Common Contracts

3 similar Demand Note contracts by Granahan McCourt Acquisition CORP

DEMAND NOTE
Demand Note • June 26th, 2008 • Granahan McCourt Acquisition CORP • Radio & tv broadcasting & communications equipment

FOR VALUE RECEIVED, the undersigned, Granahan McCourt Acquisition Corporation, a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay, as provided below, to David C. McCourt (the “Lender”), the principal sum of six hundred thousand U.S. dollars ($600,000), by wire transfer of immediately available funds. No interest shall accrue on the unpaid principal balance of this Demand Note. Capitalized terms used and not defined herein shall have the meanings set forth in Borrower’s fourth amended and restated certificate of incorporation.

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DEMAND NOTE
Demand Note • June 26th, 2008 • Granahan McCourt Acquisition CORP • Radio & tv broadcasting & communications equipment

FOR VALUE RECEIVED, the undersigned, Granahan McCourt Acquisition Corporation, a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay, as provided below, to David C. McCourt (the “Lender”), the principal sum of five hundred thousand U.S. dollars ($500,000), by wire transfer of immediately available funds. No interest shall accrue on the unpaid principal balance of this Demand Note. Capitalized terms used and not defined herein shall have the meanings set forth in Borrower’s fourth amended and restated certificate of incorporation.

DEMAND NOTE
Demand Note • May 12th, 2008 • Granahan McCourt Acquisition CORP • Blank checks

FOR VALUE RECEIVED, the undersigned, Granahan McCourt Acquisition Corporation, a Delaware corporation (the “Borrower”), hereby unconditionally promises to pay, as provided below, to David C. McCourt (the “Lender”), the principal sum of two hundred and fifty thousand U.S. dollars ($250,000), by wire transfer of immediately available funds. No interest shall accrue on the unpaid principal balance of this Demand Note. Capitalized terms used and not defined herein shall have the meanings set forth in Borrower’s fourth amended and restated certificate of incorporation.

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