Promissory Notes definition

Promissory Notes. Security", "Record", "Security Account", "Software", and "Supporting Obligations".

Promissory Notes means any or all of the foregoing.

Promissory Notes means the promissory notes described in Part II of Schedule 1 (The Original Participating Creditors) of the 2009 Financing Agreement.

Examples of Promissory Notes in a sentence

• Upon receipt of such notice, the Parties agree to execute all documents and take all necessary actions and consummate all necessary transactions to accomplish the Rescission for legal and Tax purposes by restoring the Parties to the position, or as close as possible to the position, they would have been in had the Merger not been consummated; which may include the return of cash payments and Promissory Notes, repurchase of assets and re-issuance of membership interests.

• Any amounts payable to Holdings pursuant to this Article VI shall be satisfied: (i) by set-off against any amounts owed under the Promissory Notes in accordance with Section 8.6; and (ii) to the extent such amounts exceed the amount outstanding under the Promissory Notes, from the Target Company Members in accordance with their Pro Rata Shares pursuant to Section 8.6.

• Unless otherwise provided herein or in the Promissory Notes, no interest shall be paid or accrued for the benefit of Target Company Members on the Promissory Note Principal Amount.

• None of the Accounts in which any Grantor has any right, title or interest is or will be evidenced by Promissory Notes or other Instruments.

• Unless otherwise provided herein or in the Promissory Notes, no interest shall be paid or accrued for the benefit of Target Company Stockholders on the Promissory Note Principal Amount.

More Definitions of Promissory Notes

Promissory Notes chattel paper", "letters of credit", "letter-of-credit rights", "fixtures", "farm products" and "money"; and all other goods and personal property of every kind, tangible and intangible, whether or not governed by the California Uniform Commercial Code.

Promissory Notes means the Promissory Notes in the aggregate principal amount equal to the Promissory Note Principal Amount, to be issued by Holdings at Closing for the benefit of the Target Company Members, in form and substance satisfactory to the Parties.

Promissory Notes as defined in Section 2.4(b)(ii).

Promissory Notes means promissory notes of the Borrower, substantially in the form of Exhibit A hereto, evidencing the obligation of the Borrower to repay the Loans, and "PROMISSORY NOTE" means any one of such promissory notes issued hereunder.

Promissory Notes shall have the meaning set forth in Article 9 of the UCC.

Promissory Notes the collective reference to any promissory note evidencing Loans.

Promissory Notes shall have the meaning accorded to such term in the UCC.