State Loan Note definition

State Loan Note means the revenue note of the Lessor to evidence its limited obligation to repay the loan to the Lessor by the Director in the aggregate principal amount of $5,000,000.
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State Loan Note means the State Loan Note in the principal amount of Seven Million Dollars and No Cents ($7,000,000) evidencing the obligation of the District to repay to ODOT the State Loan.
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State Loan Note means the Taxable State Loan Revenue Bond, issued by the Borrower in the principal amount of the State Loan Amount in the Form of Exhibit A-1 and dated the Closing Date, evidencing the obligation of the Borrower to repay the State Loan.
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Examples of State Loan Note in a sentence

  • Nothing herein shall be construed nor is intended to limit or in any manner adversely affect the rights, privileges or remedies afforded to any mortgagee of the Lessor or any other Person under any other agreement executed in connection with the execution and delivery of this Lease and the Project Service Agreement or the issuance of the Bonds and the State Loan Note.

  • Starting on the First Due Date and during the remaining term of the State Loan Note, shall only be required to encumber Funds sufficient to pay the amount of the principal and interest due under the State Loan Note in the fiscal year when such principal and interest is due which, in all events, shall be no more than the amount of principal and interest due under the State Loan Note in any given twelve (12) month period.

  • The State Loan shall be evidenced and secured by the Loan Documents, including, but not limited to, the State Loan Note.

  • The delivery of those amounts by Tenant and their application to redemption of the Bonds or prepayment of the State Loan or LDI Loan shall effect a corresponding prepayment of the State Assistance Note, the State Loan Note, or the LDI Loan Note as applicable.

  • In the case of a termination pursuant to Section 9.2 of this Lease, the Lessee shall pay to the Lessor the sum of (x) $100.00; and (y) the amount of money required to retire in full the Bonds and the State Loan Note plus any interest and service charges accrued, but unpaid, along with any premium on the Bonds and the State Loan Note, to the specified purchase date.

  • The Borrower authorizes the Director to deliver the State Loan Payment Schedule following the Disbursement Date and to attach such State Loan Payment Schedule to this Agreement and the State Loan Note.

  • Upon receipt of such certificate the Trustee shall retain in the Project Funds amounts specified in such certificate as not yet being due, being contested or otherwise required to be retained in the Project Funds, and all other amounts remaining in the State Assistance Project Fund shall be transferred to the Collateral Proceeds Account and all other amounts remaining in the State Loan Proceeds Fund shall be paid to the Director and applied to prepayment of the State Loan Note in accordance with its terms.

  • If the State Loan is required to be prepaid in accordance with this Section, Tenant shall pay the Discharge Amount with respect to the State Loan Note to the Director not later than 10 days after the date on which the direction is deemed given.

  • The Discharge Amount for the State Assistance Note shall be paid to the Trustee and the Discharge Amount for each of the State Loan Note and the LDI Loan Note shall be paid to the Director.

  • In the case of a termination pursuant to Section 9.1 of this Lease or at the expiration of the Lease Term, the Lessee shall pay to the Lessor the sum of (x) $100.00; and (y) an amount of money which is the greater of (a) the Fair Market Value of the Project or (b) the amount required to retire in full the Bonds and the State Loan Note plus any interest and service charges accrued, but unpaid, along with any premium on the Bonds and the State Loan Note, to the specified purchase date.

Related to State Loan Note

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit D-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Swingline Note means a promissory note made by the Borrower in favor of the Swingline Lender evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Revolver Note means any one of such Revolver Notes.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.