Incremental Term Notes definition
Examples of Incremental Term Notes in a sentence
This Incremental Term Note is one of the Incremental Term Notes referred to in the Credit Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.
This Agreement, together with the Credit Agreement, the Series [ ] Incremental Term Notes and any fee letter executed by any Incremental Term Lender and the Borrower in connection herewith, together constitute the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede any and all prior agreements and understandings, oral or written, relating to the subject matter hereof.
The Borrower agrees to pay on demand all reasonable and invoiced out-of-pocket fees, charges and expenses of a single counsel for the Administrative Agent in connection with this Agreement, the Series [ ] Incremental Term Notes and the other documents to be delivered hereunder.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Loan Commitment Agreement, and at such time, (i) Schedule I shall be deemed modified to reflect the revised Incremental Term Loan Commitments of the affected Lenders and (ii) to the extent requested by any Incremental Term Loan Lender, Incremental Term Notes will be issued, at the Borrower’s expense, to such Incremental Term Loan Lender in conformity with the requirements of Section 2.05.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Loan Commitment Agreement, and at such time, (i) Schedule I shall be deemed modified to reflect the Incremental Term Loan Commitments of the affected Lenders and (ii) to the extent requested by any Incremental Term Loan Lender, Incremental Term Notes will be issued, at the Borrower’s expense, to such Incremental Term Loan Lender in conformity with the requirements of Section 2.05.
The Revolving Credit Notes, the Incremental Term Notes and the Bid Rate Notes.
The Borrower agrees to pay on demand all reasonable and invoiced out-of-pocket fees, charges and expenses of a single counsel for the Agent in connection with this Agreement, the Series [ ] Incremental Term Notes and the other documents to be delivered hereunder.
This Promissory Note is one of the Incremental Term Notes to in, and is entitled to the benefits of, the Credit Agreement.
The principal amount of each Incremental Term Loan ---------------------- shall be evidenced by an Incremental Term Note, substantially in the form of attached hereto as Exhibit E, and the balance due from time to time on the ---------- Incremental Term Notes shall be conclusively evidenced by the Bank's records, disbursements and repayments, subject to Subsection 3.1(f) hereof.
Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Loan Commitment Agreement, and at such time, (i) Schedule 2.1 shall be deemed modified to reflect the revised Incremental Term Loan Commitments of the affected Lenders and (ii) to the extent requested by any Incremental Term Loan Lender, Incremental Term Notes will be issued, at Company’s expense, to such Incremental Term Loan Lender in conformity with the requirements of Section 2.1E.