Equipment Line of Credit Note definition

Equipment Line of Credit Note means the Promissory Note (Line of Credit Converting to Term Loan)(Equipment Line of Credit) of even date herewith and all renewals and amendments thereof, evidencing the Equipment Line of Credit.
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Equipment Line of Credit Note shall have the meaning assigned to such term in Section 8.01.
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Equipment Line of Credit Note. The Equipment Line of Credit Note described in ------------------------------ Subsection 4(g) hereof, as may be amended, restated, substituted for and/or extended from time to time. "Equipment Loan": The loan described in Section 4 hereof. --------------- "Equipment Loan Advances: As described in Subsection 4(a) hereof. ------------------------- "Equipment Loan Advance Limit: As described in Subsection 4(a) hereof ------------------------------- "Equipment Term Notes": The Term Notes described in Subsection 4(g) hereof, as ---------------------- may be amended, restated, substituted for and/or extended from time to time. "Eurodollar Business Day": Any Business Day on which commercial Banks are open ------------------------ for international business including dealings in dollar deposits in London, England.
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Examples of Equipment Line of Credit Note in a sentence

  • Under English Law there are two main ways in which a house can be owned by two people buying a property together: ‘Joint Tenants’ and ‘Tenants in Common’.Purchasing a property as ‘Joint Tenants’ is the most common way and the effect of this is that the whole of the property belongs to both parties.

  • The Credit Agreement provided for, among other things, a Committed Revolving Line in the original principal amount of Four Million and 00/100 Dollars ($4,000,000.00), as evidenced by an Amended and Restated Promissory Note, dated June 18, 1996 (the "Working Capital Line of Credit Note"), and a Committed Equipment Line in the original principal amount of Two Million and 00/100 Dollars ($2,000,000.00), as evidenced by a Promissory Note, dated June 18, 1996 (the "Equipment Line of Credit Note").

  • Such Equipment Line of Credit Note and all Term Notes executed pursuant thereto, together are referred to as the 'Notes', as such Notes may be modified, extended and/or amended from time to time.

  • There shall be no more than one (1) Eurodollar Loan outstanding with respect to the Equipment Line of Credit Note and with respect to each Equipment Term Note at any one time and the minimum amount of any Eurodollar Loan shall be at least $250,000.

  • Each advance shall be documented by a separate promissory note (hereinafter referred to as an "Equipment Line of Credit Note") and shall be repaid in equal monthly installments of principal and interests over a period not to exceed sixty (60) months as more particularly provided therein.

  • Initially, the principal amount of the --------------------------------- Equipment Loan Advances to be made by the Bank shall all be evidenced by a single promissory note of the Borrower (the "Equipment Line of Credit Note"), substantially in the form of attached hereto as Exhibit F, in the principal face --------- amount equal to the Equipment Loan Advance Limit.

  • The Equipment Line of Credit shall be evidenced by an Equipment Line of Credit Note (the “Equipment Line of Credit Note”), which Borrower shall execute and deliver to the Bank at Closing.

  • If the Borrower and/or any endorser or guarantor of the Line of Credit Note, the Term Note or the Equipment Line of Credit Note shall voluntarily suspend transaction of its business.

  • The primary care team, a specialist consultant (when needed), and a care manager (when needed) work together to provide the level of professional support needed to achieve a favourable outcome.

  • Simultaneously with the execution and delivery of this Amendment No. 3, the Borrower shall execute and deliver to the Bank a Second Amended and Restated Line of Credit Note and a Third Amended and Restated Equipment Line of Credit Note (the "AMENDED NOTES").


More Definitions of Equipment Line of Credit Note

Equipment Line of Credit Note means the promissory note referred to in Section 2.4(b) hereof.
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Equipment Line of Credit Note. The Equipment Line of Credit Note described in Subsection 2.2(g) and any promissory notes in renewal thereof or substitution or replacement therefor.
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Related to Equipment Line of Credit Note

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

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

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

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

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

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • 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 C-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.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Credit Line as defined in Section 2.1.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Equipment Advance is defined in Section 2.1.1.

  • Equipment Line is an Equipment Advance or Equipment Advances in an aggregate amount of up to One Million Dollars ($1,000,000).

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Term Loan as defined in Section 2.1.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • 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 Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • 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.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.