Installment Note. The Collateral Trustee shall have received the Installment Note, together with a transfer instrument executed by the Borrower naming the Collateral Trustee as transferee. The Installment Note and instrument of transfer shall have been submitted to the "Paying Agent" referenced in the Installment Note for registration of transfer, and such Paying Agent shall have registered such transfer, recorded the transfer on the Installment Note and delivered the Installment Note to the Collateral Trustee.
Installment Note. On or after the Partial Repayment Date, the Predecessor Parent Pledgor commences any actions or proceedings against the LP Parent in respect of any amounts owed to it under that certain installment note made by the LP Parent in favor of the Predecessor Parent Pledgor in connection with the Borrower Interest Purchase and Sale Agreement, and such actions or proceedings have an adverse effect on any of the Pledged Policies, any other Collateral, any of the Pledged Interests, or any of the rights or interests of the Administrative Agent or any of the Lenders hereunder or under any other Transaction Document.
Installment Note. The unpaid principal amount of $68,026.48 due to Bank from Borrower under the Installment Note shall be paid to the Bank on December 31, 2003.
Installment Note. Buyer shall have executed and delivered to Seller the Installment Note in the amount of the Purchase Price pursuant to Section 2.02;
Installment Note. WCI shall deliver to Garrx x xon-interest bearing promissory Note (the "Note") in the principal amount of One Hundred Thousand Dollars ($100,000), which Note shall be unsecured and paid to the Shareholder in twnety-four (24) equal monthly installments of Four Thousand One Hundred Sixty-Six Dollars and Sixty-Seven Cents ($4,166.67) and shall be substantially in the form of Exhibit 1.5(c) attached hereto.
Installment Note. An Installment Promissory Note, substantially in the form attached hereto as Exhibit D-2 (the "Installment Note"), made payable to Seller in the principal amount of One Million Five Hundred Thousand Dollars ($1,500,000), bearing interest at the rate of five percent (5%) per annum, with a maturity date that is thirty-six (36) months after the Closing Date. The Installment Note shall be payable in thirty-six (36) equal monthly installments of principal and interest, based on a sixty (60) month amortization, with the unpaid principal balance due and payable in full on the maturity date. The principal amount and any accrued interest of the Installment Note shall be offset by an amount equal to (i) any downward adjustment contemplated by Section 7.3 hereof or Section 7.4 hereof, and (ii) any Damages sustained by Buyer; provided, however, the Installment Note shall be offset only and to the extent that the principal balance of the Contingent Note has been reduced to zero; and provided further that any offset for Damages shall be subject to the provisions of Section 13.5 hereof; and provided further that any offset against the Installment Note shall not exceed One Hundred Thousand Dollars ($100,000).
Installment Note. The Company's borrowing of Forty-Three Thousand Two Hundred Seventy-Five Dollars and Ten Cents ($43,275.10) under the Installment Loan is evidenced by an Installment Note (Secured) (herein called the "Installment Note") dated as of January 3, 1995 in the original principal amount of Forty-Three Thousand Two Hundred Seventy- Five Dollars and Ten Cents ($43,275.10) made by the Company payable to the order of the Bank and previously delivered to the Bank.
Installment Note. The Installment Note shall bear a fixed interest rate of 5% per annum and will be payable in three (3) installments of one hundred thousand dollars ($100,000.00), with accrued interest unless paid prior thereto, pursuant to and subject to all terms and conditions described in the note.
Installment Note. On or about June 24, 2000, if the ---------------- installment note received in connection with the sale of the Fort Xxxxx timberlands (the "Fort Xxxxx Note") were to be monetized at that point in time based upon the then existing facts and circumstances, G-P believes that the proceeds from such monetization would have been not less than $350 million, and the interest earned on the Fort Xxxxx Notes would have been greater than or equal to the interest paid on the note issued in such monetization.
Installment Note. Upon Bank’s confirmation of the full payment of the outstanding principal and interest on the Installment Note, SPV agrees to release the Installment Note (without recourse and without representation or warranty of any kind (either express or implied)) to Company as set forth in Exhibit “H” “Release and Satisfaction of Promissory Note,” and to issue to Bank the Certificate as set forth in Exhibit “I” “Certificate,” confirming all payments on the Installment Note have been made in full.
