Examples of Note Indebtedness in a sentence
E-4 Retirement of Note Indebtedness................................................................
Levying an Ad Valorem Tax for the Support of the City Government of the City ofTerrell Hills and to Pay Interest and Sinking Fund on Note Indebtedness of Said City, All Said Taxes Being Levied for the Fiscal Year Beginning January 1, 1961 and Ending December 31, 1961.
Bond and Note Indebtedness – The Town issues general obligation bonds and notes to provide funds for the acquisition and construction of major capital facilities.
Maker acknowledges that pursuant to any transfer, assignment or similar agreement (a “Transfer Agreement”) which may be entered into by and between Payee and any assignee or transferee (any such assignee or transferee, an “Assignee”), this Note, and the Note Indebtedness, may be assigned or transferred in whole or in part by Payee to an Assignee.
In connection with any such assignment or transfer, either the Payee or any Assignee may serve or continue to serve as collateral agent (the “Collateral Agent”) for both itself and such other party, with respect to the Other Indebtedness which is, or shall continue to be, owed by Maker to Payee, as well as with respect to the Note Indebtedness.