Note Obligations Clause Samples

The Note Obligations clause defines the responsibilities and commitments of the parties regarding the issuance, payment, and management of promissory notes or similar debt instruments. It typically outlines the borrower's duty to repay principal and interest according to a specified schedule, as well as any requirements for delivering or endorsing notes, maintaining records, or notifying parties of changes. This clause ensures that all parties clearly understand their financial obligations and the procedures for handling notes, thereby reducing the risk of disputes or misunderstandings related to debt repayment.
Note Obligations. This Mortgage is given for the purpose of securing the payment and performance of all agreements, covenants, conditions, warranties, representations and other obligations of Grantor and Borrower (including, without limitation, the obligation to repay the Indebtedness) under the Indenture Documents to which Grantor and Borrower are parties, whether now or hereafter existing, whether matured or unmatured, contingent or liquidated (collectively, and as any of the foregoing may be amended, modified, supplemented, renewed, extended, repledged or replaced, the “Note Obligations”). The maximum principal amount that may be secured hereby is One Hundred Fifty Million and 00/100 Dollars ($150,000,000.00).
View SourceView Similar (2)
Note Obligations. Prencen Lending acknowledges that it is must comply with the terms of the Notes and fulfill its obligations thereunder.
View SourceView Similar (2)
Note Obligations. This Deed of Trust is given for the purpose of securing the payment and performance of all agreements, covenants, conditions, warranties, representations and other obligations of Grantor (including, without limitation, the obligation to repay the Indebtedness) under the Indenture Documents to which Grantor is a party, whether now or hereafter existing, whether matured or unmatured, contingent or liquidated (collectively, and as any of the foregoing may be amended, modified, supplemented, renewed, extended, repledged or replaced, the “Note Obligations”). The maximum principal amount that may be secured hereby is One Hundred Fifty Million and 00/100 Dollars ($150,000,000.00).
View SourceView Similar (2)
Note Obligations. Each of the Buyers acknowledges that it is must comply with the terms of the Notes and fulfill its obligations thereunder.
View Source
Note Obligations. This Agreement secures, in accordance with the provisions hereof, and the Pledged Collateral is collateral security for, the payment in full when due, whether at stated maturity, by acceleration or otherwise, and performance of, the Note Obligations. The Pledged Collateral shall be held by the Collateral Agent for the benefit of the Secured Parties pursuant to the terms hereof and subject to the Accounts Agreement, and shall be administered by the Collateral Agent in the manner contemplated hereby and thereby.
View Source

Related to Note Obligations

  • Absolute Obligation Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.

  • Secured Party Performance of Debtor Obligations Without having any obligation to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’ obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.

  • Corporate Obligation No recourse may be taken, directly or indirectly, against any partner, incorporator, subscriber to the capital stock, stockholder, member, director, officer or employee of the Seller or the Servicer with respect to their respective obligations and indemnities under this Agreement or any certificate or other writing delivered in connection herewith.

  • The Obligations The security interest granted hereunder shall secure the payment of all indebtedness and the performance of all obligations of the Debtor to the Secured Party of every type and description, whether now existing or hereafter arising, fixed or contingent, as primary obligor or as guarantor or surety, acquired directly or by assignment or otherwise, liquidated or unliquidated, regardless of how they arise or by what agreement or instrument they may be evidenced, including without limitation all loans, advances and other extensions of credit and all covenants, agreements, and provisions contained in all loan and other agreements between the parties (the “Obligations”).