Competitive Advance Note definition

Competitive Advance Note means the promissory note made by Borrower in favor of a Lender to evidence the Competitive Advances made by that Lender, substantially in the form of Exhibit D, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed, extended or supplanted.

Competitive Advance Note means any of the promissory notes made by a Borrower in favor of a Bank to evidence Competitive Advances made by that Bank, substantially in the form of Exhibit C, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed or extended.

Competitive Advance Note means the promissory note made by each Borrower in favor of a Lender to evidence the Competitive Advances made to that Borrower by that Lender, substantially in the form of Exhibit C, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed or extended.

Examples of Competitive Advance Note in a sentence

• The Administrative Agent shall have received, for the benefit of each Lender and the Swing Loan Lender, as the case may be, a Revolving Credit Note and Competitive Advance Note in favor of each Lender, and the Swing Loan Note in favor of Swing Loan Lender, each of the Notes, duly executed by an Authorized Signatory of the Borrower.

• Each payment or prepayment of a Competitive Advance shall be applied to the Competitive Advance Note held by the Bank which made such Competitive Advance.

• To the extent the same have been requested, the Administrative Agent shall have received, for the benefit of each Lender and the Swing Loan Lender, as the case may be, a Revolving Credit Note and Competitive Advance Note in favor of each Lender, and the Swing Loan Note in favor of Swing Loan Lender, each of the Notes, duly executed by an Authorized Signatory of the Borrower.

• In the event that a portion of a Competitive Advance is assigned to such assignee, the Borrower shall upon the request of such assignee execute and deliver to such assignee a Competitive Advance Note, dated the effective date of such assignment and which shall otherwise be in substantially the form of the Competitive Advance Notes.

• Unless otherwise agreed among Assignor and Assignee, amounts outstanding under Assignor's Competitive Advance Note, if any, shall not be assigned, provided, however, that if Assignor assigns to Assignee all of Assignor's Revolving Loan Commitment and all of Assignor's Revolving Loans, then Assignor shall assign all of its Competitive Advance Note and Competitive Advances, if any, in connection therewith.

• If the Bank does not so require, the Foreign Currency Advance shall be evidenced by that Bank's Competitive Advance Note delivered at the Closing Date with the references therein to "Dollars" being deemed references to such foreign currency.

• Advance Note may be prepaid without the prior written consent of the Bank holding such Competitive Advance Note.

• The Competitive Advances made by each Bank shall be evidenced by a Competitive Advance Note in the aggregate amount of the Tranche A Commitments and payable to the order of such Bank.

More Definitions of Competitive Advance Note

Competitive Advance Note means the promissory note made by Borrower in favor of a Revolving Loan Lender to evidence the Competitive Advances made by that Revolving Loan Lender, substantially in the form of Exhibit B.

Competitive Advance Note means any of the promissory notes made by a

Competitive Advance Note means a promissory note of the Borrower payable to the order of any Bank, in substantially the form of the attached Exhibit E-3, evidencing indebtedness of the Borrower to such Bank resulting from Competitive Advances owing to such Bank.

Competitive Advance Note means the promissory note made by Borrower in favor of a Lender to evidence the Competitive Advances made by that Lender, substantially in the form of EXHIBIT D, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed, extended or supplanted.