MT Note definition

MT Note means that certain Multiple Advance Promissory Note dated October 1, 2003, as amended, issued by the Company to the MT Family Partnership, an Arizona limited partnership.
View Source
MT Note has the meaning set forth in Section 3.2.3.
View Source

Examples of MT Note in a sentence

  • The outstanding amount of the Loans set forth on such Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Bank, but the failure to record, or any error in so recording, any such amount on such Note Record shall not limit or otherwise affect the obligations of the Borrower hereunder or under any MT Note to make payments of principal of or interest on any MT Note when due.

  • The Company is obligated to pay off the MT Note in full prior to the Closing.

  • One MT Note shall be payable to the order of each Bank in a principal amount equal to such Bank's MT Commitment or, if less, the outstanding amount of all MT Loans made by such Bank, plus interest accrued thereon, as set forth below.

  • Each payment of any Unpaid Reimbursement Obligations or prepayment of MT Loans shall be allocated among the Banks, in proportion, as nearly as practicable, to each Reimbursement Obligation or (as the case may be) the respective unpaid principal amount of each Banks' MT Note, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.

  • The Borrower irrevocably authorizes each Bank to make or cause to be made, at or about the time of receipt of any payment of principal on such Bank's MT Note, an appropriate notation reflecting such payment on the Note Record attached to such Bank's MT Note.

Related to MT Note

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

  • Contract Note means a written confirmation issued by the ICAV pursuant to Clauses 27 to 32 hereof;

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

  • o Note The account name to which EFT payments will be paid is to the name submitted on Part II of this form. • Routing Number: Enter the bank or financial institutional nine-digit routing number, including applicable leading zeros.

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