Conventional Loan Note definition

Conventional Loan Note means a promissory note, described in Section 2.07(a) and being substantially in the form of Exhibit A-1, issued by the Company to the order of any Lender evidencing the Conventional Loans made to the Company by such Lender.
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Examples of Conventional Loan Note in a sentence

  • The date, amount, Type and interest rate of each Conventional Loan made by each Lender, and all payments made on account of the principal thereof, shall be recorded by such Lender on its books and, prior to any transfer of the Conventional Loan Note held by it, endorsed by such Lender on the schedule attached to such Note or any continuation thereof; provided that the failure of a Lender to make any notation shall not affect the Company's obligations in respect of such Loan.

  • The date, amount, Type, interest rate and maturity date of each Conventional Loan made by each Lender, and all payments made on account of the principal thereof, shall be recorded by such Lender on its books and, prior to any transfer of the Conventional Loan Note held by it, endorsed by such Lender on the schedule attached to such Note or any continuation thereof; provided that the failure of a Lender to make any notation shall not affect the Company's obligations in respect of such Loan.