Debt Note definition

Debt Note. Debt note is one of the part of the contract, not specified in the contract or records do not match the loan amount, date of draft, repayment date stated on the debt note, the loan documents shall prevail. There are three Debt Note of the contract:
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Debt Note means the debt instrument evidencing indebtedness of the Borrower to the Investor that is facilitated via the Platform, which shall bear the digital or electronic signatures of SmartFunding, the Borrower, and the Investor (whereby the Investor’s signature shall be signed by SmartFunding on behalf of Investor). Debt Notes facilitated by SmartFunding shall be substantially in the form of the Master Debt Note Agreement;
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Debt Note means this convertible debt instrument.
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Examples of Debt Note in a sentence

  • Any renewal, extension, increase, modification, alteration or rearrangement of all or any part of the Guaranteed Debt, Note, Loan Documents, or other document, instrument, contract or understanding between Borrower and Lender, or any other parties, pertaining to the Guaranteed Debt or any failure of Lender to notify Guarantor of any such action.

  • The undersigned (the “Offeree”) wishes to subscribe for a Subordinated Unsecured Debt Note (“Note(s)”) with an original principal balance (“Principal Balance”) in the amount as set forth on the signature page below.

  • The Recall Debt Note will be secured pursuant to the Security Agreement.

  • Though the Offering is being conducted on a “best-efforts” basis, the Company has set an investment minimum of $1,000,000 USD before the Company will have access to the Investment Proceeds, which means all investment dollars invested in the Company prior to reaching the minimum of $1,000,000 will be held in an investment escrow account, and only after $1,000,000 in securities has been sold to investors (One Thousand Secured Debt Note Units) will the Company have access to the Investment Proceeds.

  • Borrower and Creditor agree that immediately prior to the Merger, as defined in the Loan Agreement, Borrower and Creditor shall convert all principal, interest and other amounts owed under the Subordinated Debt Note and Stock Purchase Agreement into shares of the Borrower’s common stock, and Lender hereby consents to such conversion and the issuance of Borrower stock in connection therewith.

  • The Secured Debt Notes will be offered for sale at a fixed price of $1,000.00 USD per Secured Debt Note.

  • The Interest Rate for each Secured Debt Note will be based on the formula set forth below and varies according to the term of the Secured Debt Note.

  • This Allonge is made to that certain Deed to Secure Debt Note dated as of Dec 30, 2003 executed by Gwinnett Professional Center, Ltd., a Georgia limited partnership and made payable to the order of Archon Financial, L.P., a Delaware limited partnership.

  • This Agreement, the Revolving Credit Note, the Term Loan Note, the Assumed Debt Note, the Limited Guaranty, each of the Subordination Agreements, and such other Financing Agreements as the Lender may require.

  • The Company is entitled to treat the Registered Noteholder shown on its records as the owner of the Secured Debt Note for all purposes.

Related to Debt Note