CDBG Note definition

CDBG Note means the promissory note of even date herewith that evidences Borrower’s obligation to repay the CDBG Loan.
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CDBG Note means the promissory note evidencing the CDBG Loan substantially in the form attached to this Agreement as Attachment No. 4.
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CDBG Note means the Promissory Note from the IDB to the County, and assigned by the County to ADECA, in the principal amount of $500,000 dated the date of closing of the CDBG Loan and evidencing the CDBG Loan.
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Examples of CDBG Note in a sentence

  • Sales Tax Pledge – The OEDA has pledged 0.5 cents (or 14.29%) of future sales tax revenues to repay$400,000 of an Amended CDBG Note Payable.

  • There shall be no amendment to or modification of this CDBG Note except by written instrument executed by Borrower and the County.

  • The imposition or acceptance of the Default Rate shall in no event constitute a waiver of a default under this CDBG Note or prevent the County from exercising any of its other rights or remedies.

  • Neither the failure nor any delay in exercising any right, power or privilege under this CDBG Note will operate as a waiver of such right, power or privilege, and no single or partial exercise of any such right, power or privilege by the County will preclude any other or further exercise of such right, power or privilege or the exercise of any other right, power or privilege.

  • Current portion Business-type activities long-term debt payable from net revenues generated by and taxes pledged to the City’s business-type activities include the following: Notes Payable: $232,183 Oklahoma Department of Commerce CDBG Note, dated October 2, 1998, issued by Altus Municipal Authority, monthly installments of $967 , secured by available utility revenues, with no interest, final maturity September 1, 2018.

  • Alkaline treatment in the presence of a gallium salt was demonstrated to generate more selective catalysts for the production of ethyl lactate compared to conventional methods for metal incorporation such as dry impregnation and ion exchange.

  • The rights and remedies of the County under this CDBG Note shall be cumulative and not alternative.

  • The Borrower may, without premium or penalty, at any time and from time to time, prepay all or any portion of the outstanding principal balance due under this CDBG Note, provided that each such prepayment is accompanied by accrued interest on the amount of principal prepaid calculated to the date of such prepayment.

  • If any provision in this CDBG Note is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this CDBG Note will remain in full force and effect.

  • This CDBG Note shall bind Borrower and its successors and assigns and shall accrue to the benefit of the County and its successors and assigns.

Related to CDBG Note

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • RMB Note means a Note denominated in Renminbi.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Note A shall have the meaning assigned to such term in the recitals.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Mezzanine Note means the original executed promissory note or other tangible evidence of the Mezzanine Loan indebtedness.

  • Adjustment Note has the meaning given in the GST Legislation;

  • Original Note shall have the meaning assigned to such term in the recitals.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Subordinate Note means each B Note.

  • Senior Note means, for a Supplemental Loan, if any, each Multifamily Note secured by a Senior Instrument.

  • Non-Controlling Note means any Note (other than the Controlling Note), including any New Note designated as a “Non-Controlling Note” hereunder pursuant to Section 32.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Acquisition Note means the promissory note of the Borrowers in the form of Exhibit A1 hereto evidencing the Acquisition Loans made by the Bank hereunder and all promissory notes delivered in substitution or exchange therefor, as amended or supplemented from time to time.