Examples of CFC Note in a sentence
Defendant’s argument that the CFC Note provides a full description of the property and that “we have to assume or read that into the [C]ontract” is without merit as well.Defendant argues that there is no doubt what the parties intended at the time they executed the Contract, and that there should be no doubt as to the location of the property in question.
All payments made on the Series 1998 CFC Note shall be made to CFC at its principal office in Herndon, Virginia in lawful money of the United States of America which will be immediately available on the date payment is due.
Therefore, CFC Note is deemed exchanged for stock on the date that USS1 Note is issued in Year 2.
Accordingly, $200x of CFC Note B is a principal purpose debt instrument that is treated as stock under paragraph (b)(3)(ii)(A) of this section.
This Series 1998 CFC Note shall be entitled to any benefit under the Indenture and shall not become valid or obligatory for any purposes until the Indenture Trustee shall have signed the form of authentication certificate endorsed hereon.
The Series 2010A CFC Note and the Trustee's certificate of authentication for the Series 2010A CFC Note shall be substantially in the form set forth in an Officers' Certificate to be delivered to the Trustee by the Company, which shall establish the terms and conditions of the Series 2010A CFC Note pursuant to Section 2.1 of the Original Indenture, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted in the Original Indenture.
I have also examined the following documents as executed and delivered: (1) the CFC Loan Agreement, (2) the Secured Promissory Note ("CFC Note") , dated ___________________ 19____, in the principal amount of $___________, payable to the order of CFC, and (3) the __________________ Mortgage and Security Agreement ("Mortgage"), dated as of ____________________________, made by and between the Borrower and CFC.
In addition, under paragraph (c)(1) of this section a portion of FS Note B equal to $5 million is not treated as stock under paragraph (b)(2) of this section.(D) When FS Note B is issued in Year 3, CFC Note, which previously was treated as indebtedness solely because of paragraph (c)(2) of this section, remains outstanding.
The Borrower hereby irrevocably authorizes and empowers the Agent to give notice of this Borrower Assignment to the CFC Borrower, [and to any other person obligated on the CFC Note] and, after the occurrences and during the continuance of an Event of Default or after a demand shall have been made for payment of the Obligations (a “Borrower Default”), to receive directly all payments or prepayments made by the CFC Borrower.
The Series 1998 CFC Note shall be dated the date of its authentication.