Negotiable Promissory Note Sample Clauses

Negotiable Promissory Note. No. Date: We, the undersigned, hereby undertake to pay Airport City Ltd. the amount of NIS 175,000 (one hundred and seventy five thousand NIS) at the following date: Place of Payment: Bank Branch The amount of this Promissory Note is linked to the Consumer Price Index in Israel as detailed below: The Index of September 2004, published on October 15, 2004 and which stood at 100.6 points shall be considered as the basis for the calculation of Linkage Differentials (hereinafter: “the Basic Index”) compared with the most recently published Index prior to the effective payment date of this Promissory Note (hereinafter: “The New Index”). The Index shall mean: the Consumer Price Index including fruit and vegetables published by the Central Bureau of Statistics. If on the effective payment date for this Promissory Note the New Index is higher than the Basic Index, the amount of the Promissory Note shall be increased in New Israel Shekels by the same ratio as the increase of the New Index as compared with the Basic Index (hereinafter: “the Updated Amount”). From the payment date stipulated in this Promissory Note and up until the effective date of this Promissory Note, annual linked interest shall be added to the Updated Amount at the rate of 8%. The holder of this Promissory Note shall be exempt from any duty imposed upon the holder of notes, including presentment for payment, notice of dishonor and/or protest. The maker/s of the note: Name: Address: Tel.: Private Regd. Co. No. Signature of the maker of the note: Appendix F The Building’s Maintenance Xxxxxx Appendix G The Letter of Undertaking to Bank Leumi Appendix H
Sample 1
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Negotiable Promissory Note. Findlay, Ohio December 4, 2015 FOR VALUE RECEIVED, the undersigned, MPLX LP, a Delaware limited partnership (the “Borrower”), hereby promises to pay to MPC Investment LLC, a Delaware limited liability company (the “Lender”) an amount equal to the aggregate principal amount of the Loan as set forth on Schedule 1 attached hereto and determined in accordance with that certain Loan Agreement, dated as of December 4, 2015, by and between the Borrower and the Lender (the “Loan Agreement”), payable at such times, and in such amounts, as are specified in the Loan Agreement. Capitalized terms used and not defined herein have the meanings given to them in the Loan Agreement. The Borrower promises to pay interest on the unpaid principal amount of the Loan from the Effective Date until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Loan Agreement. Both principal and interest payable to the Lender under this Non-negotiable Promissory Note are to be paid in U.S. Dollars to an account or accounts specified by the Lender via wire or interbank transfer of immediately available funds. This Non-negotiable Promissory Note is issued pursuant to, governed by and is entitled to the benefits of, the Loan Agreement. The Loan Agreement, among other things, contains provisions providing for the acceleration of the Maturity Date of the unpaid principal amount of the Loans upon demand by the Lender or upon the occurrence of certain stated events and allowing for prepayments on account of the Borrower prior to the Maturity Date upon the terms and conditions specified in the Loan Agreement. Demand, diligence, presentment, protest and notice of non-payment are hereby waived by the Borrower. THIS NON-NEGOTIABLE PROMISSORY NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF OHIO.
Sample 1

Related to Negotiable Promissory Note

  • Negotiable Collateral In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

  • Promissory Notes Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its permitted registered assigns) and in a form attached hereto as Exhibit C. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its permitted registered assigns).

  • Negotiable Instruments Seller will remove any supply of Seller’s money orders, official checks, gift checks, travelers’ checks or any other negotiable instruments located at each of the Branches on the Closing Date.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Negotiable Documents, Instruments and Chattel Paper The Grantor has, contemporaneously with the execution and delivery of this Security Agreement, delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments and chattel paper, including all negotiable documents, instruments and chattel paper evidencing Receivables, currently owned or held by the Grantor (duly endorsed in blank, if requested by the Administrative Agent).

  • Secured Promissory Notes The Term Loans shall be evidenced by a Secured Promissory Note or Notes in the form attached as Exhibit D hereto (each a “Secured Promissory Note”), and shall be repayable as set forth in this Agreement. Borrower irrevocably authorizes each Lender to make or cause to be made, on or about the Funding Date of any Term Loan or at the time of receipt of any payment of principal on such Lender’s Secured Promissory Note, an appropriate notation on such Lender’s Secured Promissory Note Record reflecting the making of such Term Loan or (as the case may be) the receipt of such payment. The outstanding amount of each Term Loan set forth on such Lender’s Secured Promissory Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender’s Secured Promissory Note Record shall not limit or otherwise affect the obligations of Borrower under any Secured Promissory Note or any other Loan Document to make payments of principal of or interest on any Secured Promissory Note when due. Upon receipt of an affidavit of an officer of a Lender as to the loss, theft, destruction, or mutilation of its Secured Promissory Note, Borrower shall issue, in lieu thereof, a replacement Secured Promissory Note in the same principal amount thereof and of like tenor.

  • Promissory Notes and Tangible Chattel Paper If the Debtor shall at any time hold or acquire any promissory notes or tangible chattel paper, the Debtor shall forthwith endorse, assign and deliver the same to the Secured Party, accompanied by such instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

  • Negotiability This Warrant is issued upon the following terms, to all of which each taker or owner hereof consents and agrees:

  • Warehouse Receipts Non-Negotiable If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

  • Receivables Not To Be Evidenced by Promissory Notes Except in connection with its enforcement or collection of an Account, the Servicer will take no action to cause any Receivable to be evidenced by an instrument (as defined in the UCC as in effect in the State of Delaware). SECTION 17.

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