Note D definition
Examples of Note D in a sentence
If SBA incurs such expenses, it may demand immediate reimbursement from Borrower or add the expenses to the principal balance; C) Release anyone obligated to pay this Note; D) Compromise, release, renew, extend or substitute any of the Collateral; and E) Take any action necessary to protect the Collateral or collect amounts owing on this Note.
If SBA incurs such expenses, it may demand immediate reimbursement from Borrower or add the expenses to the principal balance; C) Release anyone obligated to pay the Note; D) Compromise, release, renew, extend or substitute any of the Collateral; and E) Take any action necessary to protect the Collateral or collect amounts owing on the Note.
Borrower may prepay principal on Term Loan D solely in accordance with the provisions of Term Note D.
The D Notes and the rights of the Note D Holders to receive payments of interest, principal and other amounts with respect to such D Notes shall at all times be junior, subject and subordinate to the A Notes, the B Notes and the C Notes and the respective rights of the Note A Holders, the Note B Holders and the Note C Holders to receive payments of interest, principal and other amounts with respect to such A Notes, B Notes and C Notes as and to the extent set forth herein.
Management's plans in regard to these matters are also described in Note D.