Account Note definition

Account Note. The original note, building or installment sale contract or other evidence of indebtedness executed by an Obligor that evidences the indebtedness of such Obligor under an Account.
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Account Note. The original promissory note or, with respect to Accounts originated in Texas, the retail instalment contract executed by an Obligor that evidences the indebtedness of such Obligor under an Account.
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Account Note. The original promissory note or, with respect to Accounts originated in Texas, retail instalment contract executed by an Obligor that evidences the indebtedness of such Obligor under an Account.
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Examples of Account Note in a sentence

  • Amounts held by the Indenture Trustee for future distribution to the Securityholders, including, without limitation, amounts in the Collection Account, any Government Securities Account, Note Distribution Account and Certificate Distribution Account, shall not be distributed except in accordance with the terms of this Agreement.

  • From the date such new Interest Funding Account, Principal Funding Account, Note Retirement Account, the Class D Reserve Account or the Accumulation Reserve Account is established, it will be the “Interest Funding Account,” “Principal Funding Account”, “Note Retirement Account,” “Class D Reserve Account” or “Accumulation Reserve Account” as the case may be.

  • The ERTP includes several components: a Commutation Account (Note 6), reclamation cost cap insurance, pollution liability insurance, and surety bonds.

  • The insurance policy provides coverage for future reclamation and mine closure costs in existence at June 30, 2003, if they exceed those funded by the Commutation Account (Note 8).

  • Secured Promissory Note (Account Note), dated July 10, 1996, between the Company and Foothill Capital Corporation (incorporated by reference to Exhibit 10.20 to the Company's Annual Report on Form 10-K for the year ended June 30, 1996, File No. 0-19743).

  • The insurance policy provides coverage for future reclamation and mine closure costs in existence at June 30, 2003, if they exceed those funded by the Commutation Account (Note 6).

  • The Certificate Distribution Account, Note Distribution Account, Pre-Funding Account, Expense Account, Capitalized Interest Account, or Servicing Account (including any sub-accounts of any of the foregoing) and the FHA Premium Account.

  • The Company is required under the covenants of the Gold Notes to use commercially reasonable efforts to put in place commodity hedging contracts (put options) on a rolling four-quarters basis to establish a minimum selling price of $1,400 per ounce for the physical gold being accumulated in the Gold Escrow Account (Note 10b).

  • The Collection Account, Note Distribution Account and the Reserve Fund shall be Eligible Accounts.

  • Collection Account, Note Payment Account and Certificate Distribution Account.................49 Section 5.02.


More Definitions of Account Note

Account Note means the original note, building or sales contract, loan agreement, if applicable, or other evidence of indebtedness executed by an Mortgage Obligor that evidences the indebtedness of such Mortgage Obligor under an Account.
Sample 1
Account Note. The original installment sale contract or other evidence of indebtedness executed by an obligor that evidences the indebtedness of such Obligor under an Account.
Sample 1

Related to Account Note

  • Discount Note means any Note that provides for an amount less than the stated principal amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.02.

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

  • Discount Notes means the Company's 14-3/4% Senior Discount Notes due 2010.

  • Note Account As defined in the Indenture.

  • 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.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Senior Discount Notes means the Company's 10 1/2% Senior Discount Notes --------------------- due March 1, 2007.

  • Adjustment Note has the meaning given in the GST Legislation;

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

  • 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.

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Secured Promissory Note is defined in Section 2.4.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Rollover Loan means one or more Loans:

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Deposit Account Control Agreement means an agreement, in form and substance reasonably satisfactory to the Administrative Agent, among any Loan Party, a banking institution holding such Loan Party’s funds, and the Administrative Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by such Loan Party with such banking institution.

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.