Partnership Note definition

Partnership Note has the meaning set forth in Recital B to this Agreement.

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Partnership Note means a promissory note issued by a Partnership to the order of Borrower and evidencing a loan by Borrower to such Partnership of monies initially advanced by the Lenders to Borrower under the Revolving Credit Notes, which loan is made in connection with the development of a Project in which the Borrower retains a majority ownership interest.

Partnership Note means the Partnership Note dated as of December 28, 1993 in the principal amount of $242,141,304 made by the Partnership in favor of the Issuer, evidencing the proceeds of the Mortgage Notes.

Examples of Partnership Note in a sentence

There are no notes, instruments, agreements, mortgages, deeds of trust or other documents evidencing any material agreement or obligation of the Transferor Partnership or the Borrower Partnership to Lender or any other lender with respect to the Property other than the Borrower Partnership Note and the Loan Documents listed on Schedule H.
All payments of principal, interest, and, if applicable, real estate tax escrow, insurance escrow and any other payments required under the Loan Documents or the Borrower Partnership Note which are due and payable, through the Closing Date, have been, and will be, paid in full and no default exists thereunder which extends beyond applicable grace or cure periods.
The Borrower Partnership is the sole holder of the Borrower Partnership Note, subject to any pledge thereof to Lender.
Neither the Transferor Partnership nor the Borrower Partnership has received any written notice of default under any of the Loan Documents or the Borrower Partnership Note.
True and complete copies of the Loan Documents and the Borrower Partnership Note, including each modification and amendment thereof, have been furnished heretofore to the BRI Partnership.
Other than the Loan Documents and the Borrower Partnership Note, there are no agreements, oral or written to which the Borrower Partnership is a party or to which any agent of the Borrower Partnership is a party on behalf of the Borrower Partnership or has entered into on behalf of the Borrower Partnership.
No security has been taken or held in connection with the Borrower Partnership Note.
The Loan Documents and the Borrower Partnership Note are in full force and effect and none of the Loan Documents or the Borrower Partnership Note have been modified, amended or extended except as disclosed on Schedule H.
Notwithstanding anything to the contrary, whether executing a Purchase Order, Quotation, Proposal, Standing Order, or Letter of Authorization or by accepting delivery of the Products, ▇▇▇▇▇ agrees to be bound by and accept the terms and conditions contained in this Agreement.
The Transferor Partnership shall also remain as obligor of the outstanding principal balance of the note dated October 29, 1996 in the original principal amount of the Note (the "Borrower Partnership Note"), evidencing the loan made to the Transferor Partnership by the Borrower Partnership (the "Borrower Partnership Loan").

More Definitions of Partnership Note

Partnership Note means the loan owed by Inter Pipeline to PMI currently in the amount of approximately $288.6 million.

Partnership Note means the unsecured, subordinated promissory note issued by the Grantor to Penn West Partnership representing the “Purchase Price” payable pursuant to the Canadian Resource Properties and Miscellaneous Interests Conveyance dated May 31, 2005;

Partnership Note means the promissory note dated July 2, 1996 made by the Company in favor of National Propane, L.P.

Partnership Note means the Convertible Subordinated Note due 2006, issued December 9, 1996 by the Partnership to ▇▇▇▇▇▇▇▇'▇, Inc., a Massachusetts corporation.