Facility 2 Note definition

Facility 2 Note means that certain Revolving Note in the maximum principal amount of $25,000,000.00 evidencing the Revolving Loans made and the Letters of Credit (up to a maximum amount outstanding of $10,000,000.00) issued under Facility 2.
Facility 2 Note shall have the meaning given such term in Section 2.5.
Facility 2 Note has the meaning set forth in Recital B above.

Examples of Facility 2 Note in a sentence

  • Loans under Facility 2 shall be evidenced by the Facility 2 Note.

  • The Facility 2 Note and each Facility 2 Term 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 2 Note and each Facility 2 Term Note, as the case may be.

  • All advances under Facility 2 shall bear interest at the interest rate set forth in the Facility 2 Note.

  • It is also the most common reason being mentioned in 7out of 9(77.77%) views.Table 23 Favourite view and Reason for favourite view in LRS-BT area favourite viewThe most diverse view in terms of reason of preference is the view of Churchill road to Piassa.

  • 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.

  • Major U.S. Fuel Cycle Facility Sites 0 Uranium Fuel Fabrication Facility (7)* Uranium Conversion Facility (1)A Gaseous Diffusion Enrichment Facility (2) Note: There are no fuel cycle facilities in Alaska and Hawaii.

  • The White Mountain Borrowers agree that the outstanding principal amount under the Facility 2 Note shall be converted into fully amortizing term loans on the earlier of (i) the date on which the outstanding balance thereof exceeds Two Million and No/100 Dollars ($2,000,000.00), or (ii) the date which is six (6) months from the date of the execution and delivery of the Facility 2 Note or the immediately preceding Conversion Date.

  • The joint and several obligation of the White Mountain Borrowers to repay the advances under the Facility 2 Loan shall be evidenced by the White Mountain Borrowers' Facility 2 Note dated as of January 2, 1998 (the "Facility 2 Note") payable to the Lender in the form attached hereto as EXHIBIT A-2.

  • This Note is the "Facility 2 Note" described in a Financing and Security Agreement of even date herewith by and among the Borrowers, Conceptronic, Inc.

  • Sums borrowed and repaid may be readvanced under the Facility 2 Note, subject to the terms and conditions of this Agreement.


More Definitions of Facility 2 Note

Facility 2 Note means that certain Second Replacement Credit Note in the original principal amount of Ten Million Dollars ($10,000,000) 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.
Facility 2 Note means the $10,000,000.00 Master Revolving Promissory Note (Facility 2) executed by Borrower and delivered to Lender to evidence advances made and repayable under Facility 2 in substantially the form of Exhibit A-2 hereto.
Facility 2 Note is defined in Section 2.7 of this Loan Agreement.
Facility 2 Note means the Facility 2 Term Note, in substantially the form of Exhibit B hereto, duly executed by Borrower to Bank to evidence the Facility 2 Loan, including any amendment, modification, renewal, extension or replacement thereof.
Facility 2 Note means that certain promissory note described in Recital C above made by Borrower to the order of Bank in the Facility 2 Loan Amount, as amended, renewed, restated, or replaced from time to time.
Facility 2 Note means, with respect to any Revolving Lender or Facility 2 Term Loan Lender requesting the same, the promissory note of the Borrower in favor of such Revolving Lender or Facility 2 Term Loan Lender evidencing the Revolving Loans or Facility 2 Term Loans made by such Lender pursuant to Sections 2.1(b) and 2.1(c), in substantially the form of Exhibit A-2, together with any amendments, modifications and supplements thereto, substitutions therefor and restatements thereof.

Related to Facility 2 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.

  • 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.

  • 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.

  • 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.

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

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

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

  • Tranche A Note means a promissory note of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances.

  • 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.

  • 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).

  • Tranche B Notes is defined in Section 1.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • 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.

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

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

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

  • 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.

  • Term Loan C has the meaning set forth in Section 2.2(c).

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

  • 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

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

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

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

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