SunTrust Note definition

SunTrust Note means the Promissory Note, dated May 19, 1997, made by the Guarantor in the original principal amount of $25,000,000 and made payable to SunTrust Bank.
SunTrust Note means the subordinated promissory note issued by the Company to SunTrust on January 25, 2000, maturing on the Maturity Date, or such earlier date as provided herein, at which time all principal, interest and other amounts owing hereunder shall be due and payable in full, and bearing

Examples of SunTrust Note in a sentence

  • He testified that the Promissory Note was intended to evidence Mr. Jenkins’ agreement to pay the SunTrust Note in the amount of $750,000 along with the $14,194.43 principal on the Promissory Note plus interest.

  • Because FTS maintained a line of credit with SunTrust Bank and the SunTrust Note was due to mature that year, FTS inquired about extending the note, and the bank agreed to extend the line of credit provided that Mr. Guerry sign a personal guarantee.

  • Mr. Jenkins did not pay any of the amounts owed under the SunTrust Note or the Promissory Note, and (4) Mr. Guerry paid the amounts owed under the SunTrust Note.

  • Mr. Guerry supported his motion with a memorandum of law and a statement of undisputed facts that cited the Promissory Note, the SunTrust Note , the Agreement, and the unanswered requests for admission.

  • Mr. Guerry testified that he made payments on the SunTrust Note and tracked those payments on a spreadsheet, which was admitted into evidence without objection.

  • Adding the amount Mr. Guerry paid on the SunTrust Note, $899,929.35, to $19,076.13, Mr. Guerry arrived at a total of $919,005.48.

  • In all, Mr. Guerry’s payments on the SunTrust Note totaled $899,929.35, including principal, interest, and late charges.

  • In exchange, Defendants promised to pay the remaining debt on the SunTrust Note with interest, as well as any attorney’s fees or other legal expenses incurred by Mr. Guerry incident to the enforcement of the Agreement.


More Definitions of SunTrust Note

SunTrust Note means that certain Promissory Note, dated as of August 15, 2000, executed by the Borrower in favor of SunTrust Bank in the committed amount of $5,000,000, as amended or modified.
SunTrust Note means the Promissory Note, dated May 19, 1997, made by the Borrower in the original principal amount of $25,000,000 and made payable to SunTrust Bank.

Related to SunTrust Note

  • Trust Notes As defined in the Introductory Statement.

  • RMB Note means a Note denominated in Renminbi.

  • Note A shall have the meaning assigned to such term in the recitals.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Bridge Note means a promissory note made by the Borrower in favor of a Bridge Lender, evidencing Bridge Loans made by such Bridge Lender, substantially in the form of Exhibit C-2.

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

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Note Certificate means a certificate issued to each Registered Holder in respect of its registered holding of Notes;

  • Demand Note means the note issued by the rating authority, in relation to the premises for the purpose of levying non-domestic rates prescribed by Scottish Ministers for the financial year, in respect of which a claim is made under this Determination;

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Master Note means a Master Promissory Note in the form mandated by Section 432(m)(1)(D) of the Higher Education Act, as added by Pub. L. 105-244,ss. 427,112 Stat. 1702 (1998) as amended by Public Law No: 106-554 (enacted December 21, 2000) and as codified at 20 U.S.C.ss. 1082(m)(1).

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Noteless Loan means a Loan with respect to which (i) the related loan agreement does not require the obligor to execute and deliver an Underlying Note to evidence the indebtedness created under such Loan and (ii) no Underlying Notes are outstanding with respect to the portion of the Loan transferred to a Fund.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Class C Note means any one of the Series 2015-1 3.96% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C‑1, Exhibit C‑2 or Exhibit C‑3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • Revolver Note means any one of such Revolver Notes.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • PLEASE NOTE The Revisor's Office cannot perform research for or provide legal advice or interpretation of Maine law to the public. If you need legal assistance, please contact a qualified attorney.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

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

  • Registered Note means a Note in registered form;

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.