Line of Credit Note definition

Line of Credit Note shall have the meaning given the term in Section 2.1.a.
Line of Credit Note means a note executed by Borrower in favor of Bank, substantially in the form of Exhibit A-1 attached hereto in the committed principal amount of Bank’s Line of Credit Commitment evidencing the obligation of Borrower to repay its Line of Credit Loans.
Line of Credit Note has the meaning given to it in Section 1.1(a).

Examples of Line of Credit Note in a sentence

  • Borrower may from time to time during the term of the Line of Credit borrow, partially or wholly repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions contained herein or in the Line of Credit Note; provided however, that the total outstanding borrowings under the Line of Credit shall not at any time exceed the maximum principal amount available thereunder, as set forth above.

  • Borrower's obligation to repay advances under the Line of Credit shall be evidenced by a promissory note substantially in the form of Exhibit A attached hereto ("Line of Credit Note"), all terms of which are incorporated herein by this reference.

  • The outstanding principal balance of the Line of Credit shall bear interest at the rate of interest set forth in the Line of Credit Note.

  • Interest shall be payable at the times and place set forth in the Line of Credit Note.

  • Credit under Facility A shall be repayable as set forth in a Line of Credit Note executed concurrently with this agreement, and any renewals, modifications, extensions, rearrangements, restatements thereof and replacements or substitutions therefor.


More Definitions of Line of Credit Note

Line of Credit Note has the meaning ascribed thereto in Section 2.1(a) hereof.
Line of Credit Note means that certain Line of Credit Note of even date herewith from Borrower to Bank, in the principal amount of $100,000,000.00, and includes any amendment to or modification of such note and any promissory note given in extension or renewal of, or in substitution for, such note.
Line of Credit Note means either a US Line of Credit Note or Canadian Line of Credit Note, as the case may be.
Line of Credit Note means the promissory note of even date herewith in the maximum principal amount of Two Million and 00/100 ($2,000,000.00) Dollars, as the same may be amended and/or restated from time to time.
Line of Credit Note means Borrower’s revolving promissory note evidencing its obligation to repay Line of Credit Advances, payable to the order of Bank in substantially the form of Exhibit A attached hereto, all terms of which are incorporated herein by this reference.
Line of Credit Note referred to in the Loan Agreement shall hereafter be deemed to refer to the Amended Note.
Line of Credit Note shall have the meaning set forth in Section 2.1 of this Agreement, together with all replacements, amendments and renewals thereof.