Term Credit Notes definition

Term Credit Notes means the promissory notes of the Borrower substantially in the form of Exhibit C.
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Term Credit Notes is defined in Section 1.4 hereof.
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Term Credit Notes as defined in Section 2.2.
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Examples of Term Credit Notes in a sentence

  • Such notations shall be presumptive, absent manifest error, as to the aggregate unpaid principal amount of all Loans made by such Lender, and interest due thereon, but the failure by any Lender to make such notations or the inaccuracy or incompleteness of any such notations shall not affect the obligations of the Borrower hereunder or under the Term Credit Notes.

  • The Borrower’s obligation to repay the Loans shall be evidenced by Term Credit Notes if requested by each Lender, one such payable to the order of each such Lender.

  • This Agreement is, and the Term Credit Notes when delivered hereunder will be, duly executed and delivered by the Borrower and legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

  • Anything contained herein to the contrary notwithstanding, there shall not be more than eight LIBOR Portions applicable to the Revolving Credit Notes nor more than two LIBOR Portions applicable to the Term Credit Notes at any one time and each Bank shall have a ratable interest in each Portion.

  • Each Lender's pro rata share of the Term Loan made by such Lender to the Company under the Term Credit shall be evidenced by a Term Credit Note of the Company (individually a "Term Credit Note" and collectively the "Term Credit Notes") payable to the order of such Lender in the amount of its Term Credit Commitment, each Term Credit Note to be in the form (with appropriate insertions) attached hereto as Exhibit B.

  • All prepayments (whether voluntary or required) applicable to the Term Loans shall be applied to such Term Credit Note as the Company directs or, if the Company fails to so direct, shall be applied ratably among the Term Credit Notes, and in any event, such payments shall be applied to such Note or Notes in the inverse order of their maturities.

  • As discussed above,56 in failing to provide an avenue for appeal or for the exercise of discretion in meritorious cases, the legislation appears to assume that all people charged with child sex offences are ‘deviant’, and beyond rehabilitation, encouraging their social exclusion and stigmatisation.

  • The Term Loan made by each Lender to the Company under the Term Credit shall be evidenced by a Term Credit note of the Company (individually a "Term Credit Note" and collectively the "Term Credit Notes") payable to the order of such Lender in the amount of its Term Credit Commitment, each Term Credit Note to be in the form (with appropriate insertions) attached hereto as Exhibit D.

  • The Revolving Credit Commitments shall be automatically and ratably reduced by the positive difference, if any, between (i) each payment required to be made by the Borrower pursuant to clause (ii) through (iv), inclusive, of Section 3.4(b) hereof (including any amount of such payment which exceeds the amount of the Credit Utilizations as then outstanding) and (ii) the amount of such payment which, pursuant to Section 3.4(b)(vi) is applied as and for a mandatory prepayment of the Term Credit Notes.

  • The provisions of Section 2.15 applicable to Line of Credit Loans and Line of Credit Notes and the determination of the amount of and payments of increased costs with respect thereto shall also apply to Intermediate Term Credit Loans and Intermediate Term Credit Notes, respectively, and the determination of the amount of and payment of increased costs with respect thereto.


More Definitions of Term Credit Notes

Term Credit Notes means, collectively, Term Credit Note One, Term Credit Note Two and Term Credit Note Three; and "Term Credit Note" shall mean any of the Term Credit Notes.
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Term Credit Notes shall have the meanings specified in Section 1.2(a) hereof.
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Related to Term Credit Notes

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • 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.

  • 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.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

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

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • 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

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • 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.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • 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.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).