Grid Promissory Note definition

Grid Promissory Note means that certain Grid Secured Convertible Promissory Note by the Company in the aggregate principal amount of loans made by Parent to the Company thereunder and subject to the terms of the First Letter Agreement and the Second Letter Agreement.
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Grid Promissory Note means a grid promissory note in the form of Schedule B to this Agreement;
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Grid Promissory Note means the revolving credit promissory note in the form of Exhibit A attached hereto to be made and delivered by the Borrower to the Lender concurrently with this Agreement to evidence the Revolver Loan. “Initial Advance” means a cash Advance equal $3,855,322.00 to be used to repay in full the principal of and all accrued interest on the October 18 Loan, October 21 Loan, October 30 Loan, and November 1 Loan. “Instruments” has the same meaning as the definition of “instrument” as contained in the UCC, and also means and includes a negotiable instrument or a security, or any other writing which evidences a right to the payment of money and is not itself a security agreement or lease and is of the type which is, in the ordinary course of business, transferred by delivery with any necessary endorsement or assignment, in all of the above cases, whether now owned or existing or whether hereafter existing, created or acquired. “LC Collateral Account” shall mean the cash deposit account number ******9786 held at Silicon Valley Bank currently securing Borrower’s obligations to Silicon Valley Bank in connection the SVB Letter of Credit. “Lease” means that certain Lease dated April 7, 2023 by and between Lender, as landlord, and ▇▇▇▇▇▇▇▇, as tenant, with respect to the real property and improvements located at the Oklahoma Property. “Loan” means the Revolver Loan. “Loan Documents” shall mean the Note, this Agreement, the Borrower Security Agreement, the Subsidiary Security Agreement. the Account Pledge and Security Agreement, the Subsidiary Guaranty, and all other related documents required by the Lender in connection with the Loan or the other Obligations, all as the same may hereafter be modified, extended, amended, replaced and/or restated from time to time. “Maximum Revolver Loan Availability” means an aggregate principal amount not to exceed Twelve Million and No/00 Dollars ($12,000,000.00) at any one time. “Note” shall mean the Grid Promissory Note, as the same may hereafter be modified, extended, amended, replaced and/or restated from time to time. “Obligations” shall mean the Loan, the Note and other indebtedness, advances, debts, liabilities, obligations, covenants and duties owing by the Borrower to the Lender, or any other Person required to be indemnified, that arises under this Agreement or any other Loan Document, whether or not
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Examples of Grid Promissory Note in a sentence

  • The Loans shall be evidenced by a duly executed and delivered Master Grid Promissory Note in the form of EXHIBIT A.

  • The Loans shall be evidenced by a duly executed and delivered Master Grid Promissory Note in the form of EXHIBIT A (the "NOTE").

  • The Loans shall be evidenced by a duly executed and delivered Master Grid Promissory Note in the form of Exhibit A.

  • The Loans shall be evidenced by a duly executed and delivered Master Grid Promissory Note in the form of Exhibit A (the “Note”).

  • Signature to the Master Grid Promissory Note dated January 08, 2004, by USAA Mutual Fund, Inc., USAA Investment Trust, USAA Tax Exempt Fund, Inc., USAA State Tax-Free Trust and USAA Life Investment Trust (not in their individual capacities, but on behalf of and for the benefit of the series of funds set forth on SCHEDULE A TO THE AGREEMENT) payable to CAPCO.

  • EXHIBIT A Signature to the Master Grid Promissory Note dated January 10, 2002, by USAA Mutual Fund, Inc., USAA Investment Trust, USAA Tax Exempt Fund, Inc., and USAA State Tax-Free Trust (not in their individual capacities, but on behalf of and for the benefit of the series of funds set forth on SCHEDULE A to the Agreement) payable to Bank of America, N.A. USAA MUTUAL FUND, INC., on behalf of and for the benefit of its series of Funds as set forth on SCHEDULE A to the Agreement By: /S/ CHRISTOPHER W.

  • EXHIBIT A Signature to the Master Grid Promissory Note dated January 9, 2003, by USAA Mutual Fund, Inc., USAA Investment Trust, USAA Tax Exempt Fund, Inc., and USAA State Tax-Free Trust (not in their individual capacities, but on behalf of and for the benefit of the series of funds set forth on SCHEDULE A to the Agreement) payable to Bank of America, N.A. USAA MUTUAL FUND, INC., on behalf of and for the benefit of its series of Funds as set forth on SCHEDULE A to the Agreement By: /S/ CHRISTOPHER W.

  • Signature to the Master Grid Promissory Note dated January 11, 2001, by USAA Mutual Fund, Inc., USAA Investment Trust, USAA Tax Exempt Fund, Inc., and USAA State Tax-Free Trust (not in their individual capacities, but on behalf of and for the benefit of the series of funds set forth on Schedule A hereto) payable to Bank of America, N.A. USAA MUTUAL FUND, INC., on behalf of and for the benefit of its series of Funds as set forth on SCHEDULE A to the Agreement By: /S/ MICHAEL J.

  • The Loans shall be evidenced by a duly executed and delivered Master Grid Promissory Note in the form of Exhibit A (the "Note").

  • Notwithstanding anything in the Merger Agreement to the contrary, the amounts due to the Company pursuant to the Demand Grid Promissory Note shall be treated in accordance with the Direction Letter.