Xxxxxxx Money Note definition

Xxxxxxx Money Note. The Xxxxxxx Money Note shall be returned to Purchaser (A) in the event of failure to close this transaction by reason of a default by Seller or if Purchaser is expressly otherwise entitled to the return of the Xxxxxxx Money Note pursuant to the terms of this Agreement or (B) at Closing.
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Xxxxxxx Money Note. A promissory note in the amount of Seventy Thousand and 00/100 Dollars ($70,000.00), subject to the terms and conditions of this Agreement. The Xxxxxxx Money Note shall be in the form attached to this Agreement as Exhibit E.
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Xxxxxxx Money Note means that certain Promissory Note dated September 10, 1998, made payable by CogenAmerica to the Lender in the original principal amount of $2,500,000.
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Examples of Xxxxxxx Money Note in a sentence

  • Upon the execution of this Agreement (the “Effective Date”), Buyer shall deposit with Transnation Title and Escrow in Snohomish County, Washington (the "Escrow Agent" or "Title Company") a promissory note in the form attached as Exhibit B in the amount of TEN THOUSAND and 00/100 Dollars ($10,000) as an xxxxxxx money deposit (the “Xxxxxxx Money”), payable only in the event that Buyer defaults under this Agreement (the "Xxxxxxx Money Note").

  • On the Closing Date, Buyer shall convert the Xxxxxxx Money Note to cash to be applied toward the Purchase Price, and Buyer shall deposit with Escrow Agent the entire amount of the Purchase Price in cash, as adjusted for any amounts to be charged or credited against the Purchase Price in accordance with this Agreement.

  • Within five (5) business days after Developer gives written notice to County that the conditions in Section 2.7.3 to Developer’s obligation to purchase the Property are waived or satisfied by Developer, Developer shall redeem the Xxxxxxx Money Note for cash and deliver it, in escrow, to the Title Company.

  • If Developer terminates this Agreement under this section, no remedies shall accrue to either Party and all rights and obligations of the Parties under this Agreement shall terminate other than the obligation to cooperate in preparing, executing and recording such documents as may be necessary or desirable to reflect the termination of this Agreement in the real property records of Multnomah County and the Xxxxxxx Money Note shall be returned to Developer.

  • In the event that Developer does not waive or satisfy all such conditions on or before the expiration of the Feasibility Period, Developer may elect, by written notice to County, on or before 5:00 p.m. on the expiration of the Feasibility Period, not to proceed with the transaction contemplated herein, in which event this Agreement shall be null and void without recourse to either Party hereto and the Xxxxxxx Money Note shall be returned to Developer.

  • At Closing, the Xxxxxxx Money Note shall be converted to cash and shall be applied to the Purchase Price.

  • If Buyer fails to provide such Notice of satisfaction prior to expiration of the Contingency Period, the Due Diligence Contingency under this subsection 4.01(a) shall be deemed to have not been satisfied or waived and this Agreement shall automatically terminate and the Xxxxxxx Money Note shall be promptly returned to Buyer, and neither Buyer or nor Seller shall have any further obligation under this Agreement.

  • Within two (2) business days after satisfaction of the Council Approval Contingency set forth in Section 5.2 of this Agreement, the Xxxxxxx Money Note shall be replaced with cash in the same amount as the Xxxxxxx Money Note and such cash shall be deposited into escrow as the xxxxxxx money (the “Xxxxxxx Money”).

  • Provided that all of the conditions set forth in Section 4.1 hereof have been satisfied or waived by Buyer with respect to Property as provided therein, then prior to the end of said Feasibility Period, Buyer shall convert the Xxxxxxx Money Note to cash by the payment of the principal of the Xxxxxxx Money Note (the "Xxxxxxx Money") to Title Company and the Xxxxxxx Money Note shall be returned to Buyer.

  • Not later than two (2) business days following the mutual execution of this Agreement, Buyer shall deposit with Escrow Agent (defined in Section 10.1 of this Agreement) a promissory note in the form attached hereto as Exhibit C the amount of AND NO/100 DOLLARS ($ ) as the initial xxxxxxx money deposit (the "Xxxxxxx Money Note").


More Definitions of Xxxxxxx Money Note

Xxxxxxx Money Note has the meaning set forth in Section 3.1(c) hereof.
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Xxxxxxx Money Note means the promissory note in the form attached hereto as Exhibit D.
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Related to Xxxxxxx Money Note

  • Xxxxxxx Money shall have the meaning assigned thereto in Section 2.3.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Purchase Money Note means a promissory note of a Receivables Subsidiary evidencing a line of credit, which may be irrevocable, from the Company or any Subsidiary of the Company to a Receivables Subsidiary in connection with a Qualified Receivables Financing, which note is intended to finance that portion of the purchase price that is not paid by cash or a contribution of equity.

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Cash Investment Instrument means an Automated Clearing House (“ACH”) transfer, made payable to or endorsed to NCPS in the manner described in Section 3(c) hereof, in full payment for the Shares to be purchased by any Subscriber.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Delivery Note means any separate piece of paper of such colour and size as readily to permit of a clear and legible statement being made thereon and actually bearing such a statement of all information required by the Act and these regulations to be furnished in respect of any goods actually being delivered to a purchaser;

  • Guarantor Security Agreement means any Security Agreement executed by any Guarantor in favor of Agent securing the Guaranty of such Guarantor.

  • Purchase Money Lien means any Lien upon any fixed assets that secures the Purchase Money Indebtedness related thereto but only if such Lien shall at all times be confined solely to the asset the purchase price of which was financed or refinanced through the incurrence of the Purchase Money Indebtedness secured by such Lien and only if such Lien secures only such Purchase Money Indebtedness.

  • Trademark Security Agreement means each Trademark Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit D.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

  • money market instrument means with respect of an Index Calculation Date the Euro Interbank Offered Rate (the "Reference Interest Rate"), as published on Bloomberg page EUR003M Index (or any replacement Bloomberg page which displays that rate) (the "Screen Page") around 11:00 a.m. (London time) on that day.

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Tangible chattel paper means chattel paper evidenced by a record or records consisting of information that is inscribed on a tangible medium.

  • Secured Promissory Note is defined in Section 2.4.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with NMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Purchase Money Obligation means an obligation of an obligor incurred as all or part of the price of the collateral or for value given to enable the debtor to acquire rights in or the use of the collateral if the value is in fact so used.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.