Qualified Borrower Note definition

Qualified Borrower Note means any one of them, as such note may be amended, restated, reissued, extended or modified.
Qualified Borrower Note means a promissory note, in substantially the same form of Exhibit N hereto, duly executed by the Qualified Borrower and payable to the order of the Administrative Agent on behalf of a Lender, including any amendment, modification renewal or replacement of such promissory note.
Qualified Borrower Note means a promissory note executed and delivered by a Qualified Borrower, in substantially the form of Exhibit E attached hereto.

Examples of Qualified Borrower Note in a sentence

  • Each Qualified Borrower Note shall (a) be in the amount of the Loans to be advanced to such Qualified Borrower; (b) be payable to the Administrative Agent for the account of the Lenders, at the principal office of Administrative Agent; (c) bear interest in accordance with Section 2.06; (d) be in the form of Exhibit O attached hereto (with blanks appropriately completed in conformity herewith); and (e) be duly executed by such Qualified Borrower.

  • Administrative Agent may conclusively rely on Lenders as to the amount due to Lenders under any Qualified Borrower Note or Borrower Guaranty.

  • Notwithstanding anything to the contrary contained herein, each of the Borrowers and the Guarantor and the Administrative Agent, on behalf of the Lenders, hereby agree that each Qualified Borrower is severally liable with respect to its obligations hereunder and under any Qualified Borrower Note.


More Definitions of Qualified Borrower Note

Qualified Borrower Note means any one of them.
Qualified Borrower Note is defined in Section 2.9(d) hereof.
Qualified Borrower Note has the meaning provided in Section 6.3(c).

Related to Qualified Borrower Note

  • Qualified Borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.