Old Revolving Note definition

Old Revolving Note means the Borrower's revolving promissory note dated as of June 26, 1997, payable to the order of the Lender in the original principal amount of $500,000.
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Old Revolving Note means International's Revolving Promissory Note dated as of July 31, 1996 payable to the order of the Bank in the original principal amount of $5,000,000.
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Old Revolving Note means Guide's Revolving Promissory Note dated as of December 27, 1999, payable to the order of the Lender in the original principal amount of $25,000,000.
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Examples of Old Revolving Note in a sentence

  • To the extent the Revolving Note evidences the Existing Revolving Advances, the Revolving Note shall be issued in substitution for and replacement of but not in payment of the Old Revolving Note.

  • The Lender has made revolving advances to Guide (the "Existing Revolving Advances"), Guide's obligation to pay which is evidenced by the Old Revolving Note.

  • To the extent this Note evidences the Borrower's obligations to the Lender under the Borrower's promissory note dated as of November 15, 1995, payable to the Lender in the original principal amount of $6,000,000 (herein the "Old Revolving Note"), this Note is issued in substitution for and replacement of, but not in payment of, the Old Revolving Note.

  • The Old Revolving Note evidences indebtedness for direct borrowings under a revolving line of credit established by the Bank for the benefit of the Borrower in the amount of $10,000,000.00.

  • To the extent the Diamond Revolving Note evidences the Existing Revolving Advances, the Diamond Revolving Note shall be issued in substitution for and replacement of but not in payment of the Old Revolving Note.

  • The Old Lender has made various revolving advances to certain Borrowers (the "Existing Revolving Advances"), the Borrowers' obligation to pay which is evidenced by the Old Revolving Note.

  • To the extent this Note evidences an obligation to pay Existing Revolving Advances, this Note is issued in substitution for and replacement of but not in payment of the Old Revolving Note.

  • The Current Note shall replace, but not be deemed payment or satisfaction of, the Old Revolving Note.

  • This Note is issued in substitution for and replacement of, but not in payment of, the Old Revolving Note (as defined in the Credit Agreement).

  • Upon the satisfaction of each of the conditions set forth in paragraph 10 hereof, all references in the Credit Agreement or any other Loan Document to the "Revolving Note" shall be deemed amended to describe the Replacement Revolving Note, which Replacement Revolving Note (to the extent it evidences Advances under the Old Revolving Note) shall be issued by the Borrower to the Lender in substitution for and replacement of, but not in payment of, the Old Revolving Note.


More Definitions of Old Revolving Note

Old Revolving Note means Diamond's revolving promissory note dated as of September 8, 1998, payable to the order of the Lender in the original principal amount of $2,500,000.
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Related to Old Revolving Note

  • 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.

  • 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.

  • 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 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 Note is defined in Section 1.11 hereof.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • 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.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • 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.

  • 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

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • 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 substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • 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.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

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

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

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

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

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

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

  • 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.