Buyer Promissory Note

Buyer Promissory Note. Means the non-recourse Promissory note described in Section 2.2 (b)(ii) below having a term of 3 years and bearing interest at the rate of 8% per annum, secured by a pledge of forty (40) Acquisition Shares, and in the form set forth in Schedule 2.2(b)(ii).

Buyer Promissory Note. That certain 15% Secured Promissory Note of even date hereof issued by the Issuer to Lender in connection with the Purchase Agreement.