Demand Promissory Note definition

Demand Promissory Note means Security provided to the Lender by the Borrower and substantially in the form found in Schedule B of this Agreement.
Demand Promissory Note means the Demand Promissory Note in the format prescribed by the Lender, to be executed by the Borrower/s jointly or severally, to secure payment of the Loan given to the Borrower/s individually and/or in a group.
Demand Promissory Note means the demand promissory note executed by the Borrower in favour of the Lender with agreed rate of interest, undertaking repayment of the same.

Examples of Demand Promissory Note in a sentence

  • Notwithstanding, this Note is non-negotiable and non-delegable and neither any rights nor any obligations under this Note may be assigned by Holder or Maker without the prior written consent of the other.IN WITNESS WHEREOF, this Demand Promissory Note is effective as of the date first written above.

  • The Demand Promissory Note shall also be voided in event of the death or total disability of the teacher.

  • The Second Amended Note renewed, replaced, amended and restated in its entirety the First Amended and Restated Unsecured Revolving Demand Promissory Note dated December 31, 2010 in the original principal amount of $175,000,000.00 payable to the order of the Noteholder and executed by the Borrower (the “First Amended Note”).

  • The Fourth Amended Note renewed, replaced, amended and restated in its entirety the Third Amended and Restated Unsecured Revolving Demand Promissory Note dated December 31, 2011 in the original principal amount of $225,000,000.00 payable to the order of the Noteholder and executed by the Borrower (the “Third Amended Note”).

  • The First Amended Note renewed, replaced, amended and restated in its entirety the Unsecured Revolving Demand Promissory Note dated November 10, 2010 in the original principal amount of $100,000,000.00 payable to the order of the Noteholder and executed by the Borrower (the “Original Note”).


More Definitions of Demand Promissory Note

Demand Promissory Note means that certain promissory note dated March 3, 1995 from Option One to Fleet National Bank, evidencing the Intercompany Debt.
Demand Promissory Note means the demand promissory note delivered by the Borrower in the form set out in Part A Schedule 5.
Demand Promissory Note means a demand promissory note in the amount of US$30,000,000 executed by the Borrower in favour of the Agent (for the benefit of the Finance Parties) in form and substance satisfactory to the Agent
Demand Promissory Note means an instrument in the nature of a promissory note issued by the Company in favour of the Debenture Trustee in a form and manner acceptable to the Debenture Trustee;
Demand Promissory Note. This Is Schedule "E" to the Share Purchase Agreement dated April 1"% 2002 among KS E-Media Holdings, Inc., Xxxxx International Enterprises Inc. and Xxxxxx Xxxxxxxxxxxxx. FOR VALUE RECEIVED KS E-MEDIA HOLDINGS, INC. unconditionally promises to pay to or to the order of XXXXX INTERNATIONAL ENTERPRISES INC. on demand at Vancouver, British Columbia the sum of C$25,000.00 (Twenty-Five Thousand Canadian Dollars), and to pay interest from the date of this Promissory Note on the said sum or the amount from time to time remaining unpaid at 10% per annum. Such interest shall be calculated and payable annually on the anniversary date of this Note while this Note is outstanding, both before and after demand, default and judgment. The principal and interest of this Promissory Note shall be paid in Canadian dollars without set-off or counterclaim.
Demand Promissory Note means the demand promissory note executed by the Borrower in relation to the Loan.
Demand Promissory Note means the promissory note issued by the Borrower to the Lender for the purpose of discharge of the Principal Amount and Interest under the terms of the Facility Documents as captured in Annexure I to these Terms and Conditions.