Promissory Note definition

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.

Promissory Note means any promissory note executed and delivered by a Borrower upon the request of a Lender evidencing the amount of principal owed by such Borrower to such Lender under the Credit Agreement.

Promissory Note means a promissory note of the Borrower payable to any Lender or its registered assigns, in substantially the form of Exhibit L hereto, evidencing the aggregate outstanding principal amount of Loans of the Borrower to such Lender resulting from the Loans made by such Lender.

Examples of Promissory Note in a sentence

• Also enclosed is the Promissory Note which you must sign and return to the OPWC Loan Officer, Xxxxx XxXxxx.

• I understand and agree that should I fail to make payments when due in accordance with the notice sent to me by HESC, its agents and/or contractors under this Service Contract and/or the Promissory Note, the remaining balance shall become immediately due and owing, and the State of New York will actively pursue me to collect the debt.

• Subject to the holders of Promissory Notes with a face value in the amount of approximately USD0.58 million extending the maturity date of their Promissory Notes by six (6) months, K2 shall also extend the maturity date of its Promissory Note with a face value in the amount of USD1.0 million by six (6) months from April 4, 2013 to October 4, 2013.

• This Promissory Note is one of the Notes referred to in, and is entitled to the benefits of, the Credit Agreement.

• At such time that Borrow has no outstanding loan obligations to First Security Bank, and at least fifty percent (50%) of the Units have been sold, funds from all future Unit sales will repay the Lender pro-rata as follows: the number of remaining Units in the Project divided by the total due under the Promissory Note.

More Definitions of Promissory Note

Promissory Note means a promissory note of the Borrower payable to any Lender or its registered assigns, in substantially the form of Exhibit G, evidencing the aggregate outstanding principal amount of Loans of the Borrower to such Lender resulting from the Loans made by such Lender.

Promissory Note means the promissory note described in section 2.3.

Promissory Note means an instrument that

Promissory Note means an instrument that evidences a promise to pay a monetary

Promissory Note has the meaning given to it in Section 2.

Promissory Note shall have the meaning set forth in Section 2.01.

Promissory Note means an instrument that evidences a