Secured Promissory Notes Sample Clauses

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.
Secured Promissory Notes. At the election of any Lender made as to each Credit Facility for which it has made Credit Extensions, each Credit Facility shall be evidenced by one or more secured promissory notes in form and substance satisfactory to Agent and Lenders (each a “Secured Promissory Note”). 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.
Secured Promissory Notes. Section 2.5 of the Loan Agreement hereby is amended and restated in its entirety to read as follows:
Secured Promissory Notes. Buyer shall issue to Seller three secured promissory notes as follows: BCInet - APA
Secured Promissory Notes. Section 2.4 is amended in its entirety and replaced with the following:
Secured Promissory Notes. With regard to those two separate Secured Promissory Notes issued by the Executive to North Atlantic Trading Company, Inc. on March 31, 2002 in the original principal amounts of $958,499.02 and $475,071.30, respectively, the Company agrees that the interest payments due on March 31, 2006 and March 31, 2007 may be deferred and paid by the Executive upon the maturity of such Secured Promissory Notes on March 31, 2008.
Secured Promissory Notes. Contractor shall have executed and delivered ------------------------ the Asset Note and the Inventory Note, each of which shall be in full force and effect.
Secured Promissory Notes. The Guarantor shall pay, reimburse and indemnify the Holders from any and all damages, costs, expenses, losses and other liabilities arising or resulting from the failure of the Debtor to pay the Class A-1 and Class A-2 Secured Promissory Notes when due or the failure of Debtor to otherwise perform under the Class A-1 and Class A-2
Secured Promissory Notes. Secured Promissory Notes made and acknowledged by Buyer in the amount required hereunder for such closing in the form attached hereto as Exhibit B;
Secured Promissory Notes. The Borrower shall have issued the Secured Promissory Notes dated as of the date hereof to the Agent for the benefit of the Lenders pursuant to the terms of the Closing Date Warrant and the Delayed Draw Warrant, as amended, restated, amended and restated, supplemented and otherwise modified from time to time prior to the date hereof.