Term Note II definition

Term Note II means that certain $1,273,590 Term Note, dated as of the date of the Loan Agreement, from the Borrower in favor of PCCA.
Term Note II means the note No. 4560, dated February 24, 1992, in the original principal amount of One Hundred Fifty-Eight Thousand Three Hundred Sixty-Eight and 78/100 Dollars ($158,368.78) 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.
Term Note II the meaning specified in Section 1.1(C) TERMINATION DATE: June 30 2003.

Examples of Term Note II 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.

  • PCC shall pay PCCA the amounts of principal and interest due under Term Note II in accordance with the Agency Agreement.

  • 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 II

Term Note II has the meaning set forth in Section 4.3 hereof and includes all renewals, replacements, and amendments of Term Note II.
Term Note II. A promissory note of the Borrower in the form of Exhibit A-3 evidencing the obligation of the Borrower to repay the Term Loan, as the same may be amended, restated or otherwise modified from time to time. 2.2. Section 2.1
Term Note II has the meaning ascribed to such term in Section 2.03(b) of this Agreement.
Term Note II is used as defined in Section 2(c)(ii). o "Term Note III" is used as defined in Section 2(d)(ii).

Related to Term Note II

  • 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].

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

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

  • 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.

  • Exchange Note Supplement means the 2018-B Exchange Note Supplement, dated as of the Cutoff Date, to the Credit and Security Agreement.

  • 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.

  • 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.

  • ABL/Term Loan Intercreditor Agreement as defined in the recitals hereto.

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

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

  • 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%.

  • Convertible Note Documents means the indenture under which the Convertible Notes are issued and all other instruments, agreements and other documents evidencing or governing the Convertible Notes or providing for any other right in respect thereof.

  • Convertible Note Indenture means the Indenture dated as of February 21, 2014 between Emergent and the Convertible Note Trustee pursuant to which the Convertible Notes were issued.

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

  • Subordinated Note Documents means the Subordinated Notes, the Subordinated Note Purchase Agreement, the “Fee Letter” under and as defined in the Subordinated Note Purchase Agreement and any other Note Document (as defined in the Subordinated Note Purchase Agreement).

  • Class C Note Rate means 3.48% per annum.

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