Bid Facility Note definition

Bid Facility Note means a promissory note of Borrower payable to the order of any Lender, in substantially the form of Exhibit B hereto, evidencing the maximum aggregate principal indebtedness of Borrower to such Lender with respect to outstanding Bid Rate Advances made by such Lender pursuant to this Agreement, either as originally executed or as it may be from time to time supplemented, modified, amended, renewed or extended.
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Bid Facility Note means a promissory note of Intermet payable ----------------- to the order of any Lender, in substantially the form of Exhibit B hereto, --------- evidencing the maximum aggregate prin cipal indebtedness of Intermet to such Lender with respect to outstanding Bid Rate Advances made by such Lender pursuant to this Agreement, either as originally executed or as it may be from time to time supplemented, modified, amended, renewed or extended.
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Examples of Bid Facility Note in a sentence

  • This Bid Facility Note may be prepaid in whole or in part in accordance with the terms and conditions of the Credit Agreement.

  • In case an Event of Default shall occur and be continuing, the principal of and all accrued interest on this Bid Facility Note may automatically become, or be declared, due and payable in the manner and with the effect provided in the Credit Agreement.

  • Any principal or, to the extent not prohibited by applicable law, interest due under this Bid Facility Note that is not paid on the due date therefor, whether on the Maturity Date, or resulting from the acceleration of maturity upon the occurrence of an Event of Default, shall bear interest from the date due to payment in full at the rate as provided in Section 3.03(d) of the Credit Agreement.

  • Borrower has caused this Bid Facility Note to be executed and delivered under seal by its duly authorized officers as of the date first above written.

  • This Bid Facility Note has been executed and delivered in Georgia and the rights and obligations of the Lender and Borrower hereunder shall be governed by and construed in accordance with the laws (without giving effect to the conflict of law principles thereof) of the State of Georgia.

  • Borrower agrees to pay, and save the Lender harmless against any liability for the payment of, all reasonable out-of-pocket costs and expenses, including reasonable attorneys' fees actually incurred, arising in connection with the enforcement by the Lender of any of its rights under this Bid Facility Note or the Credit Agreement.

  • Borrower expressly waives any presentment, demand, protest or notice in connection with this Bid Facility Note, now or hereafter required by applicable law.

  • Intermet has caused this Bid Facility Note to be executed and delivered under seal by its duly authorized officers as of the date first above written.

  • On the Effective Date, Intermet shall execute and deliver to the Agent for the account of each Assignor and Assignee a new Revolving Credit Note in the amount of each such Lender's Commitment and, in the case of the Assignees, a new Bid Facility Note that each such Lender is entitled to receive pursuant to the Credit Agreement in the respective forms set forth as exhibits thereto (the "New Notes").

  • MCKNIGHT, ANDREW WHITTAKER and HRG GROUP, INC., Defendants.Case No. 2019-CV-000982Case Code: 30301 (Money Judgment) Hon.

Related to Bid Facility Note

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Advance Facility Notice As defined in Section 3.22.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit D-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Test Facility means any WRAS suitably accredited test laboratory;

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

  • Swingline Note means a promissory note made by the Borrower in favor of the Swingline Lender evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.