Secured Promissory Note definition

Secured Promissory Note is defined in Section 2.4.

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Secured Promissory Note has the meaning given it in Section 2.7.

Secured Promissory Note means this Secured Promissory Note and each other secured promissory note issued by the Company as of the date hereof.

Examples of Secured Promissory Note in a sentence

If any payment on the Secured Promissory Note is due on a day which is not a Business Day, such payment shall be due on the next succeeding Business Day, and such extension of time shall be taken into account in calculating the amount of interest payable under this Note.
All payments on the Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lender in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.
The Term Loan shall be evidenced by a Secured Promissory Note in the form attached as Exhibit D hereto (“Secured Promissory Note”) and shall be repayable as set forth in this Agreement.
The remaining Two Million Seven Hundred Fifty Thousand and No/100 Dollars ($2,750,000.00) shall be paid pursuant to the terms of the Secured Promissory Note attached hereto as EXHIBIT A (the “Note”).
On the effective date of this Guaranty, the Beneficiary sold all of his equity in the business entities described on Exhibit A to SPAR MARKETING FORCE, INC., a Nevada corporation (“Debtor”), for cash and the Debtor’s Secured Promissory Note in the aggregate principal amount of TWO MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS and NO/100 ($2,750,000.00), evidenced by a secured promissory note from the Debtor to the Beneficiary (the “Secured Promissory Note”).

More Definitions of Secured Promissory Note

Secured Promissory Note means the secured promissory note delivered by Purchaser to Seller in respect of the Purchase Price, substantially in the form of Exhibit D hereto, to be delivered at Closing.

Secured Promissory Note has the meaning set forth in Section 1.1(b)(ii).

Secured Promissory Note and “Secured Promissory Notes” as defined in the recitals hereto.

Secured Promissory Note means the Note and Security Agreement in the original principal amount of $2,500,000 issuable by Parent and the Company at Closing to Seller Representative, as nominee for, and for the benefit of, the Stockholders, substantially in the form of the Secured Promissory Note attached hereto as Exhibit G.”

Secured Promissory Note means that certain secured promissory note made by Buyer in favor of Seller in the form attached hereto as Exhibit E, the terms and conditions of which are incorporated herein by reference.

Secured Promissory Note means the loan note created by the Sellers and the Buyer dated 16 June 2016 to give effect to the Buyer Notes referred to in the Original Agreement.

Secured Promissory Note shall have the meaning set forth in the recitals to this Agreement.