Initial Promissory Note definition
Initial Promissory Note has the meaning provided in Section 2.03(b)(iii).
Initial Promissory Note means the Promissory Note issued by the Borrower to the Lender dated April 2, 1999 as extended on July 1, 1999 with an aggregate principal amount of $11,000,000.
Initial Promissory Note means that certain promissory note, dated as of February 21, 2006, made by Earth Biofuels and payable to the Stockholder in the principal amount of $850,000.
Examples of Initial Promissory Note in a sentence
The Company acknowledges and agrees that from time to time after the date hereof and prior to the Closing, the SPAC and the IPO Sponsor shall be entitled to enter into one or more promissory notes in substantially the same form as the Initial Promissory Note (the “Additional Promissory Note” and together with the Initial Promissory Note, the “Promissory Notes”) pursuant to which the IPO Sponsor has agreed to provide to the SPAC loans for working capital, any SPAC Extension or other purposes.
More Definitions of Initial Promissory Note
Initial Promissory Note shall have the meaning set forth in the recitals.
Initial Promissory Note means the promissory note issued by the SPAC to the IPO Sponsor, pursuant to which the IPO Sponsor has agreed to provide to the SPAC loans for an aggregate principal amount up to $150,000 in total in accordance with the terms thereof.