Common use of Note Receivable Clause in Contracts

Note Receivable. A promissory note executed in favor of Borrower in connection with a Purchaser's acquisition of an Interval.

Appears in 4 contracts

Sources: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Mego Financial Corp)

Note Receivable. A promissory note executed in favor of Borrower in connection with a Purchaser's ’s acquisition of an Interval.

Appears in 4 contracts

Sources: Loan and Security Agreement (Silverleaf Resorts Inc), Loan Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

Note Receivable. A promissory note executed by a Purchaser in favor of Borrower in connection with a such Purchaser's acquisition of an Intervala Timeshare Interest.

Appears in 1 contract

Sources: Loan and Security Agreement (Bluegreen Corp)

Note Receivable. A promissory note made and executed by a Purchaser in favor of Borrower in connection with a such Purchaser's acquisition of an Intervala Timeshare Interest.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)