Term Revolving Note definition

Term Revolving Note means that certain promissory note to be executed and delivered to the Lender by the Borrower on the Conversion Date pursuant to the terms and conditions provided for in this Agreement and the Second Supplement to this Agreement.

Term Revolving Note means that certain Term Revolving Note dated February 27, 2007, executed and delivered to the Lender by the Borrower in the amount of $20,000,000.00, as the same has been and may hereafter be amended or otherwise modified.

Term Revolving Note means a promissory note in form and substance satisfactory to the Agent executed by the Borrowers pursuant to the terms and conditions of this Agreement.

Examples of Term Revolving Note in a sentence

• HLBE is indebted to AgStar under an Amended and Restated Term Note dated September 1, 2011, in the principal amount of $40,000,000.00 (“Note 1”), and an Amended and Restated Term Revolving Note dated September 1, 2011, in the principal amount of $8,008,689.00 (“Note 2,” and together with Note 1, the “Notes”).

• Notwithstanding the foregoing, the rate of interest under this Term Revolving Note shall be subject to adjustment by Agent pursuant to the provisions of the Credit Agreement (including, without limitation, Section 2.11 thereof) and this Term Revolving Note.

• The computation of interest, amortization, maturity and other terms and conditions of the Term Revolving Loan shall be as provided in the Term Revolving Note, provided, however, in no event shall the applicable rate exceed the maximum nonusurious interest rate, if any, that at any time, or from time to time, may be contracted for, taken, reserved, charged, or received under applicable state or federal laws (the “Maximum Rate”).

• Anything in the MLA, this Second Supplement, or the other Loan Documents to the contrary notwithstanding, Borrower shall not be required to pay unearned interest on the Term Revolving Note or any of the Loan Obligations, or ever be required to pay interest on the Term Revolving Note or any of the Loan Obligations at a rate in excess of the Maximum Rate, if any.

• Paragraph #2 of the Note is hereby amended and restated to read as follows: The outstanding principal balance of this Term Revolving Note shall bear interest at a variable rate determined by Agent to be 345 basis points above the LIBOR Rate in effect from time to time, as set forth in and as adjusted in accordance with the terms and conditions of the Credit Agreement.

More Definitions of Term Revolving Note

Term Revolving Note means that certain Amended and Restated Term Revolving Note of even date herewith, evidencing the Term Revolving Loan, as the same may be GP:4882356v2 amended, restated or otherwise modified, supplemented, extended or restated from time to time.

Term Revolving Note means that certain Second Amended and Restated Term Revolving Note dated November 6, 2020, evidencing the Term Revolving Loan, as the same may be amended, restated or otherwise modified, supplemented, extended or restated from time to time.

Term Revolving Note means that certain promissory note of even date herewith to be executed and delivered to the Lender by the Borrower in the amount of $5,000,000.00 pursuant to the terms and conditions provided for in this Fourth Supplement and the MLA.

Term Revolving Note means that Second Amended and Restated Term Revolving Note of even date herewith, in the amount of $20,500,000.00 pursuant to the terms and conditions provided for herein.

Term Revolving Note means a promissory note of the Borrower payable to a Lender in the amount of such Lender’s Term Revolving Commitment, in substantially the form of Exhibit F.

Term Revolving Note has the meaning specified in Section 2.01(c).

Term Revolving Note means that certain promissory note dated October 1, 2007, in the amount of $5,000,000.00 pursuant to the terms and conditions provided for in this Fourth Supplement and the MLA.