Promissory Note definition

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 Note means any promissory note executed and delivered by a Borrower upon the request of a Lender evidencing the amount of principal owed by such Borrower to such Lender under the Credit Agreement.
Promissory Note means a promissory note of the Borrower payable to any Lender or its registered assigns, in substantially the form of Exhibit G, evidencing the aggregate outstanding principal amount of Loans of the Borrower to such Lender resulting from the Loans made by such Lender.

Examples of Promissory Note in a sentence

  • In order to evidence its debt to the Energy Commission hereunder, the Xxxxxxxx agrees to, contemporaneously with the execution of this Agreement, execute and deliver to the Energy Commission the Promissory Note (attached as Exhibit B hereto).

  • The Loan shall bear simple interest at the annual rate set forth in the attached Promissory Note on the principal balance of Loan funds disbursed to the Borrower.

  • The Energy Commission agrees to disburse funds to the Borrower upon the Borrower’s execution of the attached Promissory Note and required supplemental documents, including invoices as required in Section 3.B below.

  • The Borrower also authorizes such further acts as are necessary, including execution of the Promissory Note, to implement and further the intent of this Agreement.

  • All funds disbursed hereunder, together with all interest payable thereon, shall be repaid to the Energy Commission in accordance with the terms of the Promissory Note.


More Definitions of Promissory Note

Promissory Note means an instrument that
Promissory Note means the promissory note described in section 2.3.
Promissory Note means an instrument that evidences a promise to pay a monetary
Promissory Note has the meaning given to it in Section 2.
Promissory Note shall have the meaning set forth in Section 2.01.
Promissory Note means an instrument that evidences a
Promissory Note shall have the meaning set forth in Section 1.4(b).