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

• 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.

• Parking costs will be aggregated with mileage and limited by the cost of applicable coach air travel costs.

• This Note may be an Unsecured Note or a Secured Note, depending on the Security Status shown in the applicable Pricing Supplement.

• If neither the Issuer nor the Guarantor (pursuant to the terms of the Guarantee) has paid all amounts due to Noteholders within a period of 3 Collateral Business Days following the occurrence of a Secured Note Acceleration Event, Noteholders may send a notice in writing to the Security Trustee (in the case of English Law Notes) or the Security Agent (in the case of French Law Notes) requesting that the relevant Pledge Agreement be enforced in accordance with the terms of the Base Prospectus.

• The Co-Issuers also expect that payments by participants to owners of beneficial interests in a Global Secured Note or Regulation S Global Subordinated Note held through the participants will be governed by standing instructions and customary practices, as is now the case with securities held for the accounts of customers registered in the names of nominees for the customers.

More Definitions of Secured Note

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

Secured Note has the meaning set forth in the Recitals.

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

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 2(g).

Secured Note means the secured promissory note dated as of April 25, 2018, and executed by the Borrower in favor of the Administrative Agent for the benefit of each of the Lenders which constitutes the ‘Series 2018A Secured Obligation’ (as defined in Supplement 41 to the Indenture).