Second Note definition

Second Note means the promissory note signed by Borrower together with this Loan Agreement and given to the Secretary to evidence Borrower's promise to repay, with interest, Loan Advances by the Secretary secured by the Second Security Instrument.

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Second Note has the meaning set forth in Section 2.2(a)(iii).

Second Note means the “Restated 2019-2 Note” as such term is defined in the Third Second Lien Credit Agreement.

Examples of Second Note in a sentence

In each case pursuant to the Security Agreement, dated as of the date hereof between the Company, its Subsidiaries and the Holder, the Note will be senior to all obligations of the Company and its Subsidiaries (other than the First Note and the Second Note which shall be pari passu in right of payment with the Note).
In each case pursuant to the Security Agreement, dated as of the date hereof between the Company, its Subsidiaries and the Holder, the Note will be senior to all obligations of the Company and its Subsidiaries (other than the Second Note and the Third Note which shall be pari passu in right of payment with the Note).
The Note will have a first lien (pari passu in right of payment with the Second Note and, if issued, the Third Note) on all of the current and future assets (including IP) of the Company and its Subsidiaries.

More Definitions of Second Note

Second Note has the meaning given in the recitals.

Second Note means that certain 11 3/4% Subordinated Convertible Promissory Note dated June 30, 1994 in the amount of $26,000,000 issued by Tath▇▇ ▇▇▇shore to DeepTech, as amended, restated, supplemented or otherwise modified from time to time.

Second Note means the Secured Convertible Promissory Note made in consideration of a $2.9 million loan made by Holder to Kips Bay.

Second Note means the mortgage note executed to evidence the Mortgagor’s obligation to repay a Second Mortgage Loan, if any, which instrument shall be in the then- effective form required by the Issuer and substantially in the form as set forth in the applicable Administrator’s Guidelines.

Second Note means the Senior Second Lien Secured Convertible Note due 2025, dated April 13, 2021, issued by the Issuer in favor of the Second Holder.

Second Note means the Amended and Restated Senior Secured Convertible Note due April 6, 2027 issued by the Company to the Holder in the original principal amount of $720,000.

Second Note means the secured promissory note, in the form attached hereto as Exhibit E, to be issued by Buyer to Seller pursuant to Section 2.2(c).