Real Estate Note definition

Real Estate Note means the promissory note dated as at the date of the REAL ESTATE CLOSING in the face amount provided in Section 6.02 hereof issued by the BORROWER to the order of BANK and evidencing the obligation to repay the REAL ESTATE LOAN.

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Real Estate Note means the promissory note payable to the order of the Bank evidencing the Real Estate Loan, together with all modifications, extensions, renewals and rearrangements thereof, delivered to the Bank prior to the Effective Date.

Real Estate Note means the Borrower's promissory note payable to the order of the Lender in substantially the form of Exhibit A-3 hereto.

Examples of Real Estate Note in a sentence

• The Real Estate Note shall be payable to CNF or its designee, and shall bear interest on the unpaid balance at the rate of eight percent ( 8.00%) per annum, payable on the last day of each month, in arrears.

• The WVEDA Real Estate Loan shall be evidenced by the WVEDA Real Estate Note.

• Obligors shall repay the Real Estate Loan, interest thereon and all outstanding costs in accordance with the terms and conditions of the Real Estate Note.

• This Note has been executed and delivered pursuant to, and is subject to certain terms and conditions in, that certain Amended and Restated Letter Loan Agreement of even date herewith, (said Agreement as previously amended and as it may hereafter be amended or modified from time to time being the "Loan Agreement", the terms defined therein and not otherwise defined herein being used herein as therein defined), and is the "Real Estate Note" referred to therein.

• The monthly payment shall be recalculated in months sixty and one hundred twenty to an amount sufficient for the outstanding principal balance of the WVEDA Real Estate Note, bearing interest at the then applicable rate, to fully amortize over the remaining term.

More Definitions of Real Estate Note

Real Estate Note means that certain Renewal Promissory Note dated the Closing Date to Lender from FAS in the original principal sum of Five Million Two Hundred Seventy Five Thousand Five Hundred and 00/Hundredths Dollars ($5,275,500.00) and all extensions, consolidations and renewals thereof.

Real Estate Note means the Promissory Note dated as of the Closing Date by Borrowers payable to the order of Lender in the original amount of $7,686,000.00.

Real Estate Note means the Amended and Restated Real Estate Note of the Borrower payable to the order of the Lender in substantially the form attached hereto as Exhibit A-3.

Real Estate Note means the promissory note dated as at the date of the REAL ESTATE CLOSING in the face amount provided in Section 6.02 hereof issued by the BORROWER to the order of BANK and evidencing the obligation to repay the REAL ESTATE LOAN. The REAL ESTATE NOTE is in substantially the form of Exhibit 1.01.B.

Real Estate Note has the meaning set forth in Section 3.1.3(b).

Real Estate Note means that certain promissory note described in Section 2.2.3 of this Agreement.

Real Estate Note is given in replacement of that certain Real Estate Note dated April 27, 1994 executed by the crestmark Club, L.P. in favor of Commonwealth of Pennsylvania State Employes' Retirement Board, in the original principal amount of $10,100,000.00 (the "Original Note"), the original of which Original Note has been lost or misplaced. The Original Note was modified and amended, and this Note has been modified and amended, by that certain Note Modification Agreement dated June 22, 1994 between The Crestmark Club, L.P. and Commonwealth of Pennsylvania State Employes' Retirement Board.