Project Note Sample Clauses

Project Note. The obligation of the Borrower to repay the Loans and to pay interest thereon at the rate provided herein shall be evidenced by a promissory note substantially in the form of Exhibit A, payable to the order of the Lender and in the principal amount of SEVENTEEN MILLION EIGHT HUNDRED TWENTY-NINE THOUSAND DOLLARS (US$17,829,000) (the "Project Note"). The Borrower authorizes the Lender to record on the schedule annexed to the Project Note, each payment or prepayment of principal of the Loans and agrees that all such notations shall be prima facie evidence of the information recorded. The Borrower further authorizes the Lender to attach to and make a part of the Project Note continuations of the schedule attached thereto as necessary. No failure to make any such notations, nor any errors in making any such notations, shall affect the validity of the Borrower's obligations to repay the full unpaid principal amount of the Loans or the duties of the Borrower hereunder or thereunder.
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Project Note. Anything herein or in the Funding Loan Agreement to the contrary notwithstanding, amounts shall not be due and payable hereunder except at the rates, in the amounts, and at the times due and payable under the Project Note. In the event of any conflict between the payment terms of the Project Note and this Governmental Note, the terms of the Project Note shall control, provided, however, that the Governmental Xxxxxx’s obligation hereunder shall be limited as set forth herein and payable solely from the Pledged Security.
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Project Note. From and after the Conversion Date, all references to the Project Notes shall mean only the Tax-Exempt Project Note represented by the Series A-1 Project Note.
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Project Note. Advances of a Project Loan shall be evidenced by borrower's receipts and a Project Note executed and delivered by the Borrower thereunder dated the date of the Closing of such Project Loan.
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Project Note. Such Borrower shall execute and deliver to Bank a Project Note with respect to such Project Loan with blanks appropriately completed.
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Project Note. The Loan and all Advances thereunder shall be evidenced by the Borrower's receipts and the Note.
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Related to Project Note

  • New Note Contemporaneously with the execution and delivery of this Amendment, the Borrower, as maker, shall execute and deliver a new revolving credit note, in the stated principal amount of $12,500,000, in favor of Fifth Third Bank, as payee (the "New Note"), which New Note shall amend, restate and replace the Note dated as of March 22, 2007, from the Borrower, as maker, to Fifth Third Bank, as payee, in the stated principal amount of $20,000,000 (the "Old Note"), and which New Note, as the same may be amended, renewed, restated, replaced or consolidated from time to time, shall be a "Revolving Credit Note" referred to in the Credit Agreement.

  • Subordinated Note At any time, directly or indirectly, pay, prepay, repurchase, redeem, retire or otherwise acquire, or make any payment on account of any principal of, interest on or premium payable in connection with the repayment or redemption of the Subordinated Note, except as expressly permitted in the Subordination Agreement.

  • Loan Agreement and Note Lender shall have received a copy of this Agreement and the Note, in each case, duly executed and delivered on behalf of Borrower.

  • Construction Loan Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in this Agreement, the Lender has agreed to lend to Borrower and Borrower has agreed to borrow from Lender the lesser of: (i) $27,000,000.00; or (ii) 55% of the Project Costs. Such amount shall be loaned by Lender pursuant to the terms and conditions set forth in this Agreement and the First Supplement to this Agreement.

  • Note For Community-­‐Based TLDs Only] Obligations of Registry Operator to TLD Community. Registry Operator shall establish registration policies in conformity with the application submitted with respect to the TLD for: (i) naming conventions within the TLD, (ii) requirements for registration by members of the TLD community, and (iii) use of registered domain names in conformity with the stated purpose of the community-­‐based TLD. Registry Operator shall operate the TLD in a manner that allows the TLD community to discuss and participate in the development and modification of policies and practices for the TLD. Registry Operator shall establish procedures for the enforcement of registration policies for the TLD, and resolution of disputes concerning compliance with TLD registration policies, and shall enforce such registration policies. Registry Operator agrees to implement and be bound by the Registry Restrictions Dispute Resolution Procedure as set forth at [insert applicable URL] with respect to disputes arising pursuant to this Section 2.19. Registry Operator shall implement and comply with the community registration policies set forth on Specification 12 attached hereto.]

  • Term Note The Term Loan shall be evidenced by the Term Note. At the time of the disbursement of the Term Loan or a repayment made in whole or in part thereon, a notation thereof shall be made on the books and records of the Bank. All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Term Loan advanced hereunder, (ii) any accrued and unpaid interest owing on the Term Loan and (iii) all amounts repaid on the Term Loan. The failure to record any such amount or any error in recording such amounts shall not, however, limit or otherwise affect the joint and several obligations of the Borrowers under the Term Note to repay the principal amount of the Term Loan, together with all interest accruing thereon.

  • Mortgage Note The originally executed note or other evidence of the indebtedness of a Mortgagor under the related Mortgage Loan.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • The Loan Section 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement, various currencies that shall have an aggregate value equivalent to the amount of one hundred million dollars ($100,000,000), being the sum of withdrawals of the proceeds of the Loan, with each withdrawal valued by the Bank as of the date of such withdrawal.

  • Open-End Mortgage Assignment of Leases and Rents, Security Agreement and Fixture Filing, made as of July 29, 1997, by Borrower to Subordinated Creditor, relating to mortgaged property located in Columbus, in the County of Franklin, in the State of Ohio.

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