Incremental Note definition
Examples of Incremental Note in a sentence
For each Bank which has only an Incremental Note, such Incremental Note shall constitute the Note the Borrower is obligated to deliver to such Bank as provided in Section 3.01.
The Agent shall have received, for each Incremental ----------------- Loan Lender, an Incremental Note duly executed by the Borrowers in favor of such Lender in a principal amount equal to such Incremental Loan Lender's Incremental Loan Commitment.
The portion of the Tranche B Notes purchased by each Purchaser shall be evidenced by a promissory note, substantially in the form of Exhibit C hereto (except that if the Issuer and any applicable Purchaser has agreed to a form of Bridge Note or Incremental Note that is different than Exhibit C, such Tranche B Notes shall be substantially in the form of such different Note), executed by the Issuer in an original principal amount equal to such Purchaser’s applicable share of the Tranche B Notes.
The Agent shall have received, if desired by any Incremental Loan Lender, an Incremental Note duly executed by the Borrower in favor of such Lender in a principal amount equal to such Incremental Loan Lender’s Incremental Loan Commitment.
Such payment shall be made for the account of the Lender at the office of The Chase Manhattan Bank located at 1 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇r at such other office as the holder of this Incremental Note may notify the undersigned and as agreed to by The Chase Manhattan Bank.