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.

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

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

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.

• 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.

• 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.

• The foregoing appointment is irrevocable and continuing, and such rights, powers and privileges shall be exclusive in Mortgagee, and its successors and assigns, so long as any part of the Senior Secured Note Obligations remains unpaid or unperformed and undischarged.

• Mortgagor has received a copy of and is fully familiar with the terms and provisions of the Indenture and the other Senior Secured Note Documents.

More Definitions of Secured Note

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

Secured Note has the meaning set forth in the Recitals.

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

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

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

Secured Note. Section 2(g).