Incremental Note definition

Incremental Note and "Incremental Notes": as defined in Section 2.2(c).
Incremental Note means an Incremental Term Note or an Incremental Revolving Credit Note, as the context may require.
Incremental Note has the meaning set forth in Section 2.7(b).

Examples of Incremental Note in a sentence

  • In this example, we’re adding a new address for the “Duke Kahanamoku Elementary School”.

  • Borrowers shall use the proceeds of any Incremental Note for general working capital purposes and Capital Expenditures.

  • Each Incremental Note shall bear interest on the unpaid Principal balance thereof from the date of issuance thereof until repayment of such Incremental Note in full.

  • Each Purchaser is obligated to purchase its Incremental Note Commitment Amount of Incremental Notes on the applicable Subsequent Closing Date.

  • Each Purchaser is obligated to purchase its Incremental Note Commitment Percentage of Incremental Notes on the applicable Subsequent Closing Date.


More Definitions of Incremental Note

Incremental Note means an Incremental Term Loan Note or an Incremental Revolving Credit Note, as the context may require.
Incremental Note means a promissory note made by the Domestic Borrowers in favor of an Incremental Lender evidencing Incremental Loans made by such Incremental Lender, substantially in the form of Exhibit C-2.
Incremental Note has the meaning specified in Section 7.03(j).
Incremental Note means a note in the maximum principal amount of Sixty Million Dollars, substantially in the form of Exhibit A hereto, issued by the Issuer to the Purchaser. The Incremental Note will evidence the increase in the commitment evidenced by this Amendment and will be equally and notably secured with all Notes issued pursuant to the terms of the Basic Documents.
Incremental Note shall have the meaning provided in Section 2.05(a).
Incremental Note has the meaning assigned to such term in the definition ofIncremental Term Facility”.
Incremental Note has the meaning specified in Section 7.03(j). “Incremental Term Loan” has the meaning specified in Section 2.16(a). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount of all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments;