Existing Note definition

Existing Note means any of the promissory notes from the Borrowers to the Servicer substantially in the form attached to the Existing Loan Facility Agreement as in effect from time to time.

Existing Note shall have the meaning given to such term in the preamble hereto.

Existing Note means a Note (as defined in the Existing Credit Agreement).

Examples of Existing Note in a sentence

• On and after the date hereof, each reference in the Existing Note to “this Note”, “hereunder”, “hereof’, “herein” or words of like import referring to the Existing Note, and each reference in the other Loan Documents to the “Note”, “thereunder”, “thereof” or words of like import referring to the Existing Note shall mean and be a reference to the Existing Note as amended hereby.

• Subject to the satisfaction of the conditions precedent set forth in Section 4 below, the last sentence of clause (a) of the section titled “BORROWING AND REPAYMENT” of the Existing Note is hereby amended and restated in its entirety as follows: The outstanding principal balance of this Note shall be due and payable in full on April 21, 2026.

• Except as specifically amended hereby, all of the terms and conditions set forth in the Existing Credit Agreement and the Existing Note shall stand and remain unchanged and in full force and effect.

• This 2021 Sewer Note amends and restates the Existing Note but is not intended to be or operate as a novation or an accord and satisfaction of the Existing Note or the indebtedness, obligations and liabilities of the District evidenced or provided for thereunder.

More Definitions of Existing Note

Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

Existing Note means the Note, as such term is defined in the Existing Credit Agreement, in existence on the Closing Date immediately prior to the Assignment.

Existing Note means the $2,400,000 Senior Second Lien Secured Convertible Note due 2025, Certificate No. A-1, dated February 22, 2021, by the Company in favor of the Existing Holder.

Existing Note means each of the notes issued under and governed by the Existing Indenture;

Existing Note shall have the meaning ascribed to such term in Recital Paragraph B.

Existing Note means the $2,000,000,000 intercompany note due 2018 between ERS and MJC.

Existing Note shall have the meaning assigned to such term in Section 2.04(e).