Demand Note definition

Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;
Demand Note means that certain Demand Note dated as of the date hereof executed by DTAC in favor of the Borrower, which note has been pledged and assigned to the Program Agent for the benefit of the Secured Parties pursuant to this Agreement, as such note may be amended, restated, supplemented or otherwise modified from time to time.
Demand Note shall have the meaning assigned to such term in Section 2.10(g).

Examples of Demand Note in a sentence

  • This Demand Note is the Demand Note referred to in the Intercompany Loan Agreement and is entitled to the benefits and obligations thereof.

  • This Demand Note shall be governed by, construed and interpreted in accordance with the law of the State of Illinois.

  • The amount towards damages shall be paid within three days from the date of Demand Note / Invoice.

  • The interest rate reset date shown represents the date in which the Fund has the right to sell a Variable Rate Demand Note (“VRDN”) back to the issuer for Principal Amount.

  • Paragraph captions used in this Demand Note are provided solely for convenience of reference only and shall not affect the meaning or interpretation of any provision of this Demand Note.


More Definitions of Demand Note

Demand Note is defined in Section 2.9 of the Transfer and Servicing ----------- ----------- Agreement.
Demand Note means a note received by the Sales Tax Recovery Officer from the referring authority specifying the details regarding the defaulter and the Government dues;
Demand Note means that certain Demand Note, dated as of May 23, 2007 made by DTAG to RCFC in substantially the form attached as Exhibit B to this Supplement.
Demand Note. This Note is and shall be construed as a "demand instrument" under the Uniform Commercial Code. Bank may demand payment of the indebtedness outstanding under this Note or any portion thereof at any time. BANK'S REMEDIES - In the event that any payment hereunder is not made when due or demanded, Bank may, immediately or any time thereafter, exercise any or all of its rights hereunder or under any agreement or otherwise under applicable law against Borrower, against any person liable, either absolutely or contingently, for payment of any indebtedness evidenced hereby, and in any collateral, and such rights may be exercised in any order and shall not be prejudiced by any delay in Bank's exercise thereof. At any time after such non-payment, Bank may, at its option and upon five days written notice to Borrower, begin accruing interest on this Note at a rate not to exceed five percent (5%) per annum in excess of the rate of interest provided for above on the unpaid principal balance hereof; provided, however, that no such interest shall accrue hereunder in excess of the maximum rate permitted by law. All such additional interest shall be payable upon demand. NOTICE TO BORROWER - Any notice required to be given by Bank under the provisions of this Note shall be effective as to each Borrower when addressed to Borrower and deposited in the mail, postage prepaid, for delivery by first class mail at Borrower's mailing address as it appears on Bank's records.
Demand Note means, in the case of _____________, the Demand Note dated __________, from [_______________] to ________________.
Demand Note means a Note required to be purchased by or on behalf of the Corporation, at the option of the Holder thereof, upon receipt of a Purchase Demand.
Demand Note means that certain Demand Note, dated of even date herewith, executed by TPG/CALSTRS to Guarantor, in the original principal amount of $15,000,000, payable upon demand from Guarantor to TPG/CALSTRS, in the event that Guarantor defaults in its payment obligations under the Guaranty of Non-Recourse Obligations.