Existing Term Notes definition

Existing Term Notes. As defined in the Recitals.
Existing Term Notes means the Term Notes of the Borrower delivered to the Existing Lenders under the Existing Credit Agreement.
Existing Term Notes has the meaning ascribed to it in Section 1.1(a).

Examples of Existing Term Notes in a sentence

  • The Existing Term Notes shall continue to be secured by the security interest provided in the Security Agreement.

  • The Borrower's obligations under the Existing Term Notes shall continue in full force and effect in accordance with the terms thereof.

  • It is hereby understood and agreed that the Existing Term Notes shall be and are subject to the terms and conditions of this Agreement.

  • The Borrower is presently indebted to the Bank under a certain promissory note dated May 28, 1992 in the original principal sum of $2,000,000.00 (the "Existing Term Notes").

  • This First Amendment shall not affect and there remain outstanding from the Borrower to the Banks, the Existing Term Notes and the Related Bank Debt.


More Definitions of Existing Term Notes

Existing Term Notes means the promissory notes of PDK in favor of the Chase dated November 30, 1992, July 6, 1995 and March 28, 1996, respectively, and evidencing the Existing Term Loans.
Existing Term Notes shall be the collective reference to the Term Notes referred to in, and defined under, the Existing Credit Agreement.
Existing Term Notes. Those certain promissory notes from the Borrower to FNB-O, FirsTier, FNB-W, NBD, Norwest and Boatmen's dated as of April 16, 1993, July 8, 1993, August 30, 1994, November 29, 1994, and February 27, 1995. FirsTier: FirsTier Bank, National Association, Lincoln, Nebraska, a national banking association having its principal place of business at 13th and X Xxxxxxx, Xxxxxxx, Xxxxxxxx 00000, and its successors and assigns (it being acknowledged that First Bank is the successor in interest to FirsTier).
Existing Term Notes. Those certain promissory notes from the Borrower to FNB-0, FirsTier, FNB-W, NBD, Norwest and Boatmen's dated as of July 7, 1992, October 1, 1992, October 12, 1992, October 19, 1992, November 3, 1992, January 4, 1993, February 9, 1993, April 16, 1993, July 8, 1993, August 30, 1994, November 29, 1994, and February 27, 1995, and all extensions, renewals, and substitutions of or for the foregoing. Farm Credit: Farm Credit Services of the Midlands, PCA, a production credit association organized under the laws of United States, and having its principal place of business at 000 Xxxxx 00xx Xxxxxx, Xxxxx, Xxxxxxxx 00000. First Bank: First Bank, National Association, a national banking association having its principal place of business at 13th and X Xxxxxxx, Xxxxxxx, Xxxxxxxx 00000, and its successors and assigns (it being acknowledged that First Bank is the successor in interest to FirsTier).
Existing Term Notes. That certain promissory note from the Borrower to FNB-O, FirsTier, FNB-W, NBD, Norwest and Boatmen's (now NationsBank, N.
Existing Term Notes. The Term Notes outstanding immediately prior to the effectiveness of the Second Amendment, evidencing obligations of the Borrower to repay the Existing Term Loans.
Existing Term Notes means those term loans from the Bank to Borrower existing as of the date hereof.