PNC Notes definition

PNC Notes means the notes referenced in the Amendment to Deed of Trust, Assignment and Security Agreement, effective June 15, 2009, between Corcoran, Joanne T. Hampson (Trustee) and PNC Bank, encumbering the Fillmore Building and securing repayment and performance of obligations of Corcoran to PNC Bank as described therein.
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Examples of PNC Notes in a sentence

  • Upon their execution and delivery, this Fifth Amendment, the SunBank Notes, the Amended PNC Notes and such other documents and instruments will constitute the valid and legally binding obligations of Borrower and Guarantors, enforceable against Borrower and Guarantors in accordance with their respective terms.

  • All corporate and other actions, consents or authorizations which may be necessary or appropriate for the execution, delivery of and compliance with this Fifth Amendment, the SunBank Notes, the Amended PNC Notes and all documents and instruments herein set forth have been taken or obtained.

  • The Guarantors hereby affirm, acknowledge and agree that their respective guaranty agreements continue in full force and effect with respect to the Obligations, as modified and amended by this Fifth Amendment, and shall specifically extend to and include the SunBank Notes and the Amended PNC Notes.

  • If the Notice Date occurs prior to February 28, 2000, pending such cure or the results of such arbitration proceedings, all payments on the 7.5% PNC Notes due February 28, 2000 (the "Notes"), allocable to the Executive shall accrue, but shall not be paid.