Bank Note definition

Bank Note means a direct, unconditional, and unsecured general obligation of a bank that ranks equally with all other senior unsecured indebtedness of the bank, except deposit liabilities and other obligations that are subject to any priorities or preferences.

Bank Note has the meaning set forth in Section 2.16 hereof.

Bank Note has the meaning set forth in Section 2.11 hereof.

Examples of Bank Note in a sentence

• The City will not create, incur, assume or suffer to exist any pledge of, Lien on or other security interest in the Pledged Revenues that is senior to the Lien on and pledge of the Pledged Revenues securing the Commercial Paper Notes, the Bank Note and the obligations of the City under this Agreement other than the respective liens on and pledges of the Pledged Revenues securing the Separate Lien Obligations and, so long as the same remain outstanding, the Subordinate Xxxx Xxxxx.

• The City will pay when due all of its obligations in connection with the authorization, issuance and delivery of the Commercial Paper Notes, the Bank Note, this Agreement and the Related Documents.

• There are no obligations of the City payable from or secured by Net Revenues on a basis senior to the Commercial Paper Notes, the Bank Note or the obligations of the City under this Agreement other than the Subordinate Xxxx Xxxxx and Separate Lien Obligations.

• Any and all payments to the Bank by the City hereunder and under the Fee Letter and the Bank Note shall be made free and clear of and without withholding or deduction for any and all Indemnified Taxes.

• The City shall issue and sell Commercial Paper Notes as promptly as practicable after the making of a Loan evidenced by the Bank Note and use the proceeds of sale solely for the repayment of the Loan (and such proceeds of sale shall be deemed to be proceeds of Commercial Paper Notes for all the purposes of the Ordinance, this Agreement and the Bank Note).

More Definitions of Bank Note

Bank Note means the promissory note issued by the City to the order of the Bank, evidencing and securing the obligation of the City to repay the Loans from the Security, substantially in the form of Exhibit A attached hereto, with appropriate completions, and any and all renewals, extensions or modifications thereof.

Bank Note means the promissory note or bond to be executed by the Band pursuant to the Bank Loan Agreement.

Bank Note means the promissory note of the Authority delivered to the Bank to evidence Advances from time to time made by the Bank under the Commitment, in the form of Exhibit C attached hereto.

Bank Note and “Circulation coin” means currency note and coin which are legal tender in Bhutan;

Bank Note means each Authority’s Sales Tax Revenues Bank Note (Limited Tax Bond) payable to the order of the related Lender in the principal amount of the Commitment of such Lender on the Effective Date to evidence and secure the Obligations, each such note to be executed by the Authority and delivered by the Authority to each Lender on the Effective Date in the form of Exhibit A attached hereto with appropriate insertions. All Obligations shall be made against the related Bank Note.

Bank Note means any note issued by the Bank, but does not include a Government note other than one rupees note, which has been deemed to be bank note as per the Notification no. G.S.R 426, dated the 28th March, 1980 issued by the Government of India, Ministry of Finance, Department of Economic Affairs;

Bank Note means separately, the Domestic Bank Notes and the Mexican Bank Notes, each as defined in the Recitals above.