Facility 1 Note definition

Facility 1 Note means that certain Note in the original principal amount of up to $30,000,000.00 evidencing the Loan made under Facility 1, of which there remains outstanding $22,700,649.31 as of the date of the Fourth Amendment.
Sample 1Sample 2
Facility 1 Note shall have the meaning given such term in Section 2.5.
Sample 1Sample 2
Facility 1 Note has the meaning set forth in Recital B above.
Sample 1Sample 2

Examples of Facility 1 Note in a sentence

  • The Facility 1 Note shall bear interest and shall be repaid by the White Mountain Borrowers in the manner and at the times set forth in the Facility 1 Note.

  • All advances under Facility 1 shall bear interest at the interest rate set forth in the Facility 1 Note.

  • The Borrower shall repay Facility 1 pursuant to the terms of the Facility 1 Note.

  • Loans under Facility 1 shall be evidenced by the Facility 1 Note.

  • This Note is the "Facility 1 Note" described in a Financing and Security Agreement of even date herewith by and among the Borrowers, Conceptronic, Inc.

  • At the election of Borrower, the Facility 1 Note may be linked to a sweep account (the “Sweep Account”) pursuant to a Sweep Account Agreement between Lender and Borrower.

  • Borrower agrees that, prior to the Facility 1 Maturity Date, Borrower shall reduce the outstanding balance of the Facility 1 Note to a zero $0.00 balance and shall maintain such zero $0.00 balance for a period of thirty (30) consecutive days.

  • Facility 1 and all Advances thereunder shall be evidenced by the Borrower's receipts and the Facility 1 Note, and Facility 2 and all Advances thereunder shall be evidenced by the Borrower's receipts and the Facility 2 Note.

  • The joint and several obligation of the White Mountain Borrowers to repay the Facility 1 Loan shall be evidenced by the White Mountain Borrowers' Promissory Note of even date herewith (the "Facility 1 Note") payable to the Lender in the form attached hereto as EXHIBIT A-1.

  • No business entertainment or gift should be offered, given, provided or accepted by any Dominion Homes employee unless it: (1) is not a cash gift, (2) is consistent with the Company’s policy on gifts, (3) is nominal in value to the individual, (4) cannot be construed as a bribe, and (5) does not violate any laws or regulations.


More Definitions of Facility 1 Note

Facility 1 Note means that certain Revolving Note in the maximum principal amount of $30,000,000.00 evidencing the Revolving Loans made under Facility 1.
Sample 1Sample 2
Facility 1 Note means that certain promissory note described in Recital C above made by Borrower to the order of Bank in the Facility 1 Loan Amount, as amended, renewed, restated, or replaced from time to time.
Sample 1
Facility 1 Note means the $10,000,000.00 Master Revolving Promissory Note (Facility 1) executed by Borrower and delivered to Lender to evidence sums advanced and repayable under Facility 1 in substantially the form of Exhibit A-1 hereto.
Sample 1
Facility 1 Note means that certain Second Replacement Credit Note in the original principal amount of Fifty Million Dollars ($50,000,000) executed and delivered by Borrower to The Huntington National Bank of even date herewith, as the same may be renewed, extended, supplemented, replaced, modified or amended from time to time.
Sample 1
Facility 1 Note is defined in Section 2.7 of this Loan Agreement.
Sample 1
Facility 1 Note means, with respect to any Facility 1 Term Loan Lender requesting the same, the promissory note of the Borrower in favor of such Facility 1 Term Loan Lender evidencing the Facility 1 Term Loan made by such Lender pursuant to Section 2.1(a), in substantially the form of Exhibit A-1, together with any amendments, modifications and supplements thereto, substitutions therefor and restatements thereof.
Sample 1

Related to Facility 1 Note

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan A Note means a promissory note in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

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

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

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

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

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

  • Term Advance has the meaning specified in Section 2.01(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

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

  • Tranche C Loan has the meaning specified in Section 2.01(c).

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

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • RMB Note means a Note denominated in Renminbi.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility