Equity Loan Note definition

Equity Loan Note means a promissory note made by a Transferred Employee to evidence the Transferred Employee’s obligations in respect of an Equity Loan, which may be included in the same document as an Equity Loan Agreement.
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Equity Loan Note set forth in Appendix A and their related definitions are hereby deleted in their entirety.
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Examples of Equity Loan Note in a sentence

  • Terminate any Pool Relocation Management Agreement, CMSC Home Purchase Contract, CMSC Home Sale Contract, CMSC Equity Loan Note or CMSC Equity Loan Agreement except in accordance with the Credit and Collection Policy.

  • Upon such prepayment, unpaid amounts of interest and principal shall continue unaffected and the Toll Equity Loan Note shall be adjusted to reflect the amount of principal prepaid.

  • TxDOT shall make such advances under the Toll Equity Loan Commitment from time to time during the Term of the Toll Equity Loan Commitment Period up to the Maximum Available Aggregate Amount starting on the date the Toll Equity Loan Note is delivered to TxDOT, but not to exceed with any advance, taking into account all prior advances, the aggregate amount of Eligible Costs.

  • Terminate any Pool Relocation Management Agreement, Cartus Home Purchase Contract, Cartus Home Sale Contract, Cartus Equity Loan Note or Cartus Equity Loan Agreement except in accordance with the Credit and Collection Policy.

  • The Borrower shall, without discretion, return or direct the Trustee to return to TxDOT any amounts included in an advance under the Toll Equity Loan Commitment that are in excess of the Maximum Permitted Amount for an advance, the Maximum Available Annual Amount for a Draw Period or the Maximum Available Aggregate Amount immediately upon becoming aware of such amounts, and any such amount returned to TxDOT shall reduce the amount of principal of the Toll Equity Loan Note.

  • If at the final maturity date of the Toll Equity Loan Note, amounts due thereunder remain unpaid, the provisions of this Article V, as applicable, shall remain in effect until such time as all amounts owing have been paid.

  • Each advance under the Toll Equity Loan Commitment shall be evidenced in the Toll Equity Loan Note which shall set forth the date of the advance, the principal amount, Interest Rate and maturity date therefor.

  • Borrower shall make payments of principal and interest to TxDOT according to the provisions of this Agreement, the Trust Agreement and the Toll Equity Loan Note.

  • The Borrower shall retain all original System (including the Project) files, records, accounts and supporting documents until the later of the Termination Date or the date all amounts due and payable under the Toll Equity Loan Note and this Agreement have been repaid, or for the period of time required by applicable federal and state law, if longer, unless relieved of this requirement by TxDOT in writing.

  • The Toll Equity Loan Note is a special obligation of the Borrower payable from and secured solely by the funds pledged therefor pursuant to the Trust Agreement.