Common use of The Promissory Note Clause in Contracts

The Promissory Note. The outstanding principal amount of the Loan shall be evidenced by and subject to the terms of a promissory note, dated of even date herewith, substantially in the form set forth as Exhibit 1 hereto (as amended, renewed, restated, increased, consolidated or substituted from time to time, the "Note") payable to the order of the Lender and representing the obligation of the Borrower to pay the Lender the amount of the Loan, with interest thereon, as prescribed in Section 1.3. All references to the "Note" in this Loan Agreement, the Security Agreement, the Pledge Agreement, each Leasehold Mortgage or Mortgage (each as defined in this Loan Agreement) and in such other agreements and documents executed and delivered in connection with this Loan Agreement shall be deemed to be references to the Note referred to in this Section.

Appears in 1 contract

Samples: Loan Agreement (Paxson Communications Corp)

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The Promissory Note. The outstanding principal amount of the Loan shall be evidenced by and subject to the terms of a promissory note, dated of even date herewith, substantially in the form set forth as Exhibit 1 hereto (as amended, renewed, restated, increased, consolidated or substituted from time to time, the "Note") payable to the order of the Lender and representing the obligation of the Borrower to pay the Lender the amount of the Loan, with interest thereon, as prescribed in Section 1.31.04. All references to the "Note" in this Loan Agreement, the Security Agreement, the Pledge Agreement, each and the Leasehold Mortgage or Mortgage (each as defined in this Loan Agreement) ), the mortgages or deeds of trust referred to in Section 3.04 of the Loan Agreement and in such other agreements and documents executed and delivered in connection with this Loan Agreement shall be deemed to be references to the Note referred to in this Section.

Appears in 1 contract

Samples: Loan Agreement (Paxson Communications Corp)

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The Promissory Note. The outstanding principal amount of the Loan shall be evidenced by and subject to the terms of a promissory note, dated of even date herewith, substantially in the form set forth as Exhibit 1 hereto (as amended, renewed, restated, increased, consolidated or substituted from time to time, the "Note") payable to the order of the Lender and representing the obligation of the Borrower to pay the Lender the amount of the Loan, with interest thereon, as prescribed in Section 1.31.04. All references to the "Note" in this Loan Agreement, the Security AgreementAgreements, the Pledge AgreementAgreements, each and the Leasehold Mortgage or Mortgage (each as defined in this Loan Agreement) ), the mortgages or deeds of trust referred to in Section 3.04 of the Loan Agreement and in such other agreements and documents executed and delivered in connection with this Loan Agreement shall be deemed to be references to the Note referred to in this Section.

Appears in 1 contract

Samples: Loan Agreement (Paxson Communications Corp)

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