NHP Note definition

NHP Note means any note or similar obligation to pay money from Borrower or a Borrower affiliate to Nationwide Health Properties or one of its affiliates, individually and collectively.
Sample 1

Examples of NHP Note in a sentence

  • MATURITY: All unpaid amounts owing under the New NHP Note shall be due and payable ten (10) years after the Effective Date.

  • In full satisfaction of the NHP Secured Claims, NHP shall receive within ten (10) Business Days after the later of (x) the Effective Date, or (y) the date the NHP Secured Claims become Allowed Class SM-7 Claims, the indubitable equivalent of the Allowed NHP Secured Claims, in the form of (i) the Cash Pay Down, and (ii) the New NHP Note.

  • COLLATERAL: The New NHP Note shall be secured by a first priority lien on the skilled nursing facility known as Mariner Health of Kensington, and all tangible and intangible personal property located at or relating solely to the foregoing facilities upon which NHP holds validly perfected, nonavoidable liens as of the Confirmation Date.

  • The New NHP Note shall include the following terms: PRINCIPAL AMOUNT: The New NHP Note shall be in a principal amount equal to the Allowed NHP Secured Claim, less the Cash Pay Down.

  • PAYMENTS AND AMORTIZATION: The New NHP Note shall be payable in equal, monthly installments of principal and interest, calculated on a twenty-five year amortization schedule following the Effective Date, with the remaining balance fully due and payable ten (10) years after the Effective Date.

  • INTEREST: The New NHP Note shall bear interest at a fixed, annual rate equal to the Secured Creditor Rate, which rate shall be fixed as of the Effective Date.

  • Interest income Interest income represents amounts earned on cash balances and the NHP Note receivable.

  • Finally, Borrower will pay to Lender, in full or partial prepayment hereunder, concurrently with any payment made under the NHP Note, an amount equal to the amount so paid under the NHP Note multiplied by a fraction, the numerator of which is the principal amount then outstanding under this note and the denominator of which is the principal amount then outstanding under the NHP Note.

  • Aggregate Consideration Cash at Closing $15,550,000 NHP Note $4,000,000 Seller Costs paid by Buyer $750,000 Assumption of Goldberg/CDM Inc.

  • The increase in interest income from 2011 to 2012 is a result of the interest earned on the NHP Note from November 16, 2012 to December 31, 2012 in the amount of $269,589.

Related to NHP Note

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

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

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

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

  • RMB Note means a Note denominated in Renminbi.

  • 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.

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

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Existing Note shall have the meaning given to such term in the preamble hereto.

  • Special Note Items with a "N" in the "Included in MSA?" column require IBM owner to do the following: 1. Submit a Custom Purchase Letter and 2. Attach the EZForm with all the details and pricing / citing the BEID file, version 2.x (or where ever you got the information) to kickoff the AT&T special handling process. AT&T Generally Available Service Schedule of Charges

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

  • 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.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

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

  • Exchange Note means the Closed-End Exchange Note.

  • Revolver Note means any one of such Revolver Notes.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Physical Note means a Note (other than a Global Note) that is represented by a certificate substantially in the form set forth in Exhibit A, registered in the name of the Holder of such Note and duly executed by the Company and authenticated by the Trustee.

  • Defeased Note shall have the meaning set forth in Section 2.4.1(a)(v) hereof.

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.

  • Owned Note shall have the meaning assigned to such term in Section 32.

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

  • Surplus Note means a promissory note executed by an Insurance Subsidiary of the type generally described in the insurance industry as a “surplus note,” the principal amount of which an insurance regulator permits the issuer to record as an addition to capital and surplus rather than as a liability in accordance with SAP.

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.