Seller Promissory Note definition

Seller Promissory Note means an unconditional promissory note for the amount of US$ 2,500,000 (Two Million Five Hundred Thousand United States Dollars) issued by Seller in favor of Buyer and payable on Buyer’s first demand, in the form attached hereto as Exhibit D.
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Seller Promissory Note has the meaning set forth in Section 2.3(b).
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Seller Promissory Note has the meaning set forth in Section 8.9.
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Examples of Seller Promissory Note in a sentence

  • The Housing Authority will provide seller financing in the form of a Seller Promissory Note, secured with a Deed of Trust.

  • The Seller Note Credit Agreement sets forth the terms of the Seller Promissory Note and the loan evidenced thereby (the "Seller Loan").

  • Refer to Note 6 for additional information on the secured Seller Promissory Note.

  • I have recommended a modification to this effect on the basis paragraph 173 of the Framework requires careful attention to viability in plan-making.

  • NOTE RECEIVABLE On October 3, 2022, the Company entered into a five-year secured Seller Promissory Note ("Seller Note Credit Agreement") which matures on October 1, 2027.

  • We can see here that ‘covenant’ is not just an obligation, but the gracious confirmation of an existing relationship.

  • This Agreement is made with full recourse to the Pledgor and pursuant to and upon all the representations, warranties, covenants and agreements on the part of the Pledgor contained herein, in the other Credit Documents, in the Interest Rate Protection or Other Hedging Agreements, the Seller Promissory Note and otherwise in writing in connection herewith or therewith.

  • The result is a sparse matrix, A˜ , of non-zero entries, each reflecting a unique line detection concentrated in one column.

  • In that regard, we note you disclose that the Company is negotiating an amendment to the MIPA to adjust the Cash Consideration and increase the Seller Promissory Note amount issued to the Sellers by up to $10 million in the event of FirstName LastNameDiego Rojas redemptions.

  • On October 3, 2022, the Company entered into a five-year secured Seller Promissory Note ("Seller Note Credit Agreement") which matures on October 1, 2027.


More Definitions of Seller Promissory Note

Seller Promissory Note means that certain Amended and Restated Promissory Note, dated as of February 22, 2013, executed by GFN Mfg and payable to the order of Xxxxx Boston in the stated principal amount of $1,670,000, as the same may be amended, modified or restated from time to time with the prior written consent of Lender.
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Seller Promissory Note the Promissory Note dated as of the Closing Date between the Company and the Seller, substantially in the form of Exhibit IV, as the same may be amended, supplemented or otherwise modified from time to time.
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Seller Promissory Note as defined in the Purchase Agreement. Capitalized terms used in this Note but not otherwise defined herein shall have the meanings ascribed to such terms in the Purchase Agreement, unless otherwise stated herein. 1.
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Related to Seller Promissory Note

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Secured Promissory Note is defined in Section 2.4.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Receivables Purchase Documents means those documents entered into in connection with any series of receivables purchase or sale agreements generally consistent with terms contained in comparable structured finance transactions pursuant to which the Borrower or any of its Subsidiaries, in their respective capacities as sellers or transferors of any receivables, sell or transfer to SPCs all of their respective rights, title and interest in and to certain receivables for further sale or transfer to other purchasers of or investors in such assets (and the other documents, instruments and agreements executed in connection therewith), as any such agreements may be amended, restated, supplemented or otherwise modified from time to time, or any replacement or substitution therefor.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Purchase Documents The mortgage purchase agreements between Xxxxxxx Mac and its Mortgage sellers and servicers, which are the contracts that govern the purchase and servicing of Mortgages and which include, among other things, the Guide and any negotiated modifications, amendments or supplements to the Guide.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Secured Promissory Note Record is a record maintained by each Lender with respect to the outstanding Obligations owed by Borrower to Lender and credits made thereto.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.