Examples of FF&E Note in a sentence
On the Effective Date, other than its property which constitutes the Excluded Assets, ACBA will sell, transfer, convey and assign, without recourse, all of its right, title and interest in and to its assets which comprise the Park Place Property to Park Place free and clear of any liens, claims, encumbrances or interests, other than the Wraparound Note, the FF&E Note and the Wraparound Mortgage, which will be assumed by Park Place.
If any sum is paid to Manager on account of any Basic or Incentive Management Fee after the occurrence and during the continuation of a monetary Event of Default under the Participating Lease or a default under the FF&E Note, such sum shall be promptly redeposited by Manager in the appropriate Hotel Accounts.
Upon written notice from the Partnership of the occurrence -------------------- of any monetary Event of Default by the Lessee under the Participating Lease or any default under that certain promissory note given by Lessee to Lessor in connection with the transfer of certain personal property at the Hotel (the "FF&E Note"), no further payments of any Basic and Incentive Management Fees shall be made to the Manager during the continuation of such Event of Default or default.
The proceeds of the Term Funded Loans shall be applied by the Borrowers to repay in full the then outstanding principal balance of the Existing FF&E Note.
The consideration for any such purchase may be evidenced by and paid in accordance with an FF&E Note.
Interior design and FF&E Note: Home Forward will retain the services of a surveyor for general work of the Project.
This initial correction is usually accompanied by an order for FFE Note: DEU does not use the LRF Adjustment procedure.
The remaining cash flow from FF&E and lease payments under the President FF&E Note and Lease is distributed as follows: (1) The Plan will dedicate all remaining payments by the President relating to the FF&E purchase to payment of the Allowed Claims of the AmGam Unsecured Creditor body, and all cash in the AmGam estate at the time of confirmation shall likewise be so dedicated.