THIS NOTE IS SUBJECT TO THAT CERTAIN SUBORDINATION AGREEMENT DATED AS OF OCTOBER 24, 2006 BY AND AMONG AMSCAN INC., WELLS FARGO RETAIL FINANCE II, LLC, iPARTY CORP., iPARTY RETAIL STORES CORP., AS SUCH SUBORDINATION AGREEMENT IS AMENDED FROM TIME TO...Subordinated Promissory Note • October 25th, 2006 • Iparty Corp • Retail-miscellaneous shopping goods stores • New York
This Note shall be payable in thirty-six (36) equal monthly installments of principal and interest of $59,562.48 commencing on November 1, 2006, and thereafter, on the first date of each month until October 1, 2009, when the entire remaining principal balance and all accrued interest shall be due and payable. All interest shall be computed on the basis of a 365 day year and shall be paid for the actual number of days elapsed.
