Note and Security Sample Clauses

Note and Security. Said Loan shall be evidenced by the Note, shall be payable in monthly installments and shall have a maturity date of not later than ____________. Said Note shall be executed by the Borrower and be payable to the Lender, and shall be secured by the Mortgage[s], of even date herewith, on the Premises. The Mortgage[s] shall constitute [a first mortgage lien] [first mortgage liens of equal priority] on the Premises and the improvements erected thereon and the only lien thereon except other liens acceptable to the Lender and HUD.
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Note and Security. 13 3.1 NOTE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 3.2 SECURITY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
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Note and Security. The Loan shall be evidenced by the Note ----------------- executed by the Borrower, as maker, and delivered to the Bank, at the Closing of the Loan. The Loan, and all of the agreements, obligations, covenants, representations and warranties of Borrower contained in this Loan Agreement, are secured by the following "SECURITY DOCUMENTS" executed and delivered by the Borrower to the Bank at the Closing of the Loan, to-wit:
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Note and Security. The Loan will be evidenced by that certain Revolving Promissory Note of even date herewith, made by Borrowers payable to the order of Bank in the face principal amount of Eighteen Million Dollars ($18,000,000.00) (the "Note"), and shall be secured by all of the following: (i) a first priority mortgage lien upon, and a first priority security interest in, the Fawn Lake Project, pursuant to that certain Credit Line Deed of Trust and Security Agreement dated December 30, 1997, of record in Deed Book 1521, Page 447 in the Office of the Recorder of Spotsylvania County, Virginia, and pursuant to a Conditional Assignment of Leases, Rents, Contracts, Income and Proceeds dated December 30, 1997, of record in Deed Book 1521, Page 501 in the aforesaid Office, both as amended by an Amendment to Security Documents of even date herewith; (ii) a first priority mortgage lien upon, and a first priority security interest in, the Lake Forest II Project, pursuant to that certain Mortgage and Security Agreement (Fixture Filing Statement) dated January 6, 1998, of record in Mortgage Book 4555, Page 594, in the Jefferson County Clerk's office, and pursuant to that certain Assignment of Rents and Leases dated January 6,
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Note and Security. 13 3.1 Note..........................................................................13 3.2 Security......................................................................13 ARTICLE 4
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Note and Security. Article III of the Loan Agreement is hereby amended ----------------- to add the following:
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Note and Security. (a) To secure the prompt and complete payment, performance and observance of all the Obligations, Company hereby concurrently grants to Thayer a Lien upon all of its right, title and interest in, to and under all of its assets and property, tangible or intangible, whether now owned by or owing to, or hereafter acquired by or arising in favor of Company (including under any trade names, styles or derivations thereof), and whether owned or consigned by or to, or leased from or to, Company, and regardless of where located, as more specifically set forth in the Security Agreement.
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Note and Security. Prior to any disbursement of funds, Contractor shall execute and deliver a Promissory Note in an amount equal to Six Hundred Thousand Dollars ($600,000) (“Note”) and a Deed of Trust in favor of the County to secure the performance of all terms and conditions of the Note and this Agreement. The Note will be non-recourse to the Contractor and its partners. The Deed of Trust shall be recorded in the Office of the Recorder of the County of San Mateo. The Deed of Trust shall be subordinate to the liens of Contractor’s construction and permanent financing. County agrees to execute subordination agreements reasonably requested by Contractor’s construction and permanent lenders. No interest shall accrue on the Note until Project Completion. Interest at the rate of three percent (3%) simple shall be charged annually, commencing on the first day of the first month following the issuance of the Certificate of Completion. The term of the Note shall begin upon execution and shall extend for Forty (40) Years (“Note Maturity”) provided Contractor meets the Performance Period requirement regarding Project Completion. Should Contractor not meet this Performance Period requirement, the Note will be accelerated and due in full within sixty (60) days of Contractor receipt of County demand notice. The Note and Deed of Trust shall be executed prior to any disbursement of funds under this Agreement.
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Note and Security 
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Related to Note and Security

  • Collateral and Security Section 10.01

  • Access and Security Customer shall employ all physical, administrative and technical controls, screening and security procedures and other safeguards necessary to: (a) securely administer the distribution and use of all Access Credentials and protect against any unauthorized access to or use of the Hosted Services; and (b) control the content and use of Customer Data, including the uploading or other provision of Customer Data for Processing by the Hosted Services.

  • Loan and Security Agreement Performance of all obligations of Borrower (as such term is defined in the Loan and Security Agreement, and hereafter used with such meaning) under the terms of the Loan and Security Agreement, any of the Guaranty Agreements or Security Documents referred to in the Loan and Security Agreement, and any other loan agreement, tri-party financing agreement or other agreement between Grantor and Beneficiary, GNI and any other parties pertaining to the use of the proceeds of the Notes."

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Trademark Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

  • Privacy and Security (a) The Service Provider shall not transmit or store any AHS data outside the borders of Canada, nor transmit any AHS data in Canada to any party not specifically contemplated in this Agreement, without AHS’s prior written consent to each such data transmittal, which consent may be arbitrarily and unreasonably withheld.

  • Pledge and Security Interest Each Pledgor hereby unconditionally and irrevocably pledges, grants and hypothecates to the Pledgees, and grants to the Pledgees a continuing first priority security interest in, a first lien upon and a right of set-off against, all of its respective rights, titles and interests of whatsoever kind and nature in (the “Security Interest”), and to secure the complete and timely payment, performance and discharge in full, as the case may be, of all of the obligations pursuant to the Notes, the following (collectively, the “Pledged Collateral”):

  • Guaranty and Security Agreement The security interest granted pursuant to this [Copyright] [Patent] [Trademark] Security Agreement is granted in conjunction with the security interest granted to Agent pursuant to the Guaranty and Security Agreement and each Grantor hereby acknowledges and agrees that the rights and remedies of Agent with respect to the security interest in the [Copyright] [Patent] [Trademark] Collateral made and granted hereby are more fully set forth in the Guaranty and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein.

  • Collateral and Security Documents The due and punctual payment of the principal of, premium and interest on the Notes when and as the same shall be due and payable, whether on a Payment Date, at the Maturity Date, or by acceleration, repurchase, redemption or otherwise, and interest on the overdue principal of, premium and interest on the Notes to the Holders or the Indenture Trustee under this Indenture, the Notes and the other Security Documents, and all other amounts in respect of the Secured Obligations according to the terms hereunder or thereunder, shall be secured by a security interest in the Collateral as provided in the Security Documents, which define the terms of the Liens that secure the Secured Obligations. The Issuer hereby acknowledges and agrees that the Indenture Trustee holds the Collateral in trust for the benefit of the Holders, pursuant to the terms of the Security Documents. Each Holder, by accepting a Note, consents and agrees (subject to Section 4.11) to the terms of the Security Documents (including the provisions providing for the possession, use, release and foreclosure of Collateral) as the same may be in effect or may be amended from time to time in accordance with their respective terms and this Indenture, and authorizes and directs the Indenture Trustee to enter into the Security Documents and, subject to the provisions of this Indenture, to perform its obligations and exercise its rights thereunder in accordance herewith and therewith. The Issuer shall take any and all actions reasonably required to cause the Security Documents to create and maintain at all times, as security for the Secured Obligations of the Issuer hereunder, a valid and enforceable perfected Lien on all of the Collateral, in favor of the Indenture Trustee for the benefit of the Holders under the Security Documents. The Issuer hereby covenant (A) to perform and observe its obligations under the Security Documents and (B) take any and all commercially reasonable actions (including without limitation the covenants set forth in the Security Documents and in this Article 9) required to cause the Security Documents to create and maintain, as security for the Secured Obligations contained in this Indenture, the Notes and the other Security Documents, valid and enforceable, perfected (except as expressly provided herein or therein) security interests in and on all the Collateral, in favor of the Indenture Trustee, superior to and prior to the rights of all third Persons, and subject to no other Liens, in each case, except as expressly permitted herein or therein. The Issuer shall do or cause to be done, at its sole cost and expense, all such actions and things as may be necessary, or as may be required by the provisions of the Security Documents, to confirm to the Indenture Trustee the security interests in the Collateral contemplated hereby and by the Security Documents, as from time to time constituted, so as to render the Collateral available for the security and benefit of this Indenture and of the Notes secured hereby, according to the intent and purpose herein and therein expressed.

  • Guarantee and Security Agreement The Guarantee and Security Agreement, duly executed and delivered by each of the parties to the Guarantee and Security Agreement.

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