Note Modification Agreement definition

Note Modification Agreement. Means the Note Modification Agreement, dated as of November 9, 2025, among the Borrower and the Lenders.
Note Modification Agreement means that certain Note Modification Agreement dated as of the date hereof between Borrower and Lender.
Note Modification Agreement means that certain Note Modification Agreement dated as of the date hereof between Borrower and Lender. “Person” means an individual, partnership, corporation (including a business trust), joint stock company, limited liability company, trust, unincorporated association, joint venture or other entity, or any governmental authority or entity. “Property” has the meaning specified in the Mortgage. “Qualifying Lease” means a bona fide arm’s-length lease of space in the Property to a tenant unaffiliated with Borrower that is: (i) fully-executed; (ii) unmodified, in full force and effect and not in default or subject to notice of termination; (iii) entered into in compliance with all requirements contained in the Mortgage; (iv) with all tenant improvements completed and paid for by Borrower, to the extent required by the lease; and (v) with the tenant in possession pursuant to all requisite permits and government approvals and paying rent under the lease. “Rent Roll” means a rent roll for the Property that: (i) shows the tenant name, leased space (by unit number and floor and/or square footage, as applicable), expiration date, gross monthly rent and other tenant charges for each lease of space in the Property; (ii) identifies each listed lease as to whether it is an Qualifying Lease; (iii) is certified as true, complete and correct by a representative of Borrower satisfactory to Lender; and (iv) is otherwise in form and content satisfactory to Lender. “Subsidiary” means any corporation, limited liability company, partnership or other entity a majority of (a) the total combined voting power of all classes of Equity Interests of which or (b) the outstanding Equity Interests of which are, as of the date of determination, owned by Borrower either directly or through Subsidiaries.

Examples of Note Modification Agreement in a sentence

  • This agreement shall become effective only after it is fully executed by the Borrower and the Bank, and the Bank shall have received from the Borrower the following documents: Note Modification Agreement.

  • Banc of America Leasing & Capital, LLC assigned all of its rights in and to the Credit Agreement and the Note, together with any and all other documents executed and/or prepared in connection therewith (collectively, the “Loan Documents”), to the Lender pursuant to that certain Assignment and Assumption and Amendment and Note Modification Agreement dated as of July 17, 2006, by and among the Borrower, Bank of America Leasing & Capital, LLC and the Lender.

  • This agreement shall become effective only after it is fully executed by the Borrower, Badger Meter, Inc., and the Bank, and the Bank shall have received from the Borrower the following documents: Note Modification Agreement.

  • Pursuant to that certain Note Modification Agreement dated December 30, 2011 the amount available to be advanced on the Existing Note has been reduced to the sum of Five Million and No/100 Dollars ($5,000,000.00).

  • The Borrower acknowledges that it has read and understood all the provisions of this Note Modification Agreement, including the confession of judgment and waiver of jury trial, and has been advised by counsel as necessary or appropriate.

  • Borrower has executed a Promissory Note (Revolving Line of Credit) dated July 16, 2009, in favor of Lender in the original principal amount of eight million five hundred thousand dollars ($8,500,000.00), as amended by that certain Note Modification Agreement and Allonge (Revolving Line of Credit) dated August 3, 2010 (collectively the “Note”).

  • Borrower warrants and represents to Bank that it has full right, power and authority to enter into this Note Modification Agreement and to perform its obligations hereunder, and that all information and materials submitted to Bank in connection herewith are accurate and complete.

  • In connection therewith, Ford, Tree and the Company shall have executed and delivered the Note Modification Agreement.

  • The Borrower hereby expressly (i) waives any conflict of interest of the attorney(s) retained by the Bank to confess judgment against the Borrower upon the Note and this Note Modification Agreement, and (ii) consents to the receipt by such attorney(s) of a reasonable legal fee from the Bank for legal services rendered for confessing judgment against the Borrower upon the Note and this Note Modification Agreement.

  • A copy of the Note and this Note Modification Agreement, certified by the Bank, may be filed in each such proceeding in place of filing the original as a warrant of attorney.


More Definitions of Note Modification Agreement

Note Modification Agreement. See Section
Note Modification Agreement means that certain Note Modification Agreement dated as of November 30, 2000 among the Company, the Holder, ACIL-US, AEMEC, AIU and Edutek Systems.