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 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 Exhibit B-1.
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Initial Loan Note shall have the meaning provided in Section 2.01(e) of the Agreement.
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Examples of Initial Loan Note in a sentence

  • 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.

  • 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 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.

  • 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.

  • 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.

  • MSIL provides funding for development subsidiaries via Slough Urban Renewal LLP under the PSP Initial Loan Note Instrument.

  • 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.

  • 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.

  • 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.

  • 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.


More Definitions of Initial Loan Note

Initial Loan Note and “Initial Loan Notes” have the meanings specified in Section 1.3(a).
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Initial Loan Note has the meaning given in Section 1.2(b);
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Initial Loan Note has the meaning assigned such term in Section 2.02(d).
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Related to Initial Loan Note

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

  • Loan Note means any loan note issued in accordance with the arrangements for any loan note alternative in the Scheme or, as the case may be, the Offer.

  • 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(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Loan Notes means the promissory notes of the Borrower in favor of each Lender evidencing the Loans made to the Borrower and substantially in the form of Exhibit 2.6(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • 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 in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

  • 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 Company in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form of Exhibit B-4.

  • 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.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • 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 an outstanding 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 means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Term Loan as defined in Section 2.1.

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.