SBA NOTE definition

SBA NOTE. The note or other evidence of indebtedness evidencing the indebtedness of an Obligor under an SBA Loan.
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SBA NOTE means a promissory note executed by a Loan Obligor to evidence an SBA 7(a) Loan.
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SBA NOTE the promissory note evidencing an SBA Loan.
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Examples of SBA NOTE in a sentence

  • NOTE: LENDER MAY USE ITS OWN NOTE AND GUARANTEE AGREEMENTS IN LIEU OF THE SBA NOTE AND GUARANTEE AGREEMENTS.

  • S CONTRACTUAL COMMITMENT TO GIRARD TRUST BANK, THE FACT, MENTIONED IN SBA'S SUBMISSION TO US, THAT SBA WILL HAVE TO RELY UPON THE ASSIGNMENT OF THE BANK'S INTERIM NOTE IF THE BANK IS REIMBURSED RATHER THAN THE MORE COMPREHENSIVE SBA NOTE FORM IS IRRELEVANT IN DETERMINING SBA'S LIABILITY.

  • A PLP LENDER MAKING AN SLA LOAN OR A LENDER WITH DELEGATED AUTHORITY UNDER THE DFP PILOT PROGRAM MAKING A DFP LOAN MAY USE ITS OWN NOTE IN LIEU OF THE SBA NOTE.

  • A PLP LENDER MAKING AN SLA LOAN OR A LENDER WITH DELEGATED AUTHORITY UNDER THE DFP PILOT PROGRAM MAKING A DFP LOAN MAY USE ITS OWN NOTE AND GUARANTEE AGREEMENTS IN LIEU OF THE SBA NOTE AND GUARANTEE AGREEMENTS.


More Definitions of SBA NOTE

SBA NOTE means the U.S. Small Business Administration Note dated October 2, 2000 in principal amount of $875,000 issued by Sxxxxxx & Sons, Inc. and Axxxxx Xxxxxxx to First Trust Bank of Illinois.
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SBA NOTE means that certain promissory note for One Million Dollars ($1,000,000.00) executed by Gold Ranch R.V. Resort, LLC in favor of Community Bank of Nevada on March 22, 2001, SBA Loan #4008294004, with interest thereon at prime plus 1%, amortized over 25 years and 6 months and attached hereto as Exhibit 3 and that certain promissory note for One Million Three Hundred Thousand Dollars ($1,300,000.00) executed by Gold Ranch R.V. Resort, LLC in favor of Community Bank of Nevada on March 22, 2001, due and payable 6 months from the date of its execution, and its extension pursuant to the terms of that note to be amortized for another 25 years with interest thereon at prime plus 1% and attached hereto as Exhibit 3.
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Related to SBA NOTE

  • RMB Note means a Note denominated in Renminbi.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • New Note shall have the meaning assigned to such term in Section 38.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

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

  • 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.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • A Note means, with respect to any A/B Whole Loan, the mortgage note (or notes) included in the Trust that is senior in right of payment to the related B Note or any other subordinated note(s) to the extent set forth in the related Intercreditor Agreement. There are no A Notes related to the Trust as of the Closing Date.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Term A Note means a promissory note made by the Borrower in favor of a Term A Lender evidencing Term A Loans made by such Term A Lender, substantially in the form of Exhibit C-1.

  • Fixed Rate Note means a Note on which interest is calculated at a fixed rate payable in arrear on a fixed date or fixed dates in each year and on redemption or on such other dates as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms);

  • Tranche A Note means a promissory note of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances.

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

  • Swing Note is defined in Section 1.11 hereof.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Committed Note means a promissory note of a Borrower payable to the order of any Lender, in substantially the form of Exhibit A-1, evidencing the indebtedness of that Borrower to such Lender resulting from the Committed Advances made by such Lender to that Borrower.

  • Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Revolver Note means any one of such Revolver Notes.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • 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.

  • SPECIAL NOTE State agencies may make purchases under this Requirements Contract up to $2500.00 using the state of Ohio payment card. Any purchase that exceeds $2500.00 will be made using the official state of Ohio purchase order (ADM- 0523). Any non-state agency, institution of higher education or Cooperative Purchasing member will use forms applicable to their respective agency.