Subordinated Promissory Note definition

Subordinated Promissory Note shall have the meaning specified in Section 2.01(a).
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Subordinated Promissory Note means the 4% Nonrecourse Subordinated Promissory Note due 2010 issued by Glenwood Acquisition LLC, in the aggregate principal amount of $3,275,000.
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Subordinated Promissory Note has the meaning set forth in EXHIBIT A to this Agreement. The indebtedness evidenced by the Subordinated Promissory Note is part of the Subordinated Indebtedness.
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Examples of Subordinated Promissory Note in a sentence

  • All indebtedness, liabilities and obligations of the Borrower to any Restricted Subsidiary shall be made under and evidenced by a Subordinated Promissory Note substantially in the form of Exhibit F (with such changes as the Administrative Agent shall approve), a copy of which Borrower shall deliver to Administrative Agent.

  • On each Payment Date, the Depositor shall repay the accrued interest on, and principal amount of, the Subordinated Promissory Note as and to the extent of any amounts received by the Depositor from proceeds of collections of Receivables, subject, however, to the prior right of the Issuer to receive payments out of the collections pursuant to this Agreement.

  • All references in the Note Purchase Agreement to “Note” or “Notes” shall mean the form of Convertible Secured Subordinated Promissory Note attached hereto as Exhibit 1.

  • The terms of the Subordinated Promissory Note are that it bears interest at three percent and is payable after thirty days written notice by either party.

  • Advances under this Subordinated Promissory Note shall be evidenced by the signature of the Treasurer or Chief Financial Officer of the Holder on the appropriate line of the attached loan grid.


More Definitions of Subordinated Promissory Note

Subordinated Promissory Note means the $25,000,000 unsecured subordinated promissory note made by the Borrower in favor of the Parent dated February 13, 2013, as the same may from time to time be amended, modified, supplemented or restated as expressly permitted by Section 9.04(c).
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Subordinated Promissory Note means the Non-Negotiable Subordinated Promissory Note made by Concordia Healthcare Inc. in favour of Guillermo Herrera, dated December 20, 2013, or any permitted assignee thereof, as amended, modified and/or supplemented from time to time;
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Subordinated Promissory Note means a subordinated promissory note executed in connection with a mortgage loan underlying a Participating Insured Mortgage or another document performing a similar function in connection with such a mortgage loan as the same may be amended from time to time.
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Subordinated Promissory Note is defined in Section 2.5.
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Subordinated Promissory Note means an intercompany promissory note substantially in the form of Exhibit I.
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Subordinated Promissory Note means that certain Subordinated Promissory Note, dated as of August 14, 2018 between Meidu Energy Corporation and MD America Energy, LLC.
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Subordinated Promissory Note means the Subordinated Promissory Note dated as of September 23, 1998 made by the Company to Deans Food Company in principal amount of $30.0 million issued in connection with the consummation of the Acquisition.
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