Note Record definition

Note Record. The grid attached to a Note, or the continuation of such grid, or any other similar record, including computer records, maintained by any Lender with respect to any Loan referred to in such Note.

Note Record. A Record with respect to a Note.

Note Record means a record maintained by each Purchaser with respect to the outstanding Obligations owed by Issuer to Purchaser and credits made thereto.

Examples of Note Record in a sentence

• Borrower irrevocably authorizes each Lender to make or cause to be made, on or about the Funding Date of any Term Loan or at the time of receipt of any payment of principal on such Lender’s Secured Promissory Note, an appropriate notation on such Lender’s Secured Promissory Note Record reflecting the making of such Term Loan or (as the case may be) the receipt of such payment.

• The Borrower irrevocably authorizes each Bank to make or cause to be made, at or about the time of the Drawdown Date of any Revolving Credit Loan or at the time of receipt of any payment of principal on such Bank's Revolving Credit Note, an appropriate notation on such Bank's Revolving Credit Note Record reflecting the making of such Revolving Credit Loan or (as the case may be) the receipt of such payment.

• The outstanding amount of each Term Loan set forth on such Lender’s Secured Promissory Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender’s Secured Promissory Note Record shall not limit or otherwise affect the obligations of Borrower hereunder or under any Secured Promissory Note to make payments of principal of or interest on any Secured Promissory Note when due.

• The Borrower irrevocably authorizes each Bank to make or cause to be made a notation on such Bank's Term Note Record reflecting the original principal amount of such Bank's Commitment Percentage of the Term Loan and, at or about the time of such Bank's receipt of any principal payment on such Bank's Term Note, an appropriate notation on such Bank's Term Note Record reflecting such payment.

• The aggregate unpaid amount set forth on such Bank's Term Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Bank, but the failure to record, or any error in so recording, any such amount on such Bank's Term Note Record shall not affect the obligations of the Borrower hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

More Definitions of Note Record

Note Record. A Record with respect to a Note. Notes. See §2.4.

Note Record. A Record with respect to any Note. Notes. Collectively, the separate promissory notes of the Borrower in favor of each Lender in substantially the form of Exhibit A hereto, in an aggregate principal amount equal to the Total Commitment in effect from time to time, dated as of the date hereof or as of such later date as any Person becomes a Lender under this Agreement, and completed with appropriate insertions, as each of such notes may be amended, replaced, substituted and/or restated from time to time.

Note Record. A Record with respect to a Note. NOTES. See /section/2.4.

Note Record the grid attached to a Revolving Credit Note or the Swing Line Note, or the continuation of such grid, or any other similar record, including computer records, maintained by any Bank with respect to any Loan referred to in such Note. "Notes": the Revolving Credit Notes and the Swing Line Note; and any one of such Notes individually, a "Note". "Participant": as defined in Subsection 11.5. "PBGC": the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA. "Permitted Distribution": any distribution to the Company's shareholders of equity shares of one or more Subsidiaries, provided, that (i) the aggregate book value of such Subsidiary or Subsidiaries, when added together with the aggregate book value of all other Subsidiaries with respect to which such a Permitted Distribution has been effected from and after January 1, 1997, shall not exceed $150,000,000, and (ii) no Default or Event of Default exists at the time of declaration of such distribution or at the time of the consummation thereof, either before or after giving effect thereto. "Permitted Liens": as defined in Subsection 8.3. "Permitted Voluntary Proceeding": the commencement by the Company of a voluntary case or proceeding under Title 11, U.S. Code or any similar federal or state law for the relief of debtors with respect to any Subsidiary if (i) the sum of the Company's total investment at cost, after write-downs, in such Subsidiary and the Company's Contingent Obligations in respect of liabilities of such Subsidiary does not exceed $90,000,000, and (ii) the commencement of such case or proceeding does not create nor occasion any violation or noncompliance with other provisions of

Note Record. A Record with respect to any Note. Notes. The Revolving Credit Notes, the Incremental Term Notes and the Bid Rate Notes.

Note Record is a record maintained by each Purchaser with respect to the outstanding Obligations owed by Issuer to Purchaser and credits made thereto.

Note Record. A Record with respect to a Note. Nova Scotia Notes. The 7.66% Senior Notes due November 12, 2007 and the 7.80% Senior Notes due November 12, 2010 issued by 3031786 Nova Scotia Company, and any extensions or renewals thereof, provided that the principal amount of Indebtedness evidenced thereby is not increased.