Initial Loan Note definition

Initial Loan Note means a promissory note of the Borrower payable to any Lender or its registered assigns, in substantially the form of Exhibit B hereto, evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from the Loans made by such Lender.
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Initial Loan Note shall have the meaning provided in Section 2.01(e) of the Agreement.
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Initial Loan Note has the meaning given in Section 1.2(b);
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Examples of Initial Loan Note in a sentence

  • Upon request, and the surrender by the assigning Lender of its Initial Loan Note, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender.

  • Each Lender may attach schedules to its Initial Loan Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.

  • Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) an Initial Loan Note, which shall evidence such Lender’s Loans in addition to such accounts or records.

  • Upon the terms and subject to the conditions herein set forth, provided that the Facility Termination Date shall not have occurred, the Lender shall make an initial advance (the "Initial Loan Note Funding") to the Borrower on or after the Closing Date.

  • In connection with the Initial Loan Note Funding, the Borrower shall, by notice in the form of Exhibit A hereto (the "Funding Notice") request such Funding by noon (Toronto time) at least one Business Day prior to the proposed date of such Initial Loan Note Funding.

  • Such new Notes shall be dated the same date as the surrendered Notes and be in substantially the form of Exhibit C-1 (Form of Initial Loan Note) or Exhibit C-2 (Form of Extended Loan Note), as applicable.

  • Such notice shall specify the proposed Funding amount (which shall be at least Cdn.$1,000,000) and the proposed date of the Initial Loan Note Funding and shall include the Borrowing Base calculation and a spreadsheet file containing the field names listed in Exhibit C hereto.

  • The principal of each Initial Loan Note shall be stated to be payable on the Initial Maturity Date and the principal of each Funding Loan Note shall be stated to be payable on each Repayment Date and the Maturity Date.

  • To the extent requested by any Lender, the Borrower shall execute and deliver to such Lender an Initial Loan Note dated the Effective Date substantially in the form of Exhibit A-1 hereto (an “Initial Loan Note”) to evidence the Initial Loan made by such Lender.

  • Simultaneously with the delivery of a Funding Loan Note to a Lender, such Lender shall cancel and deliver its Initial Loan Note to NRG Newark.


More Definitions of Initial Loan Note

Initial Loan Note has the meaning assigned such term in Section 2.02(d).
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Initial Loan Note and “Initial Loan Notes” have the meanings specified in Section 1.3(a).
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Initial Loan Note means a promissory note made by the Borrower in favor of an Initial Lender evidencing the Initial Loans of such Lender, substantially in the form of E xhibit B-1.
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Related to Initial Loan Note

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Initial Loan is defined in Section 2.1.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.