Subordinate Note definition
Subordinate Note means the promissory note or other evidence of the Subordinate Indebtedness and any replacement of the Subordinate Note.
Subordinate Note means each B Note.
Subordinate Note. Any Class M1, Class M2, Class M3, Class M4, Class M5, Class M6 or Class M7 Note.
Examples of Subordinate Note in a sentence
The principal of the Subordinate Note will have a balloon principal payment of $349,889.00 due at Maturity.
No scheduled annual payments under the Subordinate Note have been prepaid.
The promissory note evidencing the Subordinate Note obligates Borrower to make payments as follows: no interim payments are due and payable prior to Maturity, subject to available Surplus Cash.
The original principal amount of the Subordinate Note is $349,889.00.
The Subordinate Loan is evidenced by the Subordinate Note and is secured by the Subordinate Mortgage.
More Definitions of Subordinate Note
Subordinate Note means each of Note B-1 and Note B-2.
Subordinate Note means the B Note.
Subordinate Note. Any Class M or Class B Note.
Subordinate Note means the promissory note of even date herewith issued by Borrower to Subordinate Lender, or order, to evidence the Subordinate Loan.
Subordinate Note. Any Class M-1 Note, Class M-2 Note or Class M-3 Note.
Subordinate Note means any of the Note B, Note C, Note D, Note E and Note F.
Subordinate Note. Any [Class MF-1], [Class MF-2], [Class MF-3], [Class MF-4], [Class MF-5], [Class MF-6], [Class MF-7], [Class MF-8], [Class BF], [Class MV-1], [Class MV-2], [Class MV-3], [Class MV-4], [Class MV-5], [Class MV-6], [Class MV-7], [Class MV-8] or [Class BV] Note.