Collateral Note definition

Collateral Note means the promissory notes or other similar rights to payment executed by a Collateral Obligor and pledged by Debtor (whether as the lead lender or a participant) to Lender as Collateral, which are described in Schedule I attached hereto (as the same may be amended from time to time).
View Source
Collateral Note means any promissory note held by the Trust during the term of this Agreement.
View Source
Collateral Note means a collateral note, deposit or similar instrument issued by the Bank or Substitute L/C Bank, as applicable, or an Affiliate of the Bank or Substitute L/C Bank, as applicable, which (i) bears interest based on the LIBO Rate for an interest period of six (6) months set [two (2)] Business Days prior to the commencement of the relevant interest period, and (ii) provides for payment of interest fifteen (15) days prior to the dates set forth for payment of interest under this Purchase Note.
View Source

Examples of Collateral Note in a sentence

  • Annex B-1 accurately lists all Collateral Notes, Collateral Note Security, Pledged Shares, Partnership/Limited Liability Company Interests, commercial tort claims, and Deposit Accounts.

  • Each material Collateral Note and the documents evidencing the Collateral Note Security are in full force and effect; there have been no renewals or extensions of, or amendments, modifications, or supplements which would materially adversely affect such Collateral Notes or Collateral Note Security; and no “default” or “event of default” has occurred and is continuing under any such Collateral Note or documents evidencing the Collateral Note Security.

  • Debtor has good title to the Collateral Notes and Collateral Note Security, and such Collateral Notes and Collateral Note Security are free from any claim for credit, deduction, or allowance of an Obligor and free from any defense, condition, dispute, setoff, or counterclaim which could materially adversely affect the value thereof, and there is no extension or indulgence with respect thereto.

  • Schedule 3.8 accurately lists all Pledged Equity Interests, Collateral Notes, Collateral Note Security, commercial tort claims, and all letters of credit rights, in which any Grantor has any right, title, or interest.

  • Not modify or substitute, or permit the modification or substitution of, any Collateral Note or any document evidencing the Collateral Note Security or contract to which any of the Collateral which is accounts relates, nor extend or grant indulgences regarding any account which is Collateral, other than such modifications or indulgences as are reasonable and customary in the industry in which Debtor is engaged.


More Definitions of Collateral Note

Collateral Note. Any Collateral Interest that is an A Note.
View Source
Collateral Note or "Collateral Notes" shall mean the note or notes receivable which Borrower pledges as collateral for a Loan.
View Source
Collateral Note means each of the promissory notes of the Partnerships and any modifications, amendments and supplements thereto contained in any agreements, instruments or other documents described on Schedule 3 annexed hereto, evidencing an Indebtedness of any kind from such Partnership to the Borrower or its Affiliates secured by a Collateral Mortgage.
View Source
Collateral Note means collectively: (0 that certain promissory note in the original principal sum of $6,975,000.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender; (ii) that certain promissory note in the original principal sum of $6,500,000.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender; (iii) that certain promissory note in the original principal sum of $925,985.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender; (iv) that certain promissory note in the original principal sum of $2,141,790.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender; (v) that certain promissory note in the original principal sum of $437,600.00 executed by B. Kastelli, LLC and payable to the order of Lender; (vi) that certain promissory note in the original principal sum of $450,221.00 executed by B. Kastelli, LLC and payable to the order of Lender; (vii) that certain promissory note in the original principal sum of $4,356,000.00 executed by Adriatica Commercial One, LP and payable to the order of Lender; (viii) that certain promissory note in the original principal sum of $250,000.00 executed by Adriatica Commercial One, LP and payable to the order of Lender; (ix) that certain promissory note in the original principal sum of $3,147,718.00 executed Adriatica Retail II, LP and payable to the order of Lender; (x) that certain promissory note in the original principal sum of $130,000.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender and; (xi) that certain promissory note in the original principal sum of $400,000.00 executed by SB Harbor Market Joint Venture and payable to the order of Lender, and all renewals, extensions, and modifications thereof which have all previously been transferred and assigned to Borrower and collaterally endorsed by Borrower to the order of Lender.
View Source
Collateral Note means that certain Real Estate Lien Note (Non-Recourse) dated August 5, 2008, executed by Collateral Note Maker, payable to the order of Lender in the stated principal amount of $13,000,000.00, as assigned by Lender to Borrower, and any and all renewals, modifications rearrangements, reinstatements, enlargements, or extensions of such promissory note or of any promissory note or notes given in renewal, substitution or replacement therefor.
View Source
Collateral Note means the renewal collateral note, dated the date hereof, of Seminole Fertilizer Corporation payable to the order of the Agent, as agent on behalf of the Banks, in the aggregate principal amount of $44,112,705, substantially in the form of EXHIBIT C-2 hereto.
View Source
Collateral Note. Any Delayed Collateral Interest or Subsequent Collateral Interest transferred by the Seller to the Issuer hereunder that is an A Note.
View Source