Common use of Background; Use of Funds; Definitions Clause in Contracts

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the acquisition of that certain Single family home located at ▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “Series Soapstone Property”) pursuant to the Purchase and Sale Agreement relating to Series Soapstone that was consummated by the Company on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Promissory Note (Arrived Homes, LLC), Promissory Note (Arrived Homes, LLC)