Member Promissory Note definition

Member Promissory Note means any promissory note, electronic or tangible, indorsed to the Borrower and representing a Member Loan that is facilitated by the Borrower’s lending platform; provided that such promissory note corresponds with one or more Member Payment Dependent Notes or Trust Certificates.

Examples of Member Promissory Note in a sentence

  • Lender: TVP Investments, LLC By: /s/ Xxxxx Xxxxx By: /s/ Xxxxx Xxxxx Title: President Managing Member Promissory Note $500,000.00 February 15, 2011 This Promissory Note (the "NOTE") is made and executed as of the date referred to above, by and between SSTL, Inc., a Nevada corporation (the "BORROWER"), and TVP Investments, LLC ("LENDER").

  • Borrowers shall not make demand on the Sole Member Promissory Note while any of the Obligations are outstanding.

  • Lender: DEVCAP PARTNERS, LLC By: Xxxxxxx Xxxxxxx By: Xxxxx X’Xxxxxxx Title: President Title: Managing Member Promissory Note $450,000 February 25th, 2014 This Promissory Note (the "NOTE") is made and executed as of the date referred to above, by and between the TearDroppers Inc., a Nevada corporation (the "BORROWER"), and DEVCAP Partners, LLC ("LENDER").

Related to Member 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.

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

  • 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.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

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

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

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • 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.

  • 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.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • 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.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

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

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • 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;

  • Pledge Agreement means the pledge agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties, as amended or modified from time to time in accordance with the terms hereof.

  • 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.

  • 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.

  • Intercompany Agreement means the agreement regarding the treatment of certain existing intercompany balances entered into on June 11, 2020 by and among ODBINV S.A. - Em Recuperação Judicial, Odebrecht S.A. - Em Recuperação Judicial and Odebrecht Engenharia e Construção S.A., as generally described and summarized in “The Restructuring – Treatment of Intercompany Claims” of the Consent Solicitation Statement.

  • Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and PPWSA pursuant to Section 3.02 of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Financing Agreement.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.