Examples of Additional Loan Note in a sentence
Principal shall be due and payable in the manner set forth in the Additional Loan Note.
Amounts deposited in Additional Loan Note Issuer Accounts shall be applied in accordance with the provisions of any relevant Loan Note Supplement and Clause 8.6 (Payments – Currency of Account and Payment Method).
The provisions of this Clause 8.3 shall apply mutatis mutandis to any account banks appointed to provide any Additional Loan Note Issuer Accounts.
All capitalized terms unless defined herein shall have the same meaning as those terms are defined in the Subordinated Note, the Additional Loan Agreement and the Additional Loan Note.
Notwithstanding anything to the contrary contained or implied in the preceding sentence, the Maker shall be obligated only for payments of Additional Interest pursuant to this Subordinated Note and shall not be in any way directly liable for making payments under the Additional Loan Note, except for the guarantee specifically providing for under Section 8.N. of the Additional Loan Agreement.
Base Interest shall be payable from any Surplus Cash received by the Holder pursuant to the Subordinated Note and characterized therein as Shared Income Interest but credited as Base Interest under the Additional Loan Note.
If no such notice is received by the Company then such Investor shall be deemed to have elected not to subscribe for any part of the Additional Loan Note Allocation Amount (it being acknowledged that such election or deemed election shall not in any way prejudice such Investors’ right to subscribe for Additional Loan Notes in the future).
Within three (3) Business Days of each Investor’s receipt of the Company’s notice of an Additional Closing Notice, each Investor which did not sign the Additional Closing Notice shall send written notice to the Company of the principal amount, if any, of Additional Loan Notes that such Investor elects to subscribe for, up to its Additional Loan Note Allocation Amount.
Amounts deposited in Additional Loan Note Issuer Accounts shall be applied in accordance with the provisions of any relevant Supplemental Trust Deed and Clause 7.4.
Except as expressly set forth herein with respect to the Subordinated Note, the Additional Loan Agreement and the Additional Loan Note, the agreements set forth herein are not intended to affect or alter the obligations of the Partnership and the Partners under the First Mortgage Documents, the Subordinated Loan Documents or Additional Loan Documents and this Agreement shall not be construed as a novation, renegotiation or release under any of these documents.