SUBJECT NOTE Sample Clauses

A SUBJECT NOTE clause serves to indicate that certain terms or conditions within a contract or agreement are subject to further negotiation, approval, or fulfillment of specific requirements. In practice, this clause is often used to highlight provisions that are not yet finalized or are contingent upon external factors, such as regulatory approval or third-party consent. Its core function is to provide clarity and transparency by flagging unresolved issues, thereby preventing misunderstandings and ensuring that all parties are aware of outstanding matters that may affect the agreement's enforceability or execution.
SUBJECT NOTE. Borrower shall have executed and delivered the Subject Note to Bank in accordance with subsection 2.01.
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SUBJECT NOTE. Borrower shall evidence the Subject Loan by executing and delivering to Bank Borrower’s note (a) payable in twelve (12) semi-annual installments of principal commencing on January 15, 2002, and continuing each July 15 and January 15 thereafter in accordance with the amortization schedule attached hereto as Exhibit C; (b) for the initial Interest Period commencing on the Fourth Amendment Effective Date and ending on January 14, 2002, bearing interest of 7.82% per annum; (c) after the initial Interest Period, bearing interest as provided in subsections 2.03 and 2.04 in respect of the Prime Rate Loans and Eurodollar Loan, as the case may be; and (d) being in the form and substance of Exhibit B to this Agreement.
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SUBJECT NOTE. Concurrently with the execution and delivery of this Agreement Borrower shall execute and deliver to Bank Borrower's note (a) payable in (5) semi-annual installments of principal commencing on July 15, 2005, and continuing each July 15 and January 15 thereafter in accordance with the amortization schedule attached hereto as Exhibit C with a final Maturity of July 15, 2007; (b) bearing interest as provided in subsections 2.04; and (c) being in the form and substance of Exhibit B to this Agreement.
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SUBJECT NOTE. 28 subordinated............................................................................................29 subsidiary..............................................................................................29
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SUBJECT NOTE. 27 SUBORDINATED................................................................................
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SUBJECT NOTE. The Seller has (i) received payment in full of all amounts, if any, that were outstanding under the Subject Note, (ii) as of the date hereof, after giving effect to any such payment, no amounts are outstanding under the Subject Note and (iii) the Seller has not assigned any of its rights under the Subject Note to any Person.
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SUBJECT NOTE. The subject loans shall be evidenced at all times by a subject note executed and delivered by Borrower, payable to the order of Bank in a principal amount equal to the dollar amount of the subject commitment as in effect at the execution and delivery of the subject note and being in the form and substance of Exhibit B with the blanks appropriately filled. (a) Whenever Borrower shall obtain a subject loan, Bank shall endorse an appropriate entry on the subject note or make an appropriate entry in a loan account in Bank's books and records, or both. Each entry shall be prima facic evidence of the data entered; but such entries shall not be a condition to Borrower's obligation to pay. (b) No holder of the subject note shall transfer the same or seek a judgment or file a proof of claim based thereon, without in each case first endorsing the subject note to reflect the true amount owing thereon.
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SUBJECT NOTE. Concurrently with the execution and delivery of this Agreement Borrower shall evidence the Subject Loan by executing and delivering to Bank Borrower’s note (a) payable in twenty (20) semi-annual installments of interest and principal commencing on January 14, 1998 and continuing on the 14th day of each half year thereafter, the first four (4) such installments to be in an amount (inclusive of principal and interest) equal to Seven Hundred Fifty Thousand Dollars ($750,000), the next six (6) such installments to be in an amount (inclusive of principal and interest) equal to Seven Hundred Seventy-Five Thousand Dollars ($775,000.00), the next nine (9) such installments to be in an amount (inclusive of principal and interest) equal to One Million Four Hundred Thousand Dollars ($1,400,000.00), and the final installment to be in an amount equal to all unpaid principal and interest and all accrued and unpaid interest thereon, (b) bearing interest (subject to the provisions of subsection 8.10 and those in Exhibit B) prior to Maturity at a rate per annum that shall at all times be seven and eighty-two one hundredths percent (7.82%) per annum on and after July 15, 1999, and after Maturity at a fluctuating rate that shall be equal to two percent (2.0%) per annum plus the Prime Rate, and (c) being in the form and substance of Exhibit B to this Agreement.
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Related to SUBJECT NOTE

  • NOTE For Community-­‐Based TLDs Only] Obligations of Registry Operator to TLD Community. Registry Operator shall establish registration policies in conformity with the application submitted with respect to the TLD for: (i) naming conventions within the TLD, (ii) requirements for registration by members of the TLD community, and (iii) use of registered domain names in conformity with the stated purpose of the community-­‐based TLD. Registry Operator shall operate the TLD in a manner that allows the TLD community to discuss and participate in the development and modification of policies and practices for the TLD. Registry Operator shall establish procedures for the enforcement of registration policies for the TLD, and resolution of disputes concerning compliance with TLD registration policies, and shall enforce such registration policies. Registry Operator agrees to implement and be bound by the Registry Restrictions Dispute Resolution Procedure as set forth at [insert applicable URL] with respect to disputes arising pursuant to this Section 2.19. Registry Operator shall implement and comply with the community registration policies set forth on Specification 12 attached hereto.]

  • Mortgage Loan Document Status Each related Mortgage Note, Mortgage, Assignment of Leases (if a separate instrument), guaranty and other agreement executed by or on behalf of the related Mortgagor, guarantor or other obligor in connection with such Mortgage Loan is the legal, valid and binding obligation of the related Mortgagor, guarantor or other obligor (subject to any non-recourse provisions contained in any of the foregoing agreements and any applicable state anti-deficiency or market value limit deficiency legislation), as applicable, and is enforceable in accordance with its terms, except (i) as such enforcement may be limited by (a) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (b) general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law) and (ii) that certain provisions in such Mortgage Loan documents (including, without limitation, provisions requiring the payment of default interest, late fees or prepayment/yield maintenance fees, charges and/or premiums) are, or may be, further limited or rendered unenforceable by or under applicable law, but (subject to the limitations set forth in clause (i) above) such limitations or unenforceability will not render such Mortgage Loan documents invalid as a whole or materially interfere with the Mortgagee’s realization of the principal benefits and/or security provided thereby (clauses (i) and (ii) collectively, the “Standard Qualifications”). Except as set forth in the immediately preceding sentences, there is no valid offset, defense, counterclaim or right of rescission available to the related Mortgagor with respect to any of the related Mortgage Notes, Mortgages or other Mortgage Loan documents, including, without limitation, any such valid offset, defense, counterclaim or right based on intentional fraud by Seller in connection with the origination of the Mortgage Loan, that would deny the Mortgagee the principal benefits intended to be provided by the Mortgage Note, Mortgage or other Mortgage Loan documents.

  • Convertible Note From and after the Effective Time, the Company's $8,000,000 10% convertible subordinated promissory note, dated November 20, 1998, payable to Wind Point Partners III, L.P. (the "Convertible Note") shall, in accordance with the terms of the Convertible Note, represent the right, upon conversion thereof in accordance with its terms, to receive in cash, without interest, a single lump sum cash payment equal to the product of (i) the number of shares of Company Common Stock issuable upon the conversion of such Convertible Note in accordance with its terms immediately prior to the Effective Time and (ii) the Common Stock Merger Consideration, such cash payment to be reduced by any required withholding of Taxes.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, ▇▇▇▇▇ ▇▇▇▇▇▇. It is preferable that you scan and email it to her at ▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇.▇▇.▇▇ but may also mail it to the address on our letterhead. Only use one method.

  • Whole Loan Each Mortgage Loan is a whole loan and not a participation interest in a mortgage loan.