Replacement Term Note definition

Replacement Term Note. Replacement Term Note" shall mean the promissory note to be executed and delivered by the Borrowers, in substantially the form attached hereto as Exhibit "B-2."
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Replacement Term Note shall have the meaning assigned thereto in the Recitals hereof.
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Replacement Term Note shall have the meaning provided in Section 2.05(a).
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Examples of Replacement Term Note in a sentence

  • First Union is authorized to endorse the date and amount of each Advance and each payment of principal with respect thereto on the schedule annexed to and constituting a part of the Replacement Term Note, which endorsement shall constitute prima facie evidence of the accuracy of the information endorsed.

  • The Replacement Term Note shall (w) be dated as of February 14, 1997 (x) be payable as to principal (1) on any mandatory or optional redemption date for the Bonds, in an amount corresponding to the principal amount of Bonds redeemed and (2) in full, on the Stated Expiration Date (or such earlier date as may be required by Section 10.02 hereof); (y) be stated to mature on the Stated Expiration Date; and (z) bear interest on the unpaid principal amount thereof, if any, until paid.

  • The Existing Term Notes are hereby collectively amended and restated by the Replacement Term Note in the form of Exhibit A attached hereto and incorporated herein in its entirety by this reference.

  • This Note is the "Replacement Term Note" described in that certain Third Loan Modification Agreement of even date herewith by and between the Borrower and the Bank, which Loan Modification Agreement amends the Loan Agreement, to which reference is hereby made for a more complete statement of the terms and conditions under which the Advances evidenced hereby are made.

  • This Replacement Credit Agreement shall govern the Replacement Term Note between Borrower and Bank in the principal amount of $11,200,000.00 being executed simultaneously herewith, the Daily Adjusting Libor Revolving Line Note dated August 31, 2016 between Borrower and Bank in the amount of $2,000,000.00, and Letter(s) of Credit that may be issued by the Bank for the benefit of Borrower in an amount up to $2,500,000.00.

  • Pursuant to this Amendment, GSC, MA and MSERV agree to execute this Amendment, the Replacement Revolving Note, the Replacement Term Note, the Acquisition Note and a Security Agreement, and hereafter all references in the Credit Agreement to the term "Borrowers" shall be deemed to include GSC, MA and MSERV.

  • This Second Amended Replacement Credit Agreement shall govern the Multi-Disbursement Term Note between Borrower and Bank in the principal amount of $3,600,000.00 being executed simultaneously herewith, the Replacement Term Note between Borrower and Bank in the principal amount of $29,000,000.00 dated November 30, 2018.

  • Deleted: 12/20/17Exempt employees are expected to work the same days and work hours of the District.

  • The Replacement Term Note shall not operate as a novation of the Obligations of the Borrower, or nullify, discharge, or release any such Obligations or the continuing contractual relationship of the Borrower in accordance with the provisions of the Loan Documents.

  • If the Term Loan is a Prime Loan, it shall bear interest at the rate per annum computed in accordance with the 1996 (Replacement) Term Note and also as set forth in Section 2.05 hereof.


More Definitions of Replacement Term Note

Replacement Term Note. A Term Note substantially in the form of Exhibit A issued pursuant to this Agreement in replacement of an outstanding Term Note issued pursuant to the Original Credit Agreement and in replacement of a Promissory Note issued in connection with a Permitted Line of Credit (as defined in the Original Credit Agreement). Separate Replacement Term Notes shall be issued to each of the Tranche A and Tranche B Lenders in accordance with their respective Tranche A and Tranche B Term Loan Percentages.
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Replacement Term Note. The promissory note defined in Section 2.9 and issued in replacement of the Dunhill Term Note.
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Replacement Term Note means the promissory note of the Borrower evidencing its obligations with respect to the Replacement Term Loan in the form of Exhibit A-2 hereto.
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Replacement Term Note means the Replacement Term Note dated April 12, 2005, substantially in the form of Exhibit B executed and delivered to Lenders, together with any renewals, extensions, replacements or rearrangements.
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Related to Replacement Term Note

  • Replacement Term Loans has the meaning specified in Section 10.01.

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

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

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

  • 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.

  • 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.

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

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

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

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

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

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

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

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • New Term Loan shall have the meaning provided in Section 2.14(c).

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

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Replacement Capital Covenant has the meaning specified in the introduction to this instrument.

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

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

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

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).