Common use of Secured Note Clause in Contracts

Secured Note. $[●] No. [●] March [●], 2011 FOR VALUE RECEIVED, CT Legacy Series 2 Note Issuer, LLC, a Delaware limited liability company (the “Issuer”), hereby promises to pay to [●], (the “Holder”), the principal amount of [●] United States Dollars ($[●]) (the “Initial Principal Amount”), as represented by this Secured Note (this “Note”), in accordance with the terms herein.

Appears in 2 contracts

Sources: Exchange Agreement (Capital Trust Inc), Contribution and Exchange Agreement (Capital Trust Inc)

Secured Note. $[●] No. [●] March [●], 2011 FOR VALUE RECEIVED, CT Legacy Series 2 1 Note Issuer, LLC, a Delaware limited liability company (the “Issuer”), hereby promises to pay to [●], ] (the “Holder”), the principal amount of [●] United States Dollars ($[●]) (the “Initial Principal Amount”), as represented by this Secured Note (this “Note”), in accordance with the terms herein.

Appears in 1 contract

Sources: Exchange Agreement (Capital Trust Inc)