RECOURSE PROMISSORY NOTE definition

RECOURSE PROMISSORY NOTE means the Recourse Promissory Note, dated as of the date hereof, by the Executive in favor of Safety Holdings, Inc. in the principal amount of $66,500.00.
Sample 1
RECOURSE PROMISSORY NOTE means those certain Recourse Promissory Notes issued by certain Stockholders to the Company in connection with such Stockholders’ purchase of Stock (including in connection with “early exercise” of Options), and which remain outstanding as of immediately prior to the Effective Time.
Sample 1

Examples of RECOURSE PROMISSORY NOTE in a sentence

  • Xxxxx Its: CFO EXHIBIT C PROMISSORY NOTE LIMITED RECOURSE PROMISSORY NOTE CDN $6,750,000.00 Minneapolis, Minnesota, USA June 6, 2008 1.

  • DATED: --------------------------- ------------------------------- Xxxxx Xxxxx ------------------------------- (spouse) EXHIBIT A SECURED FULL RECOURSE PROMISSORY NOTE San Mateo, California $580,000.00 June 28, 1999 Reference is made to that certain Loan Agreement of even date herewith (the "LOAN AGREEMENT"), by and between the undersigned (the "BORROWER") and Keynote Systems Incorporated, a California corporation (the "COMPANY").

  • SECURED FULL RECOURSE PROMISSORY NOTE] STOCK PLEDGE AGREEMENT This Stock Pledge Agreement (the "PLEDGE AGREEMENT") is made and entered into as of _______________, _____ [INSERT DATE] between HNC Software, Inc., a Delaware corporation (the "COMPANY"), and _____________ (the "PLEDGOR").

  • Xxxf 50,000 $450,000 0 $450,000 Exhibit B to Securities Purchase and Stockholders' Agreement FORM OF FULL RECOURSE PROMISSORY NOTE $[ ] May [ ], 1999 For value received, [ ] (the "Payor"), promises to pay to the order of The J.H. Xxxxxxx Xxxpany, Inc., a North Carolina corporation ("Payee"), the aggregate principal sum of $[ ] (the "Principal Sum"), subject to the terms of, and payable as set forth in, Section 1 hereof, and to pay interest from the date hereof as provided herein.

  • XXXX Exhibits: -------- Exhibit A - Secured Full Recourse Promissory Note Exhibit B - Stock Pledge Agreement EXHIBIT A --------- SECURED FULL RECOURSE PROMISSORY NOTE ------------------------------------- San Mateo, California $575,000.00 January 3, 2001 For value received, Xxxxxx X.

  • Xxxxxxx APPENDIX A NON-NEGOTIABLE FULL RECOURSE PROMISSORY NOTE January 30, 1998 Maturity Date: December 30, 2002 Amount $2,000,000 On or before December 30, 2002 (the "Maturity Date"), for value received, XXXX X.

  • FULL RECOURSE PROMISSORY NOTE $200,000 September 24, 1992 For value received, the undersigned promises to pay to Synon Corporation, a Delaware corporation (the "Company"), or its registered assigns, at its principal office the principal sum of $200,000, together with interest on the unpaid principal thereof from the date hereof at the rate of 8% per annum.

  • Exhibit B RECOURSE PROMISSORY NOTE ------------------------ $300,000 Indianapolis, Indiana July 20, 2001 FOR VALUE RECEIVED, the undersigned, WILLIAM A.

  • Xxxxx EXHIBIT A RAYOVAC CORPORATION FULL RECOURSE PROMISSORY NOTE $500,000 Madison, Wisconsin September 12, 1996 FOR VALUE RECEIVED, the undersigned, Xxxxx X.

  • Xxxxx, as Trustee EXHIBIT B SECURED, LIMITED RECOURSE PROMISSORY NOTE $207,698.88 March 25th, 2008 FOR VALUE RECEIVED, the undersigned (“Debtor”) promises to pay to Xxxxxxx X.

Related to RECOURSE PROMISSORY NOTE

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Non-recourse Project Financing means any Indebtedness incurred in connection with the financing of all or part of the costs of the acquisition, construction or development of any project, provided that: (i) any Security Interest given by the Bank or the relevant Subsidiary is limited solely to assets of the project; (ii) the Person or Persons providing such financing expressly agrees to limit their recourse to the project financed and the revenues derived from such project as the principal source of repayment for the moneys advanced; and (iii) there is no other recourse to the Bank or the relevant Subsidiary in respect of any default by any Person under the financing; and

  • Secured Promissory Note is defined in Section 2.4.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Limited Recourse Indebtedness means with respect to any Person, Indebtedness to the extent: (i) such Person (A) provides no credit support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (B) is not directly or indirectly liable as a guarantor or otherwise or (C) does not constitute the lender; and (ii) no default with respect thereto would permit upon notice, lapse of time or both any holder of any other Indebtedness (other than the Loans or the Notes) of such Person to declare a default on such other Indebtedness or cause the payment thereof to be accelerated or payable prior to its stated maturity.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Recourse Obligations has the meaning set forth in Section 2.1.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Secured Recourse Indebtedness means the portion of Secured Indebtedness that is not Non-Recourse Debt.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Recourse Indebtedness means Indebtedness that is not Non-Recourse Indebtedness; provided that personal recourse for Customary Recourse Exceptions shall not, by itself, cause such Indebtedness to be characterized as Recourse Indebtedness.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Non-Recourse Indebtedness means Indebtedness the terms of which provide that the lender’s claim for repayment of such Indebtedness is limited solely to a claim against the property which secures such Indebtedness.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Pledge Instruments With respect to each Cooperative Loan, the Stock Power, the Assignment of Proprietary Lease and the Security Agreement.