Term Promissory Notes definition

Term Promissory Notes means, collectively, the $8,000,000.00 Term Promissory Note and the $7,521,109.00 Term Promissory Note.
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Term Promissory Notes means each and all of the promissory notes executed, issued and delivered pursuant to the Loan Agreement in connection with the Original Facility "B". SCHEDULE 1 [SSDS Asset Locations]
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Term Promissory Notes means, collectively, the separate promissory notes, each dated on or about the date hereof, made by a Borrower in favor of Agent for the benefit of Lenders in connection with the Term Loans made pursuant to Section 2.3 hereof, as the same now exists, or may hereafter be amended, modified, supplemented, extended, reviewed, restated or replaced; each sometimes being referred to herein individually as a "Term Promissory Note".
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Examples of Term Promissory Notes in a sentence

  • Each request for a Subsequent Advance under the Advance Note, the Multiple Advance Term Promissory Notes, or the Revolving Line of Credit Promissory Note must be in the minimum amount of $50,000.00 or the unadvanced portion of the Note under which the Subsequent Advance has been requested, whichever is less.

  • The Secured Parties have purchased from the Debtor Original Issue Discount Term Promissory Notes (the “Notes”) in the aggregate face amount of $242,424.24, pursuant to a Securities Purchase Agreement between the Debtor and the Secured Parties dated as of the date hereof (the “Securities Purchase Agreement”), and, subject to the terms of the Securities Purchase Agreement, may purchase additional Notes in the aggregate face amount of $484,848.48 at Subsequent Closings.

  • PHI is indebted to Spar in the amount of approximately $7,664,019 as of the Effective Date, pursuant to (i) two Term Promissory Notes dated as of June 30, 2002 (the "Term Notes") in the original principal amounts of $2,500,000 and $3,500,000, respectively, issued by PHI, as borrower, to Spar, as lender, and (ii) that certain Term Loan, Guaranty and Security Agreement dated as of June 30, 2002 (the "Term Loan Agreement") among PHI, as borrower, Stimulys, as guarantor, and Spar, as lender.

  • Each of the documents to be executed and delivered at the Second Amendment Closing, including, without limitation, executed Term Promissory Notes substantially in the form of Exhibit A hereto, and all other certificates, documents and instruments to be executed in connection herewith shall have been duly and properly authorized, executed and delivered by Borrower and shall be in full force and effect on and as of the Second Amendment Closing Date.

  • The Secured Party shall lend to the Debtor the aggregate principal amount of Six Hundred Fifty Thousand Dollars and 00/100 Dollars ($650,000) (the "Loan"), pursuant to the terms of the terms of that certain Loan Agreement which Loan shall be evidenced by a Secured Term Promissory Note(s) (collectively, the "Note").

  • Each of the holders (the “Holders”) of the Short Term Promissory Notes (the “2022 Notes”) as set forth on Section 7.2(h)(i) of the Company Disclosure Schedule shall have provided written consent to the assignment of such 2022 Notes from the Company to the Surviving Company; provided, that this Section 7.2(h)(i) shall be deemed to have been satisfied in the event an amendment to this Agreement to effect the Structuring Amendment is entered into accordance with Section 5.18.

  • Name: Schedule of Canadian Term Promissory Notes In the first quarter of 2001 and 2002, John W.

  • The representations and warranties made by the Company and the Subsidiaries in the Commercial Revolving Loan, Term Loan and Security Agreement between the Company and State Street Bank and Trust Company dated as of April 27, 1995 (the "Credit Agreement") and the related Commercial Term Promissory Notes between the Company and State Street Bank and Trust Company dated as of May 31, 1996 and September 19, 1996 are true and correct.

  • At the Initial Closing, the Purchasers will deliver to the Company (i) the Term Promissory Notes marked "paid in full," each dated January 15, 1992, made by the Company to the respective orders of the Purchasers, in lieu of the payment of $150,000, as described in Exhibit 1.01A, (ii) the Pledge Agreements dated January 15, 1992 between such Purchaser and the Company and (iii) the collateral, and the Company will deliver to each Purchaser by check all accrued interest therein through the date of Closing.

  • In September, 1995, Loeb converted the Convertible Promissory Notes into 841,455 common shares of the Company and two Term Promissory Notes, one in the principal amount of $475,000 and the other in the principal amount of $25,000.

Related to Term Promissory Notes

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • 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.

  • Senior Notes Documents means the Senior Notes, the Senior Notes Indenture, the Senior Notes Guarantees and all other documents executed and delivered with respect to the Senior Notes or the Senior Notes Indenture.

  • Second Lien Notes Documents means the Second Lien Notes Indenture, the Second Lien Notes and all other agreements, instruments and other documents pursuant to which the Second Lien Notes have been or will be issued or otherwise setting forth the terms of the Second Lien Notes.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Senior Note Documents means the Senior Notes, the Senior Note Agreement, the Senior Note Guarantees and all other documents executed and delivered with respect to the Senior Notes or the Senior Note Agreement.

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

  • Notes Documents means the Notes (including Additional Notes), the Note Guarantees, the Collateral Documents, the Intercreditor Agreements and this Indenture.

  • 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.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.