Original Term Note definition

Original Term Note means, collectively, the promissory notes payable by Borrower to Lenders, each in an amount equal to such Lender’s Commitment Percentage of the Original Term Loan, each dated as of the Closing Date, in a form acceptable to Agent, issued pursuant to Section 2.1, which evidences Borrower’s indebtedness in respect of the Original Term Loan, and any amendment or restatement thereof.
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Original Term Note as defined in Section 9.6(e).
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Original Term Note means the Second Amended and Restated Promissory Note, dated as of August 2, 2012, by the Company in favor Holder in the original principal amount of $7,000,000 (without giving effect to any accrued PIK Interest).
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Examples of Original Term Note in a sentence

  • All amounts owing under, and evidenced by, the Original Revolving Note and Original Term Note held by a Lender as of the Restatement Effective Date shall continue to be outstanding hereunder, and shall from and after the Restatement Effective Date, if requested by such Xxxxxx, be evidenced by the Revolving Note and/or Term Note received by such Lender pursuant to this Agreement, and shall in any event be evidenced by, and governed by the terms of, this Agreement.

  • This Note amends and restates in its entirety the Original Term Note.

  • This Term Note is executed and delivered in partial substitution for, but not in satisfaction of, the Original Term Note, all as described in the Credit Agreement.

  • Pursuant to the provisions of the Original SouthTrust Loan Agreement, the Lender has heretofore made certain loans to MTS, which are evidenced by the Original Revolving Note and the Original Term Note and the other Original SouthTrust Loan Documents.

  • The principal amount of $30,000,000 was originally advanced to the Company on June 24, 2014 under the Original Term Note.

  • On October 5, 1993, AVRE and Binary ratified the Original Loan Agreement, Original Revolving Note and Original Term Note and agreed to repay all sums due thereunder and provided Lender with security therefor as reflected in that certain Agreement to be Bound by Comprehensive Loan Facility and Security Agreement, dated October 5, 1993.

  • The Borrower's obligations to Holder under the Original Term Note issued by the Borrower to the Holder is hereby, simultaneously with the execution and delivery of this Note by the Borrower to the Holder, irrevocably extinguished.

  • All of the Borrower's representations, warranties and covenants regarding the Original Term Note are deemed repeated and are made again in respect of this Amended and Restated Convertible Term Note on the date hereof.

  • Mortgagor further agrees that this Agreement and the other documents executed in connection with the Amendment are not intended to be, nor shall they be construed to create, a novation or accord and satisfaction of any of the Original Term Note (as defined in this Agreement), the Original Revolving Note (as defined in this Agreement), or the indebtedness evidenced thereby.

  • Borrower hereby represents and warrants that, on December 27, 1996, Lender made a term loan to Original Borrowers in the principal amount of $14,000,000 ("ORIGINAL TERM LOAN"), which Original Term Loan is repayable in accordance with the terms of the Original Term Note and is secured by all of the Collateral.


More Definitions of Original Term Note

Original Term Note as defined in Section 10.6(g).
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Original Term Note as defined in Section 2.4(f).
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Original Term Note is defined in the recitals hereto.
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Original Term Note means a promissory note of the Borrower in substantially the form of Exhibit B-1, evidencing the obligation of Borrower to repay the Original Term Loans and all renewals and extensions of all or any part thereof.”
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Original Term Note means the Term Notes as defined in the Original Credit Agreement.
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Original Term Note means the Amended and Restated Term Note made by Borrower payable to the order of Lender, dated the date hereof, in the initial aggregate principal amount of $32,000,000 in substantially the form of Exhibit 1A attached hereto.
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Related to Original Term Note

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

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

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Medium Term Notes means Securities that are collateralized in an amount equal to their full Outstanding principal amount and have a Stated Maturity in excess of 270 days after the date of original issuance thereof.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

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

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

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • 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.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Optional Termination Price On any date after the Initial Optional Termination Date, an amount equal to the sum of (A) the aggregate Stated Principal Balance of each Mortgage Loan (other than any Mortgage Loan that has become an REO Property) as of the Distribution Date on which the proceeds of the Optional Termination are distributed to the Certificateholders, plus accrued interest thereon at the applicable Mortgage Rate as of the Due Date preceding the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders and the fair market value of any REO Property, plus accrued interest thereon as of the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders, (B) any unreimbursed out-of-pocket costs and expenses owed to the Master Servicer, the Trustee or the Securities Administrator (including any amounts incurred by the Securities Administrator in connection with conducting the Auction), a Servicer or the Master Servicer and any unpaid or unreimbursed Servicing Fees, Monthly Advances and Servicing Advances, (C) any unreimbursed costs, penalties and/or damages incurred by the Trust Fund in connection with any violation relating to any of the Mortgage Loans of any predatory or abusive lending law and (D) in the event an Auction has been conducted, all reasonable fees and expenses incurred by the Securities Administrator to conduct the Auction.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Principal Terms means, with respect to any Series, (i) the name or designation; (ii) the initial principal amount (or method for calculating such amount), the Invested Amount, the Series Invested Amount and the Required Series Transferor Amount; (iii) the Certificate Rate (or method for the determination thereof); (iv) the payment date or dates and the date or dates from which interest shall accrue; (v) the method for allocating Collections to Investor Certificateholders; (vi) the designation of any Series Accounts and the terms governing the operation of any such Series Accounts; (vii) the Servicing Fee; (viii) the issuer and terms of any form of Series Enhancements with respect thereto; (ix) the terms on which the Investor Certificates of such Series may be exchanged for Investor Certificates of another Series, repurchased by a Transferor or remarketed to other investors; (x) the Series Termination Date; (xi) the number of Classes of Investor Certificates of such Series and, if more than one Class, the rights and priorities of each such Class; (xii) the extent to which the Investor Certificates of such Series will be issuable in temporary or permanent global form (and, in such case, the depositary for such global certificate or certificates, the terms and conditions, if any, upon which such global certificate may be exchanged, in whole or in part, for Definitive Certificates, and the manner in which any interest payable on a temporary or global certificate will be paid); (xiii) whether the Investor Certificates of such Series may be issued in bearer form and any limitations imposed thereon; (xiv) the priority of such Series with respect to any other Series; (xv) whether such Series will be part of a Group; (xvi) whether such Series will be a Principal Sharing Series; (xvii) whether such Series will be an Excess Allocation Series; (xviii) the Distribution Date; and (xix) any other terms of such Series.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.