Assigned Note definition

Assigned Note individually, or "Assigned Notes," collectively means one or more secured promissory notes and any amendments thereto or substitutions therefor payable to ARCC or an Additional Borrower by a Synthetic Lessor and assigned to the Agent for the benefit of the Lenders as security for the Credit Facility pursuant to an Assignment of Transaction Documents or similar assignment.
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Assigned Note has the meaning set forth in the recitals to this Agreement.
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Assigned Note means each promissory note or other evidence of indebtedness delivered to the Bank with respect to the applicable Assigned Loan. An Assigned Note may be either a Cash Flow Note or Trust Note.
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Examples of Assigned Note in a sentence

  • The Company consents to the Assignor’s sale, assignment, conveyance, and transfer of the Assigned Note Portion to the Assignee provided for herein.

  • The closing of the purchase and sale of the Assigned Note Portion (the “Closing”) shall take place at the offices of Grushko & ▇▇▇▇▇▇▇, P.C., within two business days of the Escrow Agent’s receipt of the entire Purchase Price, Note and Reissued Notes.

  • The Assignor has had continuous ownership of the Note since July 15, 2011, and is selling, assigning, conveying and transferring to the Assignee all of his right, title and interest to the Assigned Note Portion, free and clear of all liens, mortgages, pledges, security interests, encumbrances or charges of any kind or description and upon consummation of the transaction contemplated herein good title in the Assigned Note Portion shall vest in Assignee, free of all liens and other charges.

  • The Security Deeds, the Assignments of Leases and Rents, the Pledge Agreements and the UCC-1 financing statements, the Assigned Note Assignments and all documents securing the Assigned Notes assigned thereby.

  • The Future Advance is hereby added to the outstanding principal amount of the Assigned Note of $37,388,948.22 (the “Previous Balance”), resulting in a current outstanding principal balance under the Note of $54,000,000.00 (the “Current Balance”).

  • Rent from such Synthetic Lease must be sufficient to pay debt service on its respective Assigned Note or at least on a 1.0 to 1.0 basis.

  • The mortgages and deeds of trust from the Mortgagor to the Agent pursuant to which the Mortgagor shall convey the Mortgaged Properties as security for the Obligations and the mortgages which secure the Assigned Notes and which are assigned to the Agent pursuant to the Assigned Note Assignments.

  • Assignor is the owner of that certain Promissory Note in the original principal amount of $3,000,000.00, dated October 15, 2013, executed by INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation, ("Maker") and currently held by Assignor (including all amendments, modifications, restatements, and proceeds thereof, the "Assigned Note"), a true and accurate copy of which is attached hereto as Exhibit A, which is incorporated herein by reference.

  • In connection with any Assigned Note the cost report shall also include a statement of the principal sum of such Assigned Note advanced to date by ARCC.

  • The closing of the purchase and sale of the Assigned Note Portion (the “Closing”) shall take place at the offices of Grushko & ▇▇▇▇▇▇▇, P.C., within two business days of the Escrow Agent’s receipt of the entire Purchase Price, Note and Reissued Note.