Examples of CT Note in a sentence
The C/T Loan is evidenced by a Construction and Term Note ("C/T Note") in the principal sum of Thirty-Two Million Five Hundred Thousand Dollars ($32,500,000.00).
The Revolving Credit Facility is evidenced by a Revolving Credit Note (the "Revolving Credit Note" and, together with the C/T Note, collectively, the "Bank Notes") in the principal sum of Two Million Five Hundred Thousand Dollars ($2,500,000.00) executed by the Borrower, payable to the order of Agent Bank on behalf of Lenders.
The outstanding principal indebtedness evidenced by this C/T Note shall be payable as provided in the Credit Agreement and in any event on the Maturity Date as defined and described in the Credit Agreement.
Notwithstanding any provision herein or in any document or instrument now or hereafter securing this C/T Note, the total liability for payments in the nature of interest shall not exceed the limits now imposed by the applicable laws of the State of Nevada, State of Colorado or the United States of America.
This C/T Note shall be governed by and construed in accordance with the laws of the State of Nevada.
No reference herein to the Credit Agreement and no provision of this C/T Note or the Credit Agreement shall alter or impair the obligations of Borrower, which are absolute and unconditional, to pay the principal of and interest on this C/T Note at the place, at the respective times, and in the currency prescribed in the Credit Agreement.
This C/T Note is issued under, and subject to, the terms, covenants and conditions of the Credit Agreement, which Credit Agreement is by this reference incorporated herein and made a part hereof.
This C/T Note is secured by the Security Documentation described in the Credit Agreement.
If any provision of this C/T Note conflicts or is inconsistent with any provision of the Credit Agreement, the provisions of the Credit Agreement shall govern.
No remedy under this Completion Guaranty, under the Credit Agreement, the C/T Note, the Revolving Credit Note or any Loan Document is intended to be exclusive of any other remedy, but each and every remedy shall be cumulative and in addition to any and every other remedy given under this Completion Guaranty, under the Credit Agreement, the C/T Note, the Revolving Credit Note, the Continuing Guaranty, or any other Loan Document, and those provided by law.