Secured Note definition

Secured Note means each promissory note with a related security interest evidenced by written agreement, pursuant to which the purchase of specified assets by an Obligor or End-User is financed for specified monthly, quarterly, semiannual or annual payments.

Secured Note. Each of the Secured Notes, designated as a Secured Note, issued by ACOLT pursuant to the ACOLT Indenture.

Secured Note means this Note, any Additional Secured Convertible Notes issued or any notes issued in replacement of the foregoing.

Examples of Secured Note in a sentence

• Each holder of Senior Secured Notes by accepting a Senior Secured Note waives and releases all such liability.

• Except as set forth in the Priority of Payments and Article XIII of this Indenture, the Secured Notes are secured by the Grant equally and ratably without prejudice, priority or distinction between any Secured Note and any other Secured Note by reason of difference in time of issuance or otherwise.

• This Senior Secured Notes Supplemental Indenture shall form a part of the Senior Secured Notes Indenture for all purposes, and every holder of a Senior Secured Note heretofore or hereafter authenticated and delivered shall be bound hereby.

• Such indemnified parties may have separate counsel and the Issuers, BP I and the Additional Senior Secured Note Guarantor, as applicable, shall pay the fees and expenses of such counsel.

• All covenants and agreements of the Issuers and the Additional Senior Secured Note Guarantor in this Senior Secured Notes Supplemental Indenture and the Senior Secured Notes shall bind their respective successors and assigns.

More Definitions of Secured Note

Secured Note has the meaning set forth in the Recitals.

Secured Note means that certain Secured Note, dated as of March 24, 2010, from AAC to the Segregated Account.

Secured Note means the Secured Note issued by AAC to the Segregated Account on the Petition Date, as amended, modified or supplemented from time to time.

Secured Note is defined in Section 1.3(a)(1)(A).

Secured Note. Section 1(F).

Secured Note has the meaning set forth in Section 1.2(b).

Secured Note means each promissory note of the Lessor having a maturity date more than 270 days from its date of issuance, issued pursuant to a Secured Note Agreement and the proceeds of which are used to pay Acquisition Cost or Capitalized Cost or to pay borrowings previously incurred by the Lessor in connection with the financing of its acquisition or ownership of Nuclear Fuel and the holder of which is entitled to the benefit of the security interest granted to the Assignee pursuant to a Security Agreement.