Assignment of Promissory Note Sample Clauses

Assignment of Promissory Note. Concurrent with the payment by Buyer of the Purchase Price, Seller shall execute and deliver to Buyer the Assignment of Promissory Note in the form attached hereto as Exhibit A to which the original executed Promissory Note shall be attached.
AutoNDA by SimpleDocs
Assignment of Promissory Note. In connection with the License transfer, New Tenant and Xxxxxxx Xxxxxx have made a promissory note to Xxxxx X. Xxxxxxxx or his assigns ("Note Holder") in the amount of Two Hundred Thousand dollars ($200,000) ("Promissory Note"). A True and correct copy of the Promissory Note is attached hereto as Exhibit A. Upon the Effective Date, Xxxxx X. Xxxxxxxx does hereby assign, transfer, and set over all right, title, interest, benefit in the Promissory Note to Headgate. Within two business days of the Effective Date, Xxxxx Xxxxxxxx shall deliver a signed and notarized Allonge Endorsement to the Promissory Note in the form attached hereto as Exhibit A together with the original Promissory Note to Headgate at 000 Xxxxxxx Xx, Xxxxxx, XX 00000. Strainwise and Guarantors represent and warrant, as of the Effective Date and date of the Allonge Endorsement, that: (i) Xxxxx Xxxxxxxx is the holder of the Promissory Note; (ii) the Promissory Note has not been assigned, pledged, or otherwise encumbered; (iii) neither Strainwise nor Guarantors have done or permitted any act, matter or thing that could cause the Promissory Note to be released, discharged, or rendered unenforceable; and (iv) the Note Holder has not received any payments on the Promissory Note and the full original principal balance remains due and owing.
Assignment of Promissory Note. The Lender shall have received a fully executed Assignment of Promissory Note in the form of Exhibit E attached hereto.
Assignment of Promissory Note. An assignment (a) by Foods of that certain $15,000,000.00 promissory note from Xxxxxxx'x Processing, Inc. dated October 26, 1990, as such note may be renewed, replaced, or substituted from time to time, and (b) by Xxxxxxx'x Processing, Inc. of all of its interest in that certain $15,000,000.00 promissory note from Carolina Turkeys, as such note may be renewed, replaced, or substituted from time to time; and
Assignment of Promissory Note. Company hereby consents to Xxxxx’x assignment of the Promissory Note to Xxxxxx Xxxx.
Assignment of Promissory Note. FOR VALUE RECEIVED, the Mississippi Business Finance Corporation hereby assigns and transfers, without recourse, to Hxxxxxx Bank, as Trustee, the Promissory Note executed by Gulf South Pipeline Company, LP, in favor of Mississippi Business Finance Corporation in the maximum principal amount of $175,000,000 on this the 5th day of December, 2008. MISSISSIPPI BUSINESS FINANCE CORPORATION By: _____________________________________ Wxxxxxx X. Xxxxx, Executive Director ATTEST: __________________ Cxxxx Xxxxxx, Secretary EXHIBIT D TO LOAN AGREEMENT DATED AS OF DECEMBER 1, 2008 BY AND BETWEEN MISSISSIPPI BUSINESS FINANCE CORPORATION AND GULF SOUTH PIPELINE COMPANY, LX XXXX ADVANCE AND PAYMENT GRID SCHEDULE OF PRINCIPAL ADVANCES AND REPAYMENTS OF PRINCIPAL AND INTEREST SERIES 2008 Amount of Unpaid Principal Amount of Amount of Principal Notation Date Advanced Principal Repaid Interest Paid Balance Made By __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ ____________ __________ ___________ ____________ _____________ _____________ __________ ___________ ____________ ______________ _____________ (Continued on Next Page) Amount of Unpaid Principal Amount of Amount of Principal Notation Date Advanced Principal Repaid Interest Paid Balance Made By __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ___________ __________ ___________ ____________ _____________ ________...
Assignment of Promissory Note. Within sixty (60) days of the date hereof, Borrower shall assign to Lender (in a manner satisfactory to Lender) all of Borrower's rights to payment under that certain Promissory Note, dated June 18, 2001, made by IMPRES Technology Solutions, Inc. ("IMPRES") in favor of Borrower in the original principal amount of One Hundred Sixty-Five Thousand Dollars ($165,000), along with all other rights to payment Borrower may have under that certain Asset Purchase Agreement, dated as of June 18, 2001, by and between Borrower and IMPRES. Lender agrees not to exercise its rights under such notes unless an Event of Default occurs, is continuing and is not cured within the applicable cure period; provided however, Borrower may accept regularly scheduled payments of principal and interest so long as no Event of Default has occurred, is continuing and is not cured within the applicable cure period. Lender further agrees to endorse (without recourse, warranty or representation of any kind) such note to Borrower once all obligations of Borrower to Lender under the Financing Agreements have been satisfied in full and the Loan Agreement has been terminated.
AutoNDA by SimpleDocs
Assignment of Promissory Note. The Seller hereby assigns, transfers, sets over and conveys unto the Buyer, effective as of the Effective Date, (a) its entire right, interest, obligations and undertakings in and to the Promissory Note, subject to the terms, conditions and obligations thereunder, and (b) its entire right, interest, obligations and undertakings in and to the Pledge Agreement, under the terms, conditions and covenants set forth in the Amended and Restated Pledge Agreement.
Assignment of Promissory Note. Security Agreement ------------------------------------------------- and Guaranty. The Assignment of Promissory Note, Security Agreement and ------------- Guaranty, duly executed by Borrower, in the form of Exhibit D attached hereto and incorporated herein by this --------- reference (the "Assignment of Note") and UCC-3 Financing Statements acknowledging the assignment to the Bank, in such form as deemed appropriate by the Bank, in its sole and absolute discretion.
Assignment of Promissory Note. 1.FOR VALUE RECEIVED, the undersigned (the “Seller”) hereby sells, assigns and transfers unto Institutional Financial Markets, Inc., a Maryland corporation (the “Company”), all right, title and interest of the undersigned in and to that certain 10.50% Contingent Convertible Senior Note Due 2027, dated July 22, 2011 (CUSIP 00000XXX0), in the original principal amount of Five Million Dollars ($5,000,000), which was issued by the Company to the Seller in book-entry form only (the “Note”).
Time is Money Join Law Insider Premium to draft better contracts faster.