PAAC Note definition

PAAC Note means the promissory note in the principal amount of $5,000,000, made by PAAC and payable to the order of Borrower, substantially in the form of Exhibit O.

Examples of PAAC Note in a sentence

  • PAAC shall not use the proceeds of advances made pursuant to the PAAC Note for any purpose other than to make premium payments for the benefit of Policyholders with respect to the related insurance policy.

  • A new Exhibit O (PAAC Note), in the form of attached Exhibit O, is added to the Credit Agreement.

  • The PAAC Note, duly executed by an Authorized Signatory of PAAC, together with an allonge endorsement executed in blank by Borrower.

Related to PAAC Note

  • RMB Note means a Note denominated in Renminbi.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Class C Note means any one of the Series 2023-3 7.05% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • 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.