JMB Note definition

JMB Note means that certain Amended and Restated Demand Note dated as of August 1, 1995, made payable by the Maker to JMB providing for a maximum outstanding principal amount of $40,000,000, as the same may be amended or restated from time to time.

Examples of JMB Note in a sentence

  • All such amounts received by JMB, either from the Borrower or 245, shall be applied to the Liabilities in the manner set forth in the Restated Promissory Notes and the JMB Note.

  • JMB shall apply any amounts received from Maker as a prepayment under Section 5 above to reduce Maker's outstanding indebtedness under the Restated Promissory Note I, this Restated Promissory Note II, the Restated Promissory Note III or the JMB Note, in such order, as JMB, in its sole discretion, shall elect.

  • JMB shall apply any amounts received from Maker as prepayments in accordance with Section 5 above to reduce Maker's outstanding indebtedness under the JMB Note the Restated Promissory Note I, the Restated Promissory Note II or this Restated Promissory Note III, in such order as JMB, in its sole discretion, shall elect.

  • Any proceeds of any of the Collateral may be applied by JMB to the payment of expenses in connection with the Collateral, including reasonable attorneys' fees and legal expenses, and any balance of such proceeds shall be applied by JMB toward the payment of such of the Liabilities (including the Restated Promissory Notes and the JMB Note), and in such order of application, as JMB may from time to time elect, with the excess, if any, to be paid to Borrower.

  • JMB shall apply any amounts received from Maker as prepayments in accordance with Section 7 above to reduce Maker's outstanding indebtedness under the JMB Note, this Restated Promissory Note I, the Restated Promissory Note II or the Restated Promissory Note III, in such order as JMB, in its sole discretion, shall elect.

Related to JMB Note

  • RMB Note means a Note denominated in Renminbi.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Class C Note means any one of the Series 2023-3 7.05% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.