Loan Note Conditions definition

Loan Note Conditions has the meaning specified in Clause 1.1 (Definitions). "Loan Note Enforcement Notice" has the meaning specified in Loan Note Condition 9.3 (Delivery of Loan Note Enforcement Notice).
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Loan Note Conditions means, in respect of any Loan Note, the terms and conditions of such Loan Note as specified in the relevant Loan Note Supplement for such Loan Note;
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in Schedule 2 of the Security Trust Deed, as may be modified, amended or supplemented in respect of any Loan Note or series of Loan Notes by the relevant Loan Note Supplement;
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Examples of Loan Note Conditions in a sentence

  • No transfer of the Loan Note represented by this Loan Note Certificate shall be permitted except in accordance with Clause 4.4 (Transfers of Loan Notes) of the Security Trust Deed and Cash Management Agreement and the Loan Note Conditions.

  • The Loan Note Conditions in respect of each Series of Loan Notes shall be binding on the Loan Note Issuer and each Secured Creditor of each Series of Loan Notes.

  • Until such time as the Security in relation to any Series of Loan Notes becomes enforceable, the monies standing to the credit of any account comprised in the Secured Property in respect of such Series shall be dealt with in accordance with the provisions of this Deed, the relevant Loan Note Supplement and the relevant Loan Note Conditions and the Security Trustee shall not be responsible in such circumstances or at any other time for any loss occasioned thereby by depreciation in value.

  • The Security Trustee shall not be obliged to agree to any modification which, in the sole opinion of the Security Trustee, would have the effect of (i) exposing the Security Trustee to any liability against which it has not been indemnified and/or secured and/or pre-funded to its satisfaction or (ii) increasing the obligations or duties, or decreasing the rights or protection, of the Security Trustee in the Relevant Documents and/or the Loan Note Conditions.

  • In the case of any inconsistency between the defined terms in each of the said documents, the order of precedence of such defined terms shall be: the definitions in the relevant Loan Note Supplement, those in this Deed, those in the Loan Note Conditions (as varied or supplemented in relation to any Series by the relevant Loan Note Supplement), followed by those in the Master Framework Agreement.

  • The Security Trustee shall have regard to the interests of the Loan Note Holders in respect of any Series of Loan Notes only as a class and not to their individual interests and (unless specified otherwise in relation to such Series in the relevant Loan Note Supplement or Loan Note Conditions) shall have regard only to the interests of the Class ranking most senior in such Series of Loan Notes and shall not be liable to other Loan Note Holders in such Series for doing so.

  • Payments made to any Loan Note Holder in accordance with the relevant Loan Note Conditions shall satisfy this obligation to the extent of such payments and shall, save as specified herein, be a good discharge to the Loan Note Issuer and the Security Trustee.

  • In particular and without limitation, the Security Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with this Deed and the Loan Note Conditions, unless such Liability is occasioned by the fraud, gross negligence or wilful default of the Security Trustee.

  • In these Loan Note Conditions, the "holder" of a Loan Note means the person in whose name or on whose behalf such Loan Note is for the time being registered in the Loan Note Register and "Loan Note Holder" shall be construed accordingly.

  • The relevant new Loan Note Holder will be required to bear the costs and expenses of effecting any registration of a transfer as provided in Loan Note Conditions 1.2.1 (Transfers) and 1.2.2 (Registration and Delivery of Loan Note Certificate) above.


More Definitions of Loan Note Conditions

Loan Note Conditions the Conditions attached to the Loan Notes;
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Loan Note Conditions means, in respect of any Series, the Conditions as supplemented and/or varied pursuant to the Supplemental Trust Deed for such Series;
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Loan Note Conditions means, in respect of a particular Series, the terms and conditions of the Loan Note for such Series;
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in the relevant Global Loan Note, as may be modified, amended or supplemented in respect of any Loan Note or series of Loan Notes by the relevant Supplement to the Global Loan Note; Loan Note Event of Default means, in relation to any Loan Note, an event of default specified in the relevant Loan Note Conditions or in the relevant Supplement to the Global Loan Note; Loan Note Holder shall mean, from time to time, in respect of a Loan Note for a Trust Series, the beneficial owner of the Loan Note for such Trust Series; Loan Note Holder's Costs Amount shall have, in respect of each Loan Note Holder, the meaning set out in the relevant Supplement to the Global Loan Note for such Loan Note Holder; Loan Note Interest Payment Date shall have the meaning in respect of each Loan Note set out in the Supplement to the Global Loan Note for such Loan Note; Loan Note Interest Rate shall have the meaning in respect of each Loan Note set out in the Supplement to the Global Loan Note for such Loan Note; Loan Note Issuer No.1 shall mean Delamare Cards Funding 1 Limited; Loan Note Issuer No.1 Account Bank means the Account Bank; Loan Note Issuer No.1 Accounts shall have the meaning specified in the Security Trust Deed and Cash Management Agreement;
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in schedule 2 (Loan Note Conditions) to the Security Trust Deed and Cash Management Agreement, as the same may be modified, amended or supplemented in respect of any Loan Note or Series of Loan Notes by the relevant Loan Note Supplement.
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Related to Loan Note Conditions

  • 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.

  • 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 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 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.

  • 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.

  • 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 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 Note A means a promissory note of the Borrower payable to the order of a requesting Lender in the principal amount of such Lender’s Term Loan A Commitment, in substantially the form of Exhibit E-1.

  • Term Notes means, collectively, the Term A Notes and the Term B Notes.

  • 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.

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

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • 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.

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

  • 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

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

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

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.