Examples of Money Market Note in a sentence
Each Bank is authorized to indicate upon the grid attached to its Money Market Note all Money Market Loans made by it pursuant to this Agreement, interest elections and payments of principal and interest thereon.
If any Money Market Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of time or by operation of any provision of acceleration of maturity therein contained, the principal thereof and the unpaid interest thereon shall bear interest, until paid, at a rate per annum which shall be 1.1 times the Alternate Base Rate from time to time in effect.
The Company may not redeem, in whole or in part, any Money Market Note except upon 30 days prior written notice to the Holder thereof listed on the records maintained by the Company.
The Money Market Loans of each Bank shall be evidenced by a Money Market Note payable to the order of each Bank.
Any such Loans hereunder shall be paid on the date specified in the applicable Money Market Note.