Secured Term Note definition

Secured Term Note means that certain Secured Term Note dated as of the Closing Date made by the Companies in favor of Laurus in the original face amount of US$1,400,000, as same may be amended, supplemented, restated and/or otherwise modified from time to time.
Sample 1
Secured Term Note means the Secured Term Note A and the Secured Term Note B, together and individually, as applicable.
Sample 1
Secured Term Note. (the "2002 NOTE") dated January 23, 2002 made by the Borrower payable to the Bank in the original principal amount of $700,000.00;
Sample 1

Examples of Secured Term Note in a sentence

  • If the Holder has delivered a Conversion Acceptance (together with surrender of this Note), effective as of a Conversion Date (as hereinafter defined) and in accordance with the Notice of Conversion, the Company shall make the appropriate reduction to the Principal Amount and accrued and unpaid interest thereon outstanding under this Note as entered in its register and its records, and if conversion is in part, issue a new Secured Term Note in accordance with Section 3.6 hereof.

  • The Holder shall not pay any costs, fees or any other consideration to the Company for the production and issuance of a new Secured Term Note.

  • Upon any partial conversion of this Note and surrender of this Note, a new Secured Term Note containing the same date and provisions of this Note shall be issued by the Company to the Holder for the unpaid Principal Amount and accrued and unpaid interest thereon which shall not have been converted or paid.

  • In connection with the (a) June 2005 SPA, NCEC executed a Secured Convertible Term Note dated as of June 30, 2005 in favor of Laurus in the original principal amount of $15,000,000 (as amended, restated, supplemented or otherwise modified from time to time) and (b) the September 2005 SPA, NCEC executed a Secured Term Note dated as of September 19, 2005 in favor of Laurus in the original principal amount of $9,500,000 (as amended, restated, supplemented or otherwise modified from time to time).

  • IN WITNESS WHEREOF, the Company has caused this Secured Term Note to be signed in its name effective as of November 17, 2010.

  • IN WITNESS WHEREOF, the Company has caused this Amended and Restated Secured Term Note to be signed in its name effective as of December 15, 2011.

  • The limitations set forth herein (x) may be waived by the Holder upon provision of no less than sixty-one (61) days prior notice to the Company and (y) shall automatically become null and void following notice to the Company upon the occurrence and during the continuance of an Event of Default (as defined in the Amended and Restated Secured Term Note dated as of November 17, 2005 and amended and restated as of the date hereof among the Holder and the Company).

  • Within six months of the Closing Date, the uSell may, subject to certain conditions, elect to receive up to two additional draws of funds in connection with the issuance of additional 1% original issue discount Secured Term Note (the “Deferred Draw Notes,” and with the “Initial Note,” the “Notes”).

  • Young people have become more vocal about various environmental threats that have motivated them to protest, take action or leave the region.17 EnvironmentWhile governments in the EU struggle to reduce air emissions to maintain air quality standards harmful pollution travels into the EU from coal power plants located in the Western Balkans, a fact that is often overlooked.

  • This Amended and Restated Deferred Purchase Price Note (this “Note”) amends and restates that certain Secured Term Note dated as of November 7, 2006 in the original principal amount of $2,500,000 made by iBroadband, Inc.


More Definitions of Secured Term Note

Secured Term Note means the Secured Term Note dated as of the date hereof between HCFP Funding, Inc., a Delaware corporation, and the Company.
Sample 1
Secured Term Note means that certain Secured Term Note date as of August 22, 2008 made by the Company in favor of the Lenders in the aggregate original face amount of $1,500,000, as each may be amended, supplemented, restated and/or otherwise modified from time to time.
Sample 1

Related to Secured Term Note

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

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

  • 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.

  • Term Note A means a promissory note of the Borrower payable to the order of a requesting Lender in the principal amount of such Lender’s Term Loan A Commitment, in substantially the form of Exhibit E-1.

  • Existing Term Loan Agreement has the meaning set forth in the recitals hereto.

  • 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.

  • 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.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, Barclays Bank PLC, as collateral agent under the Term Loan Credit Agreement, Holdings, Borrower and the other Subsidiary Loan Parties party thereto, as amended, restated, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Loan as defined in Section 2.1.

  • Secured Promissory Note is defined in Section 2.4.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • 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.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

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

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Subordinated Note Amount has the meaning set forth in the Recitals.