A Loan Note definition
Examples of A Loan Note in a sentence
A Loan Note Certificate will be issued to each Loan Note Holder evidencing its registered holding.
If and to the extent that any Series A Loan Notes are to be issued to ▇▇ ▇▇▇▇▇▇ and/or ▇▇ ▇▇▇▇▇▇ pursuant to the terms of this Agreement, the Purchaser shall at the time such notes are required to be issued, deliver to the Management Sellers Representative, duly executed Series A Loan Note Instruments and duly executed certificates for such Series A Loan Notes, in favor of each of ▇▇.
Such Convertible Term A Loan Note is in the principal amount of such Convertible Term A Loan Lender's share of the Convertible Term A Loan, dated as of the Convertible Term A Loan Closing Date and substantially in the form of Exhibit 1.1(4)(b).
Each Lender's Tranche A Loans are the joint and several obligation of the Borrowers to repay such Tranche A Loans and are evidenced by a revised and restated Tranche A Loan Note payable to the order of such Lender, and, as of the Restructuring Effective Date, has been duly and validly executed and delivered by the Borrowers, payable to the order of such Lender, which Tranche A Loan Note shall replace the Tranche A Loan Note issued in connection with the Fifth Amendment Agreement.
Upon the Tranche A Conversion Date, each Lender’s Tranche A Loan Note will evidence such Lender’s Tranche A Agreement Term Loans and Rova I L/C Reimbursement Obligations.
Principal and interest shall be paid to the Lender at the Agent's Address set forth in the Credit Agreement or as otherwise directed by Agent to the Borrower in writing from time to time, or at such other place as the holder of this Term A Loan Note shall designate in writing to the Borrower.
This Class A Loan Note may be transferred or assigned by the holder hereof at any time, subject to compliance with the Credit Agreement and any applicable law.
The Loans shall be evidenced by (i) a Secured Senior Subordinated Promissory Note in the principal amount of $1,000,000 substantially in the form attached hereto as Exhibit A-1 (the "A Loan Note") and (ii) a Secured Senior Subordinated Promissory Note in the principal amount of $280,000 substantially in the form attached hereto as Exhibit A-2 (the "B Loan Note"), executed by each Borrower in favor of Lender (the A Loan Note and the B Loan Note, collectively, the "Notes").
EXHIBIT C, Form of Term A Loan Note – Page 1 PMFG, INC., a Delaware corporation By: Name: Title: PEERLESS MFG.
Borrower hereby agrees that the provisions of the Loan Agreement relating to waivers and rights and remedies shall apply to this Term A Loan Note.