Examples of Acquisition Loan Notes in a sentence
Subject to the limitations set forth in Section 1.03, this Mortgage secures all present and future Indebtedness of Borrower and the Mortgagor in respect of loan disbursements made by the Lenders under the Acquisition Loan Notes, and all other Obligations from time to time owing to the Lenders under the Financing Documents (other than with respect to Working Capital Loans).
The obligations of the Borrower to repay the outstanding principal of each Acquisition Loan and to pay accrued interest thereon shall be evidenced by a promissory note, in the form attached hereto as Exhibit "A", to be executed and delivered to the Bank on or prior to the date of funding such Acquisition Loan (each, an "Acquisition Loan Note" and, collectively, the "Acquisition Loan Notes").
Borrower's obligations under the Acquisition Loan shall be evidenced by Acquisition Loan Notes in favor of the respective Lenders in the form included as Exhibit 2.3 hereto payable to each Lender for its Commitment under the Acquisition Loan.
Unless the aggregate outstanding principal balance of the Term Loans or the outstanding principal balance of Loans made under the Acquisition Subfacility and evidenced by Acquisition Loan Notes of an even date is to be prepaid in full, voluntary prepayments of the Term Loans or such Loans made under the Acquisition Subfacility shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount.
The Acquisition Loan Notes made by Borrower payable to the order of the respective Lenders in the maximum principal amounts of Sixteen Million and No/100 Dollars ($16,000,000.00) and Six Million and No/100 Dollars ($6,000,000.00), respectively.