Trust Note definition
Trust Note. As defined in the Introductory Statement.
Trust Note has the meaning assigned to that term in the Deposit and Disbursement Agreement.
Trust Note means promissory notes of the Trust that may be created and issued from time to time, that are subordinated and unsecured, have a maturity of five years or less, are prepayable at any time at the Trust’s option prior to maturity, and pay an annual rate of interest equal to the Canada Five-Year Yield, payable monthly in arrears;
Examples of Trust Note in a sentence
If all or any portion of the Whole Loan is modified, the Net Trust Note Rate shall not change for purposes of distributions on the Certificates or the RR Interest.
More Definitions of Trust Note
Trust Note means a promissory note, bond, debenture, debt security or similar evidence of indebtedness issued by Skyline Commercial REIT.
Trust Note means that certain Promissory Note of the Company issued on September 8, 2004 with a principal amount of $200,000 made payable to the Rubin Family Irrevocable Stock Trust due on September 30, ▇▇▇▇.
Trust Note has the meaning set forth in Section 2.1(c)(ii). "U.S. GAAP" means generally accepted accounting principles in the United States of America as in effect from time to time set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and the statements and pronouncements of the Financial Accounting Standards Board, or in such other statements by such other entity as may be in general use by significant segments of the accounting profession, which are applicable to the circumstances as of the date of determination.
Trust Note means an unsecured promissory note of the Fund tendered as payment for the redemption price of Units tendered for redemption;
Trust Note means the “Note” as such term is defined in the Trust Loan Agreement.
Trust Note. As defined in the Preliminary Statement.
Trust Note means the Secured Promissory Note, dated as of the date hereof, issued by MTS to the order of The ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 1994 Children's Trust.