Examples of Facility D Note in a sentence
Drafts drawn against any Standby Letter of Credit will be funded by debits to Facility D and constitute Loans evidenced by the Facility D Note.
All remaining unpaid principal, accrued interest and all other sums and costs incurred by Bank, pursuant to the Facility D Note or the making of the Facility D Loans, shall be due and payable on the Facility D Expiry Date without notice, presentment or demand.
Any Letter of Credit Obligation may, upon request of the L/C Issuer, be evidenced by a Facility D Note in the form attached hereto as Exhibit B.
Subject to the terms of this Agreement, Bank has made, and Borrower has taken, a term loan in the principal amount of $873,000.00, (the “Facility D Term Loan”) which is evidenced by the Facility D Note and which shall accrue interest and be payable as to principal and interest as provided therein with a final maturity on the Maturity Date.
The obligations of Borrowers to repay the unpaid principal amount of the Facility D Loans made to any Borrower by Bank and to pay interest on the unpaid principal amount thereof shall be joint and several and shall be evidenced by the Sixth Amended and Restated Facility D Note dated as of the Closing Date by Borrowers in favor of Bank, in substantially the form attached as Exhibit “B” to this Agreement, with the blanks appropriately filled (the “Facility F Note”).
The executed Facility D Note will be delivered by Borrowers to Bank on the Closing Date.
This Facility D Note shall be governed by, and shall be construed and enforced in accordance with, the laws of the Commonwealth of Pennsylvania without regard to the principles of the conflicts of laws thereof.
Mortgagor and Mortgagee desire to amend the Mortgage to reflect, among other things, the amendment of the Credit Agreement by that certain Twelfth Amendment to Loan Agreement dated the date hereof (the "AMENDMENT") pursuant to which Mortgagee has agreed at Borrowers' request to increase the aggregate principal amount of the Facility D Loans to $11,000,000 through the issuance of the Fifth Amended and Restated Facility D Note ("AMENDED FACILITY D NOTE").
This Facility D Note is secured by, and is entitled to the benefits of, the Loan Documents, as the same may be amended, modified or supplemented from time to time.
The Facilities shall be evidenced by the Facility A Note, the Facility B Note, the Facility C Note and the Facility D Note.