Short Term Note definition

Short Term Note is defined in Section 7.C of this Settlement Agreement.

Short Term Note shall have the meaning set forth in Section 2.2(c).

Short Term Note means that certain promissory note, dated as of February 5 original principal amount of $12,000,000, executed by the Company in favor o “Subscription Amount” means $25,300,000. “Subsidiary” means any subsidiary o Company as set forth on Schedule 3.1(a) attached hereto.

Examples of Short Term Note in a sentence

• As a consequence, the Management Company will carry out its administration and representation and will meet the established legal obligations applicable to the Fund and will be responsible for their fulfilment to the Short Term Note Holders and any other ordinary creditors of the Fund to the limit of its own estate.

• The projects were temporarily financed with advances from the General Fund until the Short Term Note is obtained.

• The Short Term Note Holders and other ordinary creditors of the Fund will have no right of action against the Management Company managing the Fund except when it is in breach of its obligations, or when it lacks the required diligence for their fulfilment or as a result of its neglect of what is established in the Deed of Incorporation, in this Offering Circular and in current applicable legislation.

• Ownership of each Short Term Note will be conveyed through accounting transfer.

• Long Term Short Term Note: Some balance sheet categories, for example debtors, include both items that are financial instruments and items which are not financial instruments.

More Definitions of Short Term Note

Short Term Note means the Senior Secured Note dated as of November 2, 2004 by Maker in favor of Payee in the original aggregate principal amount of $4,000,000, as it may be amended, restated, modified or replaced in substitution by any other note or notes from time to time.

Short Term Note means that certain promissory note, dated as of February 5, 2007, in the original principal amount of $12,000,000, executed by the Company in favor of the Purchaser.

Short Term Note means the notes to be issued by one or more Obligors to the US Borrower after the first utilisation of the B Facility or B1 Facility hereunder".

Short Term Note means that certain promissory note, dated as of February 5, 2007, in the original principal amount of $12,000,000, executed by the Company in favor of the Purchaser. “Subscription Amount” means

Short Term Note means a piece of paper a company issues as a promise to pay back money with interest after a certain period of time.

Short Term Note. The promissory note evidencing the Short Term Loan."

Short Term Note means that certain Short Term Promissory Note in the original principal amount of $5,000,000 dated the date hereof from Debtor to Creditor.