Demand Promissory Note definition

Demand Promissory Note means Security provided to the Lender by the Borrower and substantially in the form found in Schedule B of this Agreement.

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Demand Promissory Note means the Demand Promissory Note in the format prescribed by the Lender, to be executed by the Borrower/s jointly or severally, to secure payment of the Loan given to the Borrower/s individually and/or in a group.

Demand Promissory Note means the demand promissory note delivered by the Borrower in the form set out in Part A Schedule 5.

Examples of Demand Promissory Note in a sentence

As a condition of receiving a sabbatical, a teacher shall sign a Sabbatical Agreement and a Demand Promissory Note as negotiated between the Board and the Association, and on file in the district personnel office.
Upon completion of employment for a period of three (3) years subsequent to completion of the leave of absence, and having fulfilled the conditions of the Sabbatical Agreement, a teacher's Demand Promissory Note filed with the Board will be voided by the Board.
The Demand Promissory Note shall also be voided in event of the death or total disability of the teacher.
Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Demand Promissory Note and Warrant Purchase Agreement dated on May 22, 2023 (the “SPA”), among the Company and the Investor.
In the event of death or permanent disability, the Demand Promissory Note will be voided by the Board.

More Definitions of Demand Promissory Note

Demand Promissory Note means the demand promissory note executed by the Borrower in favour of the Lender with agreed rate of interest, undertaking repayment of the same.

Demand Promissory Note means that certain promissory note dated March 3, 1995 from Option One to Fleet National Bank, evidencing the Intercompany Debt.

Demand Promissory Note. This Is Schedule "E" to the Share Purchase Agreement dated April 1"% 2002 among KS E-Media Holdings, Inc., ▇▇▇▇▇ International Enterprises Inc. and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇. FOR VALUE RECEIVED KS E-MEDIA HOLDINGS, INC. unconditionally promises to pay to or to the order of ▇▇▇▇▇ INTERNATIONAL ENTERPRISES INC. on demand at Vancouver, British Columbia the sum of C$25,000.00 (Twenty-Five Thousand Canadian Dollars), and to pay interest from the date of this Promissory Note on the said sum or the amount from time to time remaining unpaid at 10% per annum. Such interest shall be calculated and payable annually on the anniversary date of this Note while this Note is outstanding, both before and after demand, default and judgment. The principal and interest of this Promissory Note shall be paid in Canadian dollars without set-off or counterclaim.

Demand Promissory Note means the promissory note to be executed, jointly and severally, by the Ocean Bank Judgment Debtors in favor of the Debtor in the principal amount of $370,807.80 on the Effective Date to guaranty the Ocean Bank Plan Payments.

Demand Promissory Note means an instrument in the nature of a promissory note issued by the Company in favour of the Debenture Trustee in a form and manner acceptable to the Debenture Trustee;

Demand Promissory Note means the demand promissory note dated as of August 16, 1999 entered into between the Company and Paris Properties Private Limited.

Demand Promissory Note means the money bond executed by the Borrower in favour of the Bank with agreed rate of interest undertaking return of the same.