Underlying Note definition

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

Underlying Note means one or more promissory notes, if any, executed by an Obligor evidencing a Collateral Loan.

Underlying Note. The promissory note of an Obligor evidencing a Loan.

Examples of Underlying Note in a sentence

• The Custodian shall notify the Collateral Administrator of the Custodian’s receipt of any sealed envelopes described in Section 5.01(o) purporting to contain any original assignment of any Collateral Asset or any original executed Underlying Note with respect to any Collateral Asset.

More Definitions of Underlying Note

Underlying Note. One or more promissory notes executed by the applicable Obligor evidencing a Collateral Obligation.

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

Underlying Note means the promissory note of an Obligor evidencing a Loan (excluding any Noteless Loan).

Underlying Note. Each promissory note (if any) of an Obligor evidencing a Loan.

Underlying Note. With respect to any Commercial Real Estate Loan, the promissory note or other evidence of indebtedness or agreements evidencing the indebtedness of an Obligor under such Commercial Real Estate Loan.

Underlying Note. One or more promissory notes executed by the applicable Obligor evidencing a Loan.

Underlying Note. With respect to a Loan (other than a Noteless Loan or a Participation), the promissory note of an Obligor evidencing such Loan.