Interim Loan Note definition

Interim Loan Note shall have the meaning given such term in Section 10 hereof;
Sample 1Sample 2Sample 3
Interim Loan Note shall have the meaning given such term in Section 10 hereof; “Interim Project Account” means any of the accounts so designated which are allocable to the Project and established under the Program Resolution;
Sample 1Sample 2Sample 3
Interim Loan Note means a promissory note substantially in the form of Exhibit B-1, as it may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1Sample 2

Examples of Interim Loan Note in a sentence

  • Except as described in Schedule B, principal forgiveness will be applied to reduce or retire the Interim Loan Note upon completion of the Project.

  • The principal amount of the Interim Loan Note from time to time outstanding shall bear interest from the date or dates of disbursement thereof to or for the account of the Borrower until repaid at the Interim Loan Interest Rate set forth in Schedule A of the Financing Agreement, calculated on the basis of actual days and a 365/366 day year, payable at maturity.

  • As part of this arrangement, the Company issued the drilling contractor a total of 5,956,357 as consideration of their services.As part of the financing arrangement outlined in note 10, the Company also issued 1,650,000 shares to the Interim Loan Note holders as part of the financing transaction.

  • Upon this declaration being made, such amounts become due and redeemable; • declare that all or part of the Interim Loan Note with accrued and capitalised interest, fees and all other amounts, be payable on demand.

  • Failure by the Company’s shareholders to approve the issue of the Castlelake Shares will constitute an event of default under the Amended LNSA, which will give Castlelake the right to: • cancel its total commitments under the LNSA;• declare all or part of the Interim Loan Note (including accrued and capitalised interest, fees and all other amounts) to be immediately due and redeemable.

  • There can be no assurances that if the Company is unable to repay the amount owed from the Interim Loan Notes on the Interim Loan Note Repayment Date, it can negotiate an outcome other than that contractually set out in the Interim Loan Note agreement, which would be enforcement of security in the event of default.

  • As part of the financing arrangement outlined in note 10 the Company issued 312,500 shares to the Interim Loan Note holders as part of the terms of the financing transaction.

  • Interim Loan Notes6,554,8225,192,664Effective interest capitalised1,368,095513,187Foreign currency movement54,40193,974 7,977,3185,799,825 As set out in Note 2(a), Graphex signed agreements for financing the development of its Chilalo Graphite Project, which comprised the US$80 million Senior Funding Package and the US$5 million Interim Loan Note facility.

  • Amounts owed under the Interim Loan Notes are due on 29 October 2020 (Interim Loan Note Repayment Date).

  • Each Senior Interim Loan Note shall be dated the Closing Date and shall be payable as provided in subsection 2.2(b) and provide for the payment of interest in accordance with subsection 3.1.

Related to Interim 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • 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).

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

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

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

  • Swingline Note means a promissory note made by the Borrower in favor of the Swingline Lender evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolver Note means any one of such Revolver Notes.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

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

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

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

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