MB Promissory Note definition

MB Promissory Note means the Promissory Note, dated as of September 30, 2011 (as amended or otherwise modified), made by BEI Beach LLC in favor of Bxxxxxx Enterprises, Inc. in the initial principal amount of $17,500,000.
Sample 1

Examples of MB Promissory Note in a sentence

  • Except for the MB Mortgage and the MB Promissory Note, prior to or at the Closing, the Company shall (and shall cause each of its Subsidiaries to) fully and finally satisfy all outstanding (a) Indebtedness of the Purchased Business Subsidiaries, (b) Liabilities owed by any of the Purchased Business Subsidiaries to the Company and/or any of the Company’s Affiliates and (c) Retained Liabilities, so that none of the Purchased Business Subsidiaries is subject to any Retained Liabilities following the Closing.

Related to MB Promissory Note

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Secured Promissory Note is defined in Section 2.4.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Secured Promissory Note Record is a record maintained by each Lender with respect to the outstanding Obligations owed by Borrower to Lender and credits made thereto.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Revolver Note means any one of such Revolver Notes.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Note A shall have the meaning assigned to such term in the recitals.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Prior Loan Agreement is defined in Recital A.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.