Facility 3 Note definition

Facility 3 Note means that certain Revolving Note in the maximum principal amount of $15,000,000.00 evidencing the Revolving Loans made under Facility 3.
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Facility 3 Note for all purposes of the Financing Documents. The Notes being substituted pursuant to this Agreement shall be marked "Replaced" and returned to the White Mountain Borrowers promptly after the execution and delivery of the Replacement Facility 1 Note and Replacement Facility 3 Note to the Lender.
Sample 1
Facility 3 Note means that certain Reimbursement Note in the original principal amount of Three Million Dollars ($3,000,000) 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

Examples of Facility 3 Note in a sentence

  • The Facility 3 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 3 Note.

  • Loans under Facility 3 shall be evidenced by the Facility 3 Note.

  • This Note is the "Facility 3 Note" described in a Financing and Security Agreement dated September 11, 1997 by and among Arguss, White Mountain, Conceptronic, Inc.

  • This Note is the "Facility 3 Note" described in a Financing and Security Agreement of even date herewith by and among the Borrowers, Conceptronic, Inc.

  • The Borrower shall have executed and delivered to the Lenders the Notes, the Facility 3 Note and the applicable Loan Documents with blanks appropriately completed.

  • Any draw upon the Letters of Credit issued hereunder shall be (a) evidenced by the Facility 3 Note, (b) due and payable on demand, and (c) shall bear interest at the Prime Rate.

  • The joint and several obligation of the White Mountain Borrowers to repay the advances under the Facility 3 Loan shall be evidenced by the White Mountain Borrowers' Facility 3 Note dated September 11, 1997, as increased, amended and restated in its entirety by that certain Amended and Restated Revolving Promissory Note dated October 6, 1997 from the White Mountain Borrowers in favor of the Lender (the "Facility 3 Note") payable to the Lender in the form attached hereto as EXHIBIT A-4.

  • The joint and several obligation of the White Mountain Borrowers to repay the advances under the Facility 3 Loan shall be evidenced by the White Mountain Borrowers' Facility 3 Note of even date herewith (the "Facility 3 Note") payable to the Lender in the form attached hereto as EXHIBIT A-4.

  • The Replacement Facility 3 Note shall be the "Facility 3 Note" for all purposes of the Financing Documents.

  • The Note being substituted pursuant to this Agreement shall be marked "Replaced" and returned to the White Mountain Borrowers promptly after the execution and delivery of the Replacement Facility 3 Note to the Lender.


More Definitions of Facility 3 Note

Facility 3 Note described in a Financing and Security Agreement dated September 11, 1997 by and among Arguss, White Mountain, Conceptronic, Inc. ("Conceptronic") and the Lender, which Financing and Security Agreement is being amended by that certain First Amendment to Financing and Security Agreement of even date herewith by and among the Borrowers, Conceptronic and the Lender (the Financing and Security Agreement, as amended, modified, restated, substituted, extended and renewed at any time and from time to time, is hereinafter called the "Financing Agreement"). The indebtedness evidenced by this Note is included within the meaning of the term
Sample 1
Facility 3 Note means the Facility 3 Term Note, in substantially the form of Exhibit C hereto, duly executed by Borrower to Bank to evidence the Facility 3 Loan, including any amendment, modification, renewal, extension or replacement thereof.
Sample 1

Related to Facility 3 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.

  • 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.

  • 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.

  • RMB Note means a Note denominated in Renminbi.

  • 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.

  • 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.

  • 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.

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

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

  • 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.

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

  • the obligors on a note means "the obligor or obligors on a note"). "Until [something occurs]" does not imply that it must occur, and will not be modified by the word "unless." The word "due" and the word "payable" are each used in the sense that the stated time for payment has passed. The word "accrued" is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

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

  • Tranche B Notes is defined in Section 1.

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

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

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

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

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

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

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

  • Revolver Note means any one of such Revolver Notes.

  • 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.

  • 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.