Amended and Restated Term Note definition
Examples of Amended and Restated Term Note in a sentence
HLBE is indebted to AgStar under an Amended and Restated Term Note dated September 1, 2011, in the principal amount of $40,000,000.00 (“Note 1”), and an Amended and Restated Term Revolving Note dated September 1, 2011, in the principal amount of $8,008,689.00 (“Note 2,” and together with Note 1, the “Notes”).
The Loan Agreement is further amended such that all references to "Revolving Note" shall mean the Revolving Note as amended and restated by the Amended and Restated Revolving Note, and all references to "Term Note" shall mean the Amended and Restated Term Note, each as further defined and described below.
Borrower's obligation to repay the First Term Loan is evidenced by its $2,250,000 Amended and Restated Term Note dated October 30, 2003 (the "First Term Note").
The Term Loan A shall be evidenced by the Second Amended and Restated Term Note made payable by the Borrowers, jointly and severally, to the order of the Lender in the form attached as Exhibit A hereto (the “Term Note A”).
Each Term Note executed on the Closing Date shall be replaced with an Amended and Restated Term Note dated as of the Third Amendment Effective Date in the aggregate principal amount of One Hundred Fifty Million Dollars ($150,000,000) (the "Amended and Restated Term Notes").
The foregoing covenant shall be tested on the 1st Business Day of each calendar month after the monthly payment is made on the Second Amended and Restated Term Note.
Borrower's obligation to repay the Second Term Loan is evidenced by its $3,000,000 Amended and Restated Term Note dated October 30, 2003 (the "Second Term Note").
This Second Amended and Restated Term Note (the “Note”) amends and restates in its entirety that certain ▇▇▇▇▇▇▇ and Restated Term Note, dated February 20, 2015October 23, 2020 (the “Prior Note”), executed by the Company in favor of the Lender.
This Note amends and restates, is intended as a replacement of, and is in substitution for, that certain Amended and Restated Term Note dated as of February 22, 2008 (the “Original Note”) from the Borrowers, as maker, payable to the order of the Lender, but is not intended as a novation of the Original Note or any of the Obligations evidenced by the Original Note.
This Amended and Restated Term Note is not a novation or discharge of the terms and provisions of the Borrower under the Original Note or under any Loan Document.