Commitment Note definition

Commitment Note shall have the meaning set forth in Section 2.7.

Commitment Note shall have the meaning specified in Section 2.1(b).

Commitment Note means the 5% promissory note in the principal amount of $100,000.00, attached as Exhibit C hereto, to be issued by the Company to the Investor as of the date hereof.

Examples of Commitment Note in a sentence

• Borrower may prepay principal on the Term Commitment solely in accordance with the provisions of the Term Commitment Note.

• A Note Rate range is not available under a Best Efforts Delivery Commitment.If the Note Rate for the proposed mortgage loan changes, the PFI must contact the MPF Service Center prior to submitting the delivery request with the ULDD/XML file to request that the Best Efforts Delivery Commitment Note Rate be changed to match the new Note Rate.

• The Commitment Note shall be deemed earned upon the execution of this Agreement.

• Upon execution of this Agreement, the Company shall issue the Commitment Note to Investor for its commitment to enter into this Agreement.

• The Commitment Note shall be earned in full upon the execution of this Agreement, and the Commitment Note is not contingent upon any other event or condition, including but not limited to the effectiveness of the Registration Statement or the Company’s submission of a Put Notice to the Investor.

More Definitions of Commitment Note

Commitment Note means the convertible promissory note in the principal amount of $25,000.00, attached as Exhibit D hereto, issued by the Company to the Investor on February 3, 2020.

Commitment Note means the 8% promissory note in the principal amount of $150,000.00, attached as Exhibit C hereto, issued by the Company to the Investor on September 11, 2017.

Commitment Note means the 8% convertible promissory note in the principal amount of $90,000.00, attached as Exhibit C hereto, issued by the Company to the Investor on February 9, 2017.

Commitment Note means those certain 8% convertible promissory notes in the total aggregate amount of $210,000.00 (in the amount of $105,000.00 to L2 and $105,000.00 to SBI), attached as Exhibit C hereto, issued on May 19, 2017.

Commitment Note means the 8% convertible promissory note in the principal amount of $57,500.00, attached as Exhibit C hereto.

Commitment Note means the 8% convertible promissory note in the principal amount of $32,500.00, attached as Exhibit C hereto, issued by the Company to the Investor on February 8, 2017.

Commitment Note means the convertible promissory note in the amount of $50,000.00, attached as Exhibit C hereto, issued on March 23, 2017.