Prepaid Notes definition

Prepaid Notes means the aggregate principal amount of all Notes that have been voluntarily prepaid or redeemed since the Initial Issue Date, in an aggregate amount not to exceed $30 million.
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Examples of Prepaid Notes in a sentence

  • Financing for the Prepaid Notes was provided by CapitalSource to Borrower.

  • Contemporaneous with the financing of the Prepaid Notes, Borrower issued and delivered to CapitalSource an Amended and Restated Promissory Note in the form annexed hereto as Exhibit A (the "Restated Note").

  • Each of Borrower, Guarantor and CapitalSource hereby certifies to Column that all of the obligations of Borrower with respect to the Prepaid Notes have been satisfied in full and that the Former Lenders have no further rights under the Loan Agreement or the Loan Documents.

  • Pursuant to the terms of the Loan Agreement, Borrower, upon ten days prior notice to Agent, prepaid a portion of the Debt, consisting of the outstanding principal amount (together with all interest due thereon) of those certain Promissory Notes made by Borrower in favor of each of the Former Lenders (the "Prepaid Notes") which, together with the outstanding Promissory Note made by Borrower in favor of CapitalSource, comprised the defined term "Note".

  • Contemporaneous with the financing of the Prepaid Notes, Borrower issued and delivered to CapitalSource an Amended and Restated Promissory Note B in the form annexed hereto as Exhibit A (the "RESTATED NOTE").