Dollar Revolving Note definition
Examples of Dollar Revolving Note in a sentence
The Canadian Prime Loans made by each Canadian Lender shall be evidenced by a single Canadian Dollar Revolving Note of Canadian Borrower in substantially the form of Exhibit H hereto payable to the order of such Canadian Lender in a principal amount equal to two times the Canadian Commitment of such Canadian Lender, and otherwise duly completed.
The holder hereof, by its acceptance of this Dollar Revolving Note, agrees to the terms of, and to be bound by and to observe the provisions applicable to the Banks contained in, the Credit Agreement.
Upon the occurrence of any one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining unpaid on this Dollar Revolving Note shall become, or may be declared to be, immediately due and payable, all as provided therein.
Reference is hereby made to the Loan Documents for a description of the nature and extent of the guarantees, the terms and conditions upon which the guarantees were granted and the rights of the holder of this Dollar Revolving Note in respect thereof.
All parties now and hereafter liable with respect to this Dollar Revolving Note, whether maker, principal, surety, guarantor, endorser or otherwise, hereby waive, to the maximum extent permitted by applicable law, presentment, demand, protest and all other notices of any kind under this Dollar Revolving Note.
On or prior to the Restatement Effective Date (i) this Agreement shall have been executed and delivered as provided in Section 13.10 and (ii) there shall have been delivered to the Administrative Agent for the account of each of the Banks the appropriate Adience A Term Note, Adience B-2 Term Note, Adience C Term Note, Dollar Revolving Note and/or Sterling Revolving Note executed by the appropriate Borrower, in each case in the amount, maturity and as otherwise provided herein.
On or prior to the Initial Borrowing Date (i) the Effective Date shall have occurred and (ii) there shall have been delivered to the Administrative Agent for the account of each of the Banks the appropriate Adience B Term Note, Newco A Term Note, Newco B Term Note, Dollar Revolving Note and/or Sterling Revolving Note executed by the appropriate Borrower, in each case in the amount, maturity and as otherwise provided herein.
The Canadian Prime Loans made by each Canadian Lender shall be evidenced by a single Canadian Dollar Revolving Note of Canadian Borrowers in substantially the form of Exhibit H hereto payable to the order of such Canadian Lender in a principal amount equal to two times the Canadian Commitment of such Canadian Lender, and otherwise duly completed.
Each Dollar Swing Line Loan, once so participated by any Bank, shall cease to be a Dollar Swing Line Loan with respect to that amount for purposes of this Agreement, but shall continue to be a Dollar Revolving Loan and be evidenced by such Bank's Dollar Revolving Note.
The indebtedness of the Borrower to each Lender resulting from Dollar Revolving Advances owing to such Lender shall be evidenced by a Dollar Revolving Note of the Borrower payable to the order of such Lender in substantially the form of Exhibit A-1.