FFB Promissory Note definition

FFB Promissory Note. The Promissory Note to be entered into by the Borrower in favor of FFB and guaranteed by DOE.
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FFB Promissory Note. The promissory note issued by the Borrower in favor of FFB, purchased by FFB pursuant to the FFB Note Purchase Agreement and guaranteed by the Guarantor.
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FFB Promissory Note. As the context shall require, (a) the Original Promissory Note and the Additional Promissory Note, collectively or (b) either such promissory note, individually.
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Examples of FFB Promissory Note in a sentence

  • All Taxes and filing fees and Periodic Expenses that are due and payable in connection with the execution, delivery or recordation of the Deeds of Trust and the Financing Statements, or the execution, issuance and delivery of the FFB Promissory Note, or the mortgaging of the mortgaged property under the Deed of Trust, have been paid or satisfactory arrangements have been made with the relevant Credit Parties to satisfy such obligations.

  • Subject to the satisfaction (or waiver by the Relevant Credit Party in writing) of each applicable condition precedent set forth in Article 4 and in the DOE Credit Facility, Advances under the DOE Credit Facility shall be made during the applicable Availability Period; provided, however, that, notwithstanding anything to the contrary contained in the FFB Promissory Note, no Advances under the DOE Credit Facility will be made to pay interest on the DOE Credit Facility after December 15, 2011.

  • All taxes and filing fees and Periodic Expenses that are due and payable in connection with the execution, delivery and filing or recordation of the Building Loan Agreement, the Mortgage and the Financing Statements, or the execution, issuance and delivery of the FFB Promissory Note, or the mortgaging of the mortgaged property under the Mortgage, have been paid or satisfactory arrangements have been made with the relevant Credit Parties to satisfy such obligations.

  • If DOE receives any notice from FFB pursuant to the applicable FFB Promissory Note requiring DOE to approve each Maturity Extension Election Notice (as defined therein) delivered by the Borrower after the date of such notice, then DOE shall approve each such Maturity Extension Election Notice so long as no Potential Default, Event of Default, Potential Alternate Amortization Event or Alternate Amortization Event is continuing.

  • All taxes and filing fees and Periodic Expenses that are due and payable in connection with the execution, delivery or recordation of the Mortgage and the Financing Statements, or the execution, issuance and delivery of the FFB Promissory Note, or the granting of the security title and security interest on the property under the Mortgage, have been paid or satisfactory arrangements have been made with the relevant Secured Parties to satisfy such obligations.

  • If DOE receives any notice from FFB pursuant to Section 14(a)(3)(B) of the applicable FFB Promissory Note requiring DOE to approve each Maturity Extension Election Notice (as defined therein) delivered by the Borrower after the date of such notice, then DOE shall approve each such Maturity Extension Election Notice so long as no Potential Default, Event of Default, Potential Mandatory Prepayment Event or Mandatory Prepayment Event is continuing.

  • Each payment shall be applied by the Collateral Agent in accordance with the Accounts Agreement; provided, however, that, notwithstanding any instructions to the contrary in the applicable FFB Promissory Note, for purposes of administering payments to FFB, the Borrower shall remit such payments directly to an account designated by the Loan Servicer for payment to FFB.

  • Only for the initial Advance under the Additional FFB Credit Facility Documents, DOE shall have received a certification from the Borrower that (a) the Borrower has drawn or will draw, concurrently with the Advance under the Additional FFB Credit Facility Documents, all remaining FFB Credit Facility Commitments under the Original FFB Credit Facility Documents or (b) the Availability Period under the Original FFB Promissory Note has expired.

  • All Taxes and Periodic Expenses that are due and payable in connection with the execution, delivery or recordation of the Deed to Secure Debt and UCC financing statements, or the execution, issuance and delivery of the FFB Promissory Note, or the granting of the security title and security interest on the property under the Deed to Secure Debt, have been paid or satisfactory arrangements have been made with the relevant Secured Parties to satisfy such obligations.

  • These terms include any provisions in the FFB Promissory Note, the Common Agreement and the FFB Program Financing Agreement which permit borrowing, repayment and reborrowing, or which provide that the interest rate on one or more of the Secured Obligations may vary from time to time.

Related to FFB Promissory Note

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Secured Promissory Note is defined in Section 2.4.

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

  • Bridge Note means a promissory note of the Borrower in the form attached as Exhibit B hereto evidencing the Bridge Loan of any Lender.

  • Secured Promissory Note Record is a record maintained by each Lender with respect to the outstanding Obligations owed by Borrower to Lender and credits made thereto.

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Revolver Note means any one of such Revolver Notes.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Note A shall have the meaning assigned to such term in the recitals.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.