Secured Promissory Note definition

Secured Promissory Note is defined in Section 2.4.

Secured Promissory Note has the meaning given it in Section 2.7.

Secured Promissory Note means the secured promissory note delivered by Purchaser to Seller in respect of the Purchase Price, substantially in the form of Exhibit D hereto, to be delivered at Closing.

Examples of Secured Promissory Note in a sentence

• All payments on the Secured Promissory Note shall be made via automated clearing house transfers of immediately available funds to be initiated by Lxxxxx in accordance with the authorization and direction of Borrower to Lead Lender provided in Exhibit B-6 of this Agreement.

• If any payment on the Secured Promissory Note is due on a day which is not a Business Day, such payment shall be due on the next succeeding Business Day, and such extension of time shall be taken into account in calculating the amount of interest payable under this Note.

• Bxxxxxxx agrees to pay all amounts owing pursuant to the terms of this Agreement, including any financing charge, specified fees, interest and any other charges that may be assessed as provided in this Agreement or as documented in the Business Loan and Security Agreement Supplement (the “Supplement”) or the Secured Promissory Note (as defined below).

• Borrower shall pay all reasonable costs and expenses incurred by or on behalf of Lenders or Collateral Agent in connection with Lenders’ exercise of any or all of its rights and remedies under this Agreement or the Secured Promissory Note, including, without limitation, reasonable attorneys’ fees.

• Principal, interest and all other amounts due with respect to the Term Loan, are payable in lawful money of the United States of America to Lender as set forth in the Loan Agreement and this Secured Promissory Note (this “Note”).

More Definitions of Secured Promissory Note

Secured Promissory Note means this Secured Promissory Note and each other secured promissory note issued by the Company as of the date hereof.

Secured Promissory Note means the Note and Security Agreement in the original principal amount of $2,500,000 issuable by Parent and the Company at Closing to Seller Representative, as nominee for, and for the benefit of, the Stockholders, substantially in the form of the Secured Promissory Note attached hereto as Exhibit G.”

Secured Promissory Note has the meaning set forth in Section 1.1(a).

Secured Promissory Note shall have the meaning set forth in the recitals to this Agreement.

Secured Promissory Note means the loan note created by the Sellers and the Buyer dated 16 June 2016 to give effect to the Buyer Notes referred to in the Original Agreement.

Secured Promissory Note shall have the meaning set forth in Section 2.2(c).

Secured Promissory Note means the Secured Promissory Note, dated as of the date hereof, made to RBC by AG Mortgage Investment Trust, Inc. in the principal amount of $2,000,000, as such note may be increased from time to time.