Initial Term Notes definition

Initial Term Notes means one or more promissory notes dated the date hereof made by Borrower and payable to one or more Lenders in the aggregate principal amount of $175,000,000.00, evidencing the Term Loan Facility.
Sample 1
Initial Term Notes means the term notes issued by the Issuer to the Term Holders pursuant to Section 2.01.
Sample 1
Initial Term Notes shall have the meaning provided in Section 1.05(a).
Sample 1

Examples of Initial Term Notes in a sentence

  • The Borrowers agree that in order to evidence the Initial Term Loan, the Borrowers will execute and deliver to each Lender on the Closing Date a promissory note, dated the Closing Date, substantially in the form of Exhibit A (collectively, the "Initial Term Notes"), payable to the order of such Lender in the principal amount of its respective Percentage Interest in the Initial Term Loan.

  • Each such promissory note shall (i) in the case of the Initial Term Loan, be in the form of Exhibit B-1 (an “Initial Term Note”), (ii) in the case of the Delayed Draw Tranche A Loan, be in the form of Exhibit B-2 (a “Delayed Draw Tranche A Note”) and (iii) in the case of the Delayed Draw Tranche B Loan, be in the form of Exhibit B-3 (a “Delayed Draw Tranche B Note”, and, together with the Initial Term Notes and the Delayed Draw Tranche A Notes, the “Notes”).

  • If any Holder fails to deliver a notice to the Administrative Agent of its election to decline receipt of its Applicable Percentage of any mandatory prepayment within the time frame specified by the Administrative Agent, such failure will be deemed to constitute an acceptance of such Holder’s Applicable Percentage of the total amount of such mandatory prepayment of Initial Term Notes and Additional Term Notes.

  • Any form of Variable Funding Note, an Initial Term Note or a Quarterly Term Note approved by or pursuant to an Issuer Certificate must be acceptable as to form to the Indenture Trustee, such acceptance to be evidenced by the Indenture Trustee’s authentication of Variable Funding Notes, Initial Term Notes or Quarterly Term Notes in that form or a certificate signed by an Indenture Trustee Authorized Officer and delivered to the Issuer.

  • This Note is one of the Initial Term Notes referred to in the Term Loan Credit Agreement, dated as of April 15, 2014, among the Borrower, various Lenders, Bank of America, N.A., as Administrative Agent and Collateral Agent (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Term Loan Credit Agreement”) and is entitled to the benefits thereof and of the other Credit Documents (as defined in the Term Loan Credit Agreement).

  • The obligation of Purchaser to accept for payment Shares validly tendered pursuant to the Offer and to pay the Per Share Amount for each such tendered and not subsequently withdrawn Share shall be subject only to the Tender Offer Conditions.

  • Notwithstanding anything to the contrary set forth herein, no Prepayment Premium shall be required in connection with any voluntary prepayment of Initial Term Notes in an amount of up to $100,000,000 in the aggregate during the term of this Agreement if such prepayment is applied from cash generated from operations of Holdings and its Restricted Subsidiaries.

  • The Termed-Out Loan of each Lender pursuant to Section 2.01(b)(ii) shall be evidenced by an amended and restated promissory note of the Borrower in substantially the form of Exhibit A-3, dated the Term-Out Date, payable to such Lender in a principal amount equal to the amount of such Termed-Out Loan and otherwise duly completed (an “Amended and Restated Term Note”), which Amended and Restated Term Note of such Lender shall amend and restate the Initial Term Notes of such Lender.

  • This note is one of the Initial Term Notes referred to in the Credit Agreement that, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events, for optional and mandatory prepayment of the principal hereof prior to the maturity hereof and for the amendment or waiver of certain provisions of the Credit Agreement, all upon the terms and conditions therein specified.

  • The Serial Notes and Initial Term Notes offered and sold to "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) will be issued initially in global form, substantially in the form of Exhibits A-1 and A-2, respectively, attached hereto (including footnotes 1 through 4 thereto), respectively.


More Definitions of Initial Term Notes

Initial Term Notes shall have the meaning given such term in Section 2.02 hereof.
Sample 1
Initial Term Notes means any promissory notes of Company issued pursuant to Section 2.1E to evidence the Initial Term Loans of any Lenders, substantially in the form of Exhibit IV annexed hereto, as they may be amended, supplemented or otherwise modified from time to time.
Sample 1

Related to Initial Term Notes

  • Medium Term Notes means Securities that are collateralized in an amount equal to their full Outstanding principal amount and have a Stated Maturity in excess of 270 days after the date of original issuance thereof.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

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

  • Principal Terms means, with respect to any Series, (i) the name or designation; (ii) the initial principal amount (or method for calculating such amount), the Invested Amount, the Series Invested Amount and the Required Series Transferor Amount; (iii) the Certificate Rate (or method for the determination thereof); (iv) the payment date or dates and the date or dates from which interest shall accrue; (v) the method for allocating Collections to Investor Certificateholders; (vi) the designation of any Series Accounts and the terms governing the operation of any such Series Accounts; (vii) the Servicing Fee; (viii) the issuer and terms of any form of Series Enhancements with respect thereto; (ix) the terms on which the Investor Certificates of such Series may be exchanged for Investor Certificates of another Series, repurchased by a Transferor or remarketed to other investors; (x) the Series Termination Date; (xi) the number of Classes of Investor Certificates of such Series and, if more than one Class, the rights and priorities of each such Class; (xii) the extent to which the Investor Certificates of such Series will be issuable in temporary or permanent global form (and, in such case, the depositary for such global certificate or certificates, the terms and conditions, if any, upon which such global certificate may be exchanged, in whole or in part, for Definitive Certificates, and the manner in which any interest payable on a temporary or global certificate will be paid); (xiii) whether the Investor Certificates of such Series may be issued in bearer form and any limitations imposed thereon; (xiv) the priority of such Series with respect to any other Series; (xv) whether such Series will be part of a Group; (xvi) whether such Series will be a Principal Sharing Series; (xvii) whether such Series will be an Excess Allocation Series; (xviii) the Distribution Date; and (xix) any other terms of such Series.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Replacement Term Loans has the meaning specified in Section 10.01.