Common use of Note Receivable Clause in Contracts

Note Receivable. A promissory note that is now or hereafter made and executed by an Applicable Underlying Borrower to the order of Borrower, evidences an Applicable Underlying Loan, and may be secured in part by an Applicable Mortgage.

Note Receivable. A With respect to any Borrower, a promissory note that is now or hereafter made and executed by an Applicable Underlying Borrower to the order of such Borrower, evidences an Applicable Underlying Loan, and may be is secured in part by an Applicable Inventory Mortgage and/or a Construction Mortgage.

Note Receivable. A promissory note that is now or hereafter made and executed by an Applicable Underlying Borrower to the order of Borrower, evidences an Applicable Underlying Loan, and may be is secured in part by an Applicable Mortgage.

Note Receivable. A promissory note that is now or hereafter made and executed by an Applicable Underlying Borrower to the order of Borrower, evidences an Applicable Underlying Loan, and may be is secured in part by an Applicable Inventory Mortgage and/or a Construction Mortgage.