Term Note I definition

Term Note I means the note No. 4550, dated June 16, 1992, in the original principal amount of Eighty Thousand Dollars ($80,000), made by the Borrower payable to the order of the Lender, together with all extensions, renewals, modifications, substitutions and changes in form thereof effected by written agreement between the Borrower and the Lender.
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Term Note I means that certain $1,426,410 Term Note, dated as of the date of the Loan Agreement, from the Borrower in favor of PCC.
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Term Note I has the meaning ascribed to such term in Section 2.02(b) of this Agreement.
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Examples of Term Note I in a sentence

  • If at any time the Lenders want re-allocate the aggregate principal amount outstanding under the Term Notes (the “Outstanding Loan Amount”), the Borrower agrees to execute amended and restated term notes substantially in the form of Term Note I and Term Note II (except as provided in this Section 2.15), reflecting such re-allocation of the Outstanding Loan Amount.

  • On the date hereof the Lenders shall advance a total of Two Million Seven Hundred Thousand Dollars ($2,700,000) (the “Loan Amount”) to the Borrower under Term Note I and Term Note II.


More Definitions of Term Note I

Term Note I means the Promissory Note of CAS in the form of Exhibit C to be executed concurrently with this Supplement.
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Term Note I has the meaning set forth in Section 3.3 hereof and includes all renewals, replacements, and amendments of Term Note I.
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Term Note I. Term Note II," and the "Equipment Note," under the Existing Credit Agreement and all previous renewals thereof shall be marked "Renewed" and retained by U. S. Bank until all Loans hereunder are repaid in full.
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Related to Term Note I

  • 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.

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

  • 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.

  • Class B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class C Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

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

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Exchange Note Interest Rate has the meaning stated in Section 2.2(a)(vi) of the Exchange Note Supplement.

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.15% per annum with respect to the Class A Notes.

  • Class B Note Initial Principal Balance means $71,917,808.

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

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.

  • Class A Note Initial Principal Balance means $750,000,000.

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

  • Class C Note Initial Principal Balance means $18,948,000.

  • Class C Note Rate means 3.48% per annum.

  • 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.

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.