First Promissory Note means that certain Promissory Note, dated as of the date of Closing, issued by the Buyer in favor of the Sellers in the principal amount of One Million Dollars ($1,000,000), as adjusted pursuant to Section 2(e)(ii), having a three (3) year term and bearing interest at the rate of eight percent (8%) per annum compounded quarterly, in substantially the form attached hereto as Exhibit B-1.

First Promissory Note has the meaning ascribed to such term in the Merger Agreement.

First Promissory Note has the meaning set forth in Section 2.5.

Examples of First Promissory Note in a sentence

The First Promissory Note bears an annual interest rate of 7.5% with a maturity date of December 4, 2016.
During the year ended December 31, 2015, Banco Occidente approved a six month grace period on principal payments from November 2015 to April 2016, and extended the maturity date of the First Promissory Note to October 2, 2018.
During the year ended December 31, 2015, Banco Occidente approved a twelve month grace period on principal payments from November 2015 to April 2016, and extended the maturity date of the First Promissory Note to October 2, 2018.
That apart, from a practical and pragmatic point of view if what the learned Additional Solicitor General argued is accepted then decision of one High Court declaring constitutionality of an all India statute would foreclose adjudication by other High Courts which would neither be in the interest of administration of justice nor in the public interest.
Our initial ETF sample consists of all US Equity ETFs, excluding levered ETFs, from 2004 until 2018.

More Definitions of First Promissory Note

First Promissory Note shall have the meaning assigned to such term in Section 2.02.

First Promissory Note a promissory note in the principal amount of approximately US$363 million (HK$2,831 million), being part of the consideration for the OneEnergy Repurchase “HK$” Hong Kong Dollars

First Promissory Note has the meaning set forth in Section 2(c) below.

First Promissory Note means the Promissory Note to be issued by Airco in favor of DHL Holdings (USA), Inc. in connection with the Separation in the form of Exhibit F1 to this Agreement.

First Promissory Note means the promissory note from Aduro Energy to the Company in respect of the Bridge Loan in the amount of $50,000 dated August 7, 2020;

First Promissory Note means the promissory note in the amount of $1,000,000 in the form attached hereto as Exhibit B to be granted by Acquiror at the Closing in favor of the Target Shareholders, which note shall be payable in any combination of cash or Note Stock (at the option of the Shareholder's Agent).

First Promissory Note means the promissory note in the principal amount of $500 per Unit bearing interest at the rate equal to 6.5% per annum payable on March 31, 1999, in the form set out in Schedule "B" to the Offering Memorandum.