The Structured Notes Sample Clauses

The Structured Notes. (a) On the terms and conditions hereinafter set forth, on the Closing Date, the Borrower shall deliver to each Lender Agent, and the Swingline Lender and the Alternative Currency Swingline Lender, as applicable, at the applicable address set forth on Annex A to this Agreement, with respect to Advances in Dollars, a duly executed structured note in substantially the form of Exhibit B-1-a and, with respect to Advances in an Alternative Currency, a duly executed structured note in substantially the form of Exhibit B-1-b, (each a “Structured Note”), and Exhibit B-2 (the “Swingline Note”) and Exhibit B-3 (the “Alternative Currency Swingline Note”, and together with the Structured Notes and the Swingline Note, the “Notes”), as applicable, dated as of the date of this Agreement, each in a face amount equal to the applicable Lender’s Commitment, or Swingline Commitment or Alternative Currency Swingline Amount as of the Closing Date and otherwise duly completed. Each Note evidences, and at all times on and after the date hereof shall continue to evidence each Lender’s ratable share of the security interest in the Collateral granted pursuant to Section 8.1 (and the Borrower hereby expressly affirms its prior grant of a security interest in the “Collateral” under the Existing Loan Funding and Servicing Agreement). Interest shall accrue, and each Note shall be payable, as described herein. (b) During the Revolving Period, the Borrower may, at its option, request the Conduit Lenders and the Institutional Lenders to make advances of funds (each, an “Advance”), in Dollars or in any Alternative Currency under the Structured Notes, each such Funding Request to be substantially in the form of Exhibit A-1 hereto, in an aggregate amount up to the Availability and, in the case of Advances in Alternative Currencies, up to the Alternative Currency Sub-Limit, in each case as of the date of the proposed Advance. Following the receipt of a Funding Request, subject to the terms and conditions hereinafter set forth, during the Revolving Period, (x) the Conduit Lenders other than VFCC may at their option elect to fund such Advance and (y) VFCC and the Institutional Lenders (except to the extent an Advance has been funded by its related Conduit Lender, if any) shall fund such Advance; provided, that, any Institutional Lender which shares a Commitment collectively with a related Conduit Lender as set forth on Annex B shall not be obligated to make Advances in any Currency in which its r...

The Structured Notes. (a) The Borrower shall deliver to the Deal Agent, on behalf of the Lenders, at the applicable address set forth on the signature pages of this Agreement, a duly executed structured note, in the form of Exhibit B-2 (the "VFCC Structured Note"), dated as of the date of this Agreement, in a face amount prior to the Facility Increase Expiration Date equal to $275,000,000 and on and after the Facility Increase Expiration Date, $225,000,000, and otherwise duly completed in the case of VFCC Advances and a duly executed structured note, in the form of Exhibit B-1 (the "WBNA Structured Note") dated as of the date of this Agreement, in a face amount equal to the $30,000,000, and otherwise duly completed in the case of WBNA Advances (the VFCC Structured Note together with the WBNA Structured Note, the "Notes"); provided, however, that notwithstanding anything to the contrary contained herein or in any other Transaction Document, the indebtedness of the Borrower evidenced by the Notes shall not in the aggregate exceed the Facility Amount." (f) Subsection 6.25(a)(x) of the Agreement is hereby amended and restated in its entirety as follows: