Examples of Corporate Note in a sentence
These Notes are the corporate obligation of the Company only and no recourse shall be had for the payment of this Corporate Note, or interest hereon, against any past, present or future member, stockholder, officer or director of the Company, either directly or through the Company by virtue of any statute or the enforcement of any assessment or otherwise; all such liability of said stockholders, officers or directors, as such, being released by the registered owner hereof.
Principal and accrued interest on the Corporate Note shall be due and payable in accordance with the terms and conditions set forth therein and herein.
In such event, any Pursuit Costs theretofore funded with Loan proceeds, together with accrued and unpaid interest thereon due under the terms of the Corporate Note, shall be repaid by Homestead to PTR within 30 days after delivery of such notice to PTR.
In such event, any Pursuit Costs theretofore funded with Loan proceeds, together with accrued and unpaid interest thereon due under the terms of the Corporate Note, shall be repaid by Homestead to Atlantic within 30 days after delivery of such notice to Atlantic.
Senior Care may repurchase a total of $11,262,481 in Series F Convertible Preferred by the issuance of Series I Preferred stock which will then be issued to Tri-National's Corporate Note holders.
In connection therewith Borrower delivered to Lender that certain promissory note (the "Prior Corporate Note") dated January 24, 1996, in the original principal amount of $62,031,430, and various deeds to secure debt, deeds of trust and mortgages (the "Prior Corporate Security Documents"), to secure payment of the Prior Corporate Note and the Prior Partnership Note (as defined below).
In connection therewith Borrower delivered to Lender that certain promissory note (the "Prior Partnership Note") dated January 24, 1996, in the original principal amount of $63,314,441, and various deeds of trust and mortgages (the "Prior Partnership Security Documents"), to secure payment of the Prior Corporate Note (as defined below) and the Prior Partnership Note.
In connection therewith Borrower delivered to Lender that certain promissory note (the "Prior Corporate Note") dated January 24, 1996, in the original principal amount of $84,850,391, and various deeds of trust and mortgages (the "Prior Corporate Security Documents"), to secure payment of the Prior Corporate Note and the Prior Partnership Note (as defined below).
In connection therewith Borrower delivered to Lender that certain promissory note (the "Prior Partnership Note") dated January 24, 1996, in the original principal amount of $19,213,476, and various deeds to secure debt, deeds of trust and mortgages (the "Prior Partnership Security Documents"), to secure payment of the Prior Corporate Note (as defined below) and the Prior Partnership Note.
In connection with such amendment and restatement of the Prior Loan Documents, contemporaneously with the execution and delivery of this Note, the Corporate Borrower is executing and delivering to Lender that certain promissory note in the amount of $18,041,687 (the "Additional Corporate Note").