New Promissory Note definition

New Promissory Note means a Promissory Note originated by the Originator and which meets the New Eligibility Criteria.
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New Promissory Note means the promissory note subscribed by the ACCREDITED in favor of BANCOMER, and it additionally documents the Additional Credit
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New Promissory Note means the promissory note substantially in the form set out in Exhibit C;
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Examples of New Promissory Note in a sentence

  • In the event of termination of the Agreement and the abandonment of the Merger pursuant to this Article XII, all obligations of the parties shall terminate, except the obligations of the parties pursuant to this Section 12.2 and except for the provisions of Sections 8.2 and 8.4; provided, however, that OCG shall remain obligated to CMPI under the New Promissory Note in accordance with the terms thereof, and nothing herein shall relieve any party from liability for any breach of this Agreement.

  • On the Effective Date (as defined below), the Lessee shall pay any accrued and unpaid interest due under the Tranche B Loan to Lessor, and Lessor shall use a portion of the proceeds from the issuance of the New Promissory Note (as defined below) to repay to the Tranche B Bank the Tranche B Loan in full, such that on the Effective Date, the amount of the Tranche B Loan shall equal $-0-.

  • Whether Liberty’s entry into the Eighth LMA, Liberty’s New Promissory Note, or Liberty’s New Deed of Trust had the effect of releasing Blocks A, D, and E from Liberty’s Original Deed of Trust.

  • On and after the Effective Date, the New Promissory Note, the First Amendment to Note Purchase Agreement, the Amended Liquidity Agreement, and the Amended Asset Purchase Agreement shall each constitute an Operative Document.

  • Contemporaneously with the execution of this Agreement, [The Point] is executing construction and development loan documents evidenced by [Liberty’s New Promissory Note] in the original principal amount of$2,545,843.31, payable to [Liberty] , secured by, among other things, a deedof trust encumbering [Blocks A, D, and E].

  • Unless Borrower is in default of his --------------------------------- payment obligations under the New Promissory Note for a period of ten (10) days after written notice from the Corporation of such default, Borrower shall be entitled, except as otherwise provided in Section 3, to receive all cash distributions and cash dividends in respect of the Pledged Stock and to exercise all voting and other consensual rights pertaining to the Pledged Stock.

  • Vidović,A.: ¨ Nova zadužnica u prometu¨ (New Promissory Note in Circulation), Poslovni magazin, no.

  • The terms and conditions of the New Promissory Notes, which shall be issued by Reorganized ATX and guaranteed by certain Reorganized Debtors, shall be substantially similar in all material respects to those contained in the form of the New Promissory Note to be filed as part of the Plan Supplement.

  • Under the terms of the 2010 LOC, the NAIC made available to the IIPRC up to $850,000 evidenced by a new Promissory Note (2010 New Promissory Note).

  • The Village will forgive the entire balance of the New Promissory Note that exists as of the Actual Retirement Date.


More Definitions of New Promissory Note

New Promissory Note means the promissory note in the principal amount of Two Million Four Hundred Thousand Dollars ($2,400,000), made by Oro Chile and The Russells to the order of Pacrim.
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Related to New 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 B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • 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.

  • 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 Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

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

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

  • 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.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated 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.

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

  • Repayment Agreement means an agreement

  • 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.

  • Revolver Note means any one of such Revolver Notes.

  • 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.

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

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

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

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

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.