indebtedness to Pacific United Development Corp Clause Samples

indebtedness to Pacific United Development Corp a Nevada corporation pursuant to that certain unsecured promissory note of even date herewith made by the Borrower payable to the order of Pacific United Development Corp. in the principal amount of _______________________ Dollars ($_______________), subject to that certain Subordination Agreement of even date herewith among the Lender, the Borrower and Pacific United Development Corp.
indebtedness to Pacific United Development Corp a Nevada corporation pursuant to those certain unsecured promissory notes dated December 30, 1996 and January 13, 1997 made by the Borrower payable to the order of Pacific United Development Corp. in the aggregate principal amount of Two Million Three Hundred Seventy Three Thousand Three Hundred and Three Dollars ($2,373,303.00), subject to that certain Subordination Agreement of even date herewith among the Lender, the Borrower and Pacific United Development Corp.

Related to indebtedness to Pacific United Development Corp

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. (16) Article III is hereby amended by adding the following section:

  • Research and Development (i) Advice and assistance in relation to research and development of Party B; (ii) Advice and assistance in strategic planning; and