Examples of Xxxxxx Note in a sentence
The undersigned Lenders and Additional Xxxxxx Holders acknowledge that they have not transferred, conveyed or assigned any of the Xxxxxx Note, the June 2005 Notes, the September 2005 Notes, the November 2005 Notes or the January 2006 Notes issued to them and the undersigned Lenders and Additional Xxxxxx Holders acknowledge that they have not assigned any rights under the Loan Documents or under the Subordination Agreement.
In accordance with its terms, the Xxxxxx Note becomes due and payable, among other times, within ninety (90) days following the termination of the Letter of Intent.
GBHC and Xxxxxx agree that the Purchase Price equals the $251,000 advanced by GBCC under the Xxxxxx Note as hereafter defined provided that GBHC shall be entitled to any cash on hand in the checking account of Xxxxxx.
GBHC will pay the Purchase Price to GBCC in complete satisfaction of that certain promissory note by Xxxxxx in favor of GBCC dated July 22, 1996 (the "Xxxxxx Note") and in return for the transfer of the ownership of the Xxxxxx Parcel, and the rights to the lease for the Xxxxxx Parcel to FGP (the "Xxxxxx Lease") upon the approval of this Agreement by the Court.
Credit under Facility A shall be in the form of disbursements evidenced by credits to the Borrower's account and shall be repayable as set forth in a Master Xxxxxx Note executed concurrently (referred to in this agreement both singularly and together with any other promissory notes referenced in this Section 1 as the "Notes").