Examples of Initial Term Note in a sentence
On or prior to the Initial Borrowing Date, (i) the Effective Date shall have occurred as provided in Section 13.10 and (ii) there shall have been delivered to the Administrative Agent for the account of each of the Lenders that has requested same the appropriate Initial Term Note and/or Revolving Note executed by the Borrower and, if requested by the Swingline Lender, the Swingline Note executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.
The term U.S. financial institution means any U.S. entity (including its foreign branches) that is engaged in the business of accepting deposits, making, granting, transferring, hold- ing, or brokering a loan or other exten- sion of credit, or purchasing or selling foreign exchange, securities, com- modity futures or options, or procuring purchasers and sellers thereof, as prin- cipal or agent.
The Initial Term Note and the Variable Funding Notes purchased pursuant to this Agreement, and any Term Note exchanged pursuant to Section 2.09(a), is acquired by the Person for investment only and not with a view to any public distribution thereof, and such Person will not offer to sell or otherwise dispose of its Note in violation of any of the registration requirements of the Securities Act or any applicable state or other securities laws.
The Initial Term Loan shall be evidenced by promissory notes substantially in the form of Exhibit 1.1(a) (as amended, modified, extended, substituted or replaced from time to time, each an “Initial Term Note” and, collectively, the “Initial Term Notes”), and Borrower shall execute and deliver each Initial Term Note to the applicable Initial Term Lender.
The closing of the purchase and sale of the Initial Term Note and the Variable Funding Notes shall take place at the offices of Xxxxxx, Xxxxxxxxxx & Xxxxxxxxx, 0000 00xx Xxxxxx, XX, Xxxxxxxxxx, XX 00000, on the Closing Date (the “Closing”).