen dollars and sixty seven cents ($22,916.67), commencing June 1, 2004 and continuing until paid in full with the final installment including all accumulated interest unless paid prior thereto, subject to all terms and conditions described in the note.
Xxxxxxx Note. Unless consented to by the Required Lenders, amend, modify, change or enforce the Xxxxxxx Note in any manner that would amount to the reduction of the principal amount thereof, including by forgiveness of any obligations thereunder..
Xxxxxxx Note. All references in the Xxxxxxx Note to the Existing Agreement shall mean and include only this Agreement.
Xxxxxxx Note. A Promissory note executed by Affiliated Guarantor in favor of Beneficiary in the amount of the St. Xxxxxxx Loan and dated as of the Execution Date. Senior Deed of Trust: That certain Deed of Trust, Security Agreement and Fixture Filing dated of even date herewith (the “Senior Deed of Trust”) by and among Affiliated Guarantor, as borrower, Operating Lessee, to Fidelity National Title Insurance Company, as trustee, for the benefit of Beneficiary and securing Affiliated Guarantor’s payment of the indebtedness evidenced by the St. Xxxxxxx Note, as more particularly set forth in the Senior Deed of Trust. Metropolitan Life Insurance Company, a New York corporation (“MetLife”) Metropolitan Life Insurance Company, a New York corporation 00 Xxxx Xxxxxx Xxxxxxxxxx, Xxx Xxxxxx 00000 Attention: Senior Vice President Real Estate Investments Metropolitan Life Insurance Company 000 Xxxxx Xxxxxx Xxxxx, Suite 1100 Chicago, Illinois 60606-4478 Attention: Director Metropolitan Life Insurance Company 000 Xxxxxx Xxxxxx, Xxxxx 0000 Xxx Xxxxxxxxx, XX 00000 Attn: Director SHR St. Xxxxxxx, L.L.C. 000 Xxxx Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Xxxxxxx Coie LLP 000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Attn: Xxxxx X. Bonjour Fidelity National Title Insurance Company 00 Xxxxxxxxxx Xxxxxx Xxx Xxxxxxxxx, XX DTRS St. Xxxxxxx, L.L.C. 000 Xxxx Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Xxxxxxx Coie LLP 000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Attn: Xxxxx X. Bonjour SHC Columbus Drive, LLC, 000 Xxxx Xxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Xxxxxxx Coie LLP 000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Attn: Xxxxx X. Bonjour Property: The St. Xxxxxxx Hotel located at 000 Xxxxxx Xxxxxx, San Francisco, California consisting of 1,195 guest rooms, including approximately 40,035 square feet of retail space and parking garage. County: San Francisco County State: California Use: Hotel, retail and related uses Fairmont Loan: A first mortgage loan in the aggregate principal amount of $97,750,000.00 from Beneficiary to Fairmont Borrower.
