Existing Term Loan Note definition

Existing Term Loan Note has the meaning assigned to it in Section 1.1(b)(i).
Sample 1Sample 2
Existing Term Loan Note has the meaning specified in Recital C of this Agreement.
Sample 1
Existing Term Loan Note has the meaning as specified in Section 3.1(b) hereof.
Sample 1

Examples of Existing Term Loan Note in a sentence

  • Each Existing Term Loan Note (or, if an Existing Term Loan Note is not requested, this Agreement) shall represent the joint and several obligation of Borrowers to pay the applicable Existing Term Loan Commitment, together with interest hereon as prescribed in Section 1.5.

  • The principal balance of the Existing Term Loan, the rates of interest applicable thereto and the date and amount of each payment made on account of the principal thereof shall be recorded by Agent on its books; provided, however, that the failure of Agent to make any such recordation shall not affect the obligations of Borrowers to make a payment when due of any amount owing under the Credit Agreement or this Existing Term Loan Note.

  • If any payment on this Existing Term Loan Note becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

  • Engaging undergraduate institutions and their faculty and students in this front-line research enterprise would both enrich and strengthen the workforce and the field.With the advent of tools for Open Science, we are poised for an even greater and more significant role, and in a more inclusive way.

  • Upon and after the occurrence of any Event of Default, this Existing Term Loan Note may, as provided in the Credit Agreement, and without demand, notice or legal process of any kind, be declared, and immediately shall become, due and payable.

  • The payment described in the preceding sentence that SI must make on the date of this Agreement shall be in lieu of the larger June 2002 payment that was scheduled to be made pursuant to the Existing Term Loan Note prior to the amendment of that note effected by this Agreement.

  • SI hereby acknowledges and agrees that on and after June 1, 2002, interest shall accrue (and shall be paid by SI as more particularly specified below and in the Existing Term Loan Note (as amended hereby)) on the principal balance of the Existing Term Loan at the Prime Rate plus 1.75 percent per annum.

  • Make any prepayment of principal of any debt, with a maturity of more than one year, for borrowed money (except the Notes and the Existing Term Loan Note) or for the deferred purchase price of property or services, except (i) at the stated maturity of such debt, (ii) as required by mandatory prepayment provisions relating thereto (subject to any subordination provisions applicable thereto), and (iii) with respect to existing loans made by the Bank to the Company, according to the terms of said loans.

  • SI shall pay U.S. Bank the entire balance of principal, interest, and fees owed pursuant to the Existing Term Loan Note on the earlier of (a) November 1, 2005, or (b) acceleration of the Obligations following an Event of Default, if any, under this Agreement (the earlier of which dates is referred to in this Agreement as the “Existing Term Loan Maturity Date”).

  • The guidelines established in the standard possession order are intended to guide the courts in ordering the terms and conditions for possession of a child by a parent named as a possessory conservator or as the minimum possession for a joint managing conservator.


More Definitions of Existing Term Loan Note

Existing Term Loan Note means a Term Loan Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.
Sample 1
Existing Term Loan Note means the promissory note of the Company evidencing the Existing Term Loan.
Sample 1

Related to Existing Term Loan Note

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Existing Term Loan Agreement has the meaning set forth in the recitals hereto.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Refinancing Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • 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.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • 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.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).