Debt Note definition

Debt Note. Debt note is one of the part of the contract, not specified in the contract or records do not match the loan amount, date of draft, repayment date stated on the debt note, the loan documents shall prevail. There are three Debt Note of the contract:
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Debt Note means the debt instrument evidencing indebtedness of the Borrower to the Investor that is facilitated via the Platform, which shall bear the digital or electronic signatures of SmartFunding, the Borrower, and the Investor (whereby the Investor’s signature shall be signed by SmartFunding on behalf of Investor). Debt Notes facilitated by SmartFunding shall be substantially in the form of the Master Debt Note Agreement;
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Debt Note means this convertible debt instrument.
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Examples of Debt Note in a sentence

  • Any renewal, extension, increase, modification, alteration or rearrangement of all or any part of the Guaranteed Debt, Note, Loan Documents, or other document, instrument, contract or understanding between Borrower and Lender, or any other parties, pertaining to the Guaranteed Debt or any failure of Lender to notify Guarantor of any such action.

  • The Interest Rate for each Secured Debt Note will be based on the formula set forth below and varies according to the terms of the Secured Debt Note as defined below.

  • Refer to Long-term Debt Note 12 and Share Capital Note 14 for a quantitative summary of these items.

  • Subordinated Debt Note Requirements The Board is proposing changes to the requirements of the Current Secondary Capital Rule.

  • Concurrently with the execution of the payoff letter in respect of the Term Debt (Note 11), the Company and RB I, in late 2020, entered into a forbearance agreement under which: (i) the Company agreed to pay RB I incremental interest of 6% and (ii) RB I agreed to forbear its rights under the Master Lease Agreement until November 18, 2020.

  • The Company, Founders SPV, Ms. Zhou SPV and the Guarantors have agreed to procure DaLian Kingwisoft to use such Closing Fund to settle the outstanding Debt Note issued by DaLian Kingwisoft to Dalian Zhirui.

  • Notwithstanding nonpayment pursuant to paragraph (a) of this section, interest on the Subordinated Debt may continue to accrue according to terms provided for in the Subordinated Debt Note and as otherwise permitted in this subpart.

  • Liabilities Current Accounts Payable & Accrued Liabilities Excess Subsidy Due to CMHC Other (specify where material) Current Portion of Long-Term Debt (Note 5)* Long-Term Debt (Notes 5 & 6)* Less: Current Portion 3.

  • Maturity: With respect to any DebtNote, the date on which the unpaid principal of such Debt Note becomes due and payable as therein or herein provided (or, with respect to the Class A1-R Loans, as provided in the Class A1-R Credit Agreement), whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

  • Long-term debt consists of the following: Bank Debt Note payable to bank, monthly installments of $13,287, interest at 7%.

Related to Debt Note

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

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Second Lien Notes means the second lien notes that may be issued pursuant to the Second Lien Notes Indenture.

  • 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.

  • 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.