Fleet Note definition

Fleet Note as defined in Section 2.4 hereof. Line of Credit Availability: $50,000,000 as such amount may be reduced from time to time pursuant to the terms of this Agreement.
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Fleet Note shall have the meaning ascribed to such terms in the first Whereas clause.
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Fleet Note as defined in Section 2.4 hereof.
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Examples of Fleet Note in a sentence

  • This Note is the Fleet Note referred to in the Fleet Loan Agreement dated as of the date hereof (the "Loan Agreement") between the Borrower and the Bank and evidences the Fleet Loans made by the Bank thereunder.

  • The Debtor and Fleet will execute and deliver the New Fleet Note and the New Fleet Documents that will, among the things, compromise and settle any Causes of Action that the Debtor could have asserted against Fleet, Fleet's loan participant, Texas Commerce Bank, N.A., and any director, officer or agent of any of them (the "Fleet Released Parties") relating to any loans made by the Fleet Released Parties to the Debtor occurring prior to the Effective Date.

  • The issuance of the New Fleet Note will be authorized under the Plan without further act or action under applicable law, regulation, order or rule.

  • Nothing in the Plan will release the Fleet Released Parties from their obligations under the New Fleet Note and the New Fleet Documents.

  • New Fleet Note A” and “New Fleet Note B” mean the two non-recourse promissory notes issued by ATA in respect of Fleet Secured Claim A and Fleet Secured Claim B, respectively, each in the principal amount of $1,000,000, with each respective note secured by the collateral and having the terms described in the Fleet Stipulation and substantially in the form attached as Exhibits E and F respectively.

  • The promissory note shall be in the principal amount of Fifty Million ($50,000,000) Dollars and shall be in the form of Exhibit A annexed hereto (the "Fleet Note").

  • The holder of the Allowed Secured Fleet Claim will receive the New Fleet Note and the New Fleet Documents on the Effective Date; the holder of the Allowed Secured Prudential Claim will be paid in full, in the amount determined by the Bankruptcy Court, on the Effective Date; and holders of Allowed Other Secured Claims will either be reinstated, paid in Cash in full, or receive their collateral in full satisfaction of their Claims.

  • As soon as practicable after the Effective Date, at the election of the Plan Proponents, in full satisfaction, settlement, release and discharge of and in exchange for such Fleet Secured Claim A, holders of the Allowed Fleet Secured Claim A shall receive or retain the New Fleet Note A secured by the security interest provided for under the Fleet Stipulation.

  • The New Fleet Note will provide as follows: (1) The Debtor and Fleet agree and stipulate that Fleet is owed $63,079,797.34 as of the Commencement Date, together with interest and other fees, costs and expenses provided in the New Fleet Loan Documents; and (2) the outstanding principal balance of the New Fleet Note together with interest thereon will be due and payable in monthly installments as set forth in the Amortization Schedule in the New Fleet Note, with a maturity date of September 30, 1998.

  • As soon as practicable after the Effective Date, at the election of the Plan Proponents, in full satisfaction, settlement, release and discharge of and in exchange for such Fleet Secured Claim B, holders of the Allowed Fleet Secured Claim B shall receive or retain the New Fleet Note B secured by the security interest provided for under the Fleet Stipulation.


More Definitions of Fleet Note

Fleet Note means the Amended and Restated Term Note dated September 29, 2000 in the original principal amount of $7,000,000 executed by Leading Borrower in favor of Fleet.
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Fleet Note shall have the meaning provided in Section 2.1 herein. ----------
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Fleet Note means a five-year term note issued by Fleet to the Trust in an amount initially equal to the amount of the proceeds from the sale of the Fixed Rate Notes, and due on December 21, 2008, or if such day is not a Business Day on the immediately preceding Business Day.
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Related to Fleet Note

  • 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.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

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

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

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

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

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • 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.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Note Agreements means, collectively, the 2011 Note Agreement and the 2014 Note Agreement.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of June 17, 2022, between the Mortgage Loan Borrower, as borrower, and Xxxxx Fargo Bank, National Association, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Adjustment Note has the meaning given in the GST Legislation;

  • 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.

  • 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;

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • 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.

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

  • 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.

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

  • Secured Promissory Note is defined in Section 2.4.

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

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Noteless Loan means a Loan with respect to which (i) the related loan agreement does not require the obligor to execute and deliver an Underlying Note to evidence the indebtedness created under such Loan and (ii) no Underlying Notes are outstanding with respect to the portion of the Loan transferred to a Fund.