Secured Promissory Note definition

Secured Promissory Note is defined in Section 2.4.
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Secured Promissory Note has the meaning given it in Section 2.7.
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Secured Promissory Note means this Secured Promissory Note and each other secured promissory note issued by the Company as of the date hereof.
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Examples of Secured Promissory Note in a sentence

  • 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.

  • The Term Loan shall be evidenced by a Secured Promissory Note in the form attached as Exhibit D hereto (“Secured Promissory Note”) and shall be repayable as set forth in this Agreement.

  • Borrower, Collateral Agent and ▇▇▇▇▇▇▇ agree that the payment of all amounts payable hereunder and under the Secured Promissory Note are expressly subordinated in right of payment to the payment when due of all obligations under the Senior Indebtedness.

  • 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.


More Definitions of Secured Promissory Note

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.
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Secured Promissory Note has the meaning set forth in Section 1.1(b)(ii).
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Secured Promissory Note and “Secured Promissory Notes” as defined in the recitals hereto.
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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.”
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Secured Promissory Note means that certain secured promissory note made by Buyer in favor of Seller in the form attached hereto as Exhibit E, the terms and conditions of which are incorporated herein by reference.
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Secured Promissory Note shall have the meaning set forth in the recitals to this Agreement.
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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.
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