Variable Facility Note definition

Variable Facility Note means, the promissory note, in the form attached as Exhibit I to this Agreement, which has been issued by the Borrower to the Lender to evidence the Borrower’s obligation to repay Variable Advances.
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Variable Facility Note means, individually and collectively, promissory notes, each in the form attached as Exhibit C to the Agreement, which have been issued by Borrower to Lender to evidence Borrower's obligation to repay Variable Advances.
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Variable Facility Note means the promissory note (together with all schedules, riders, allonges, addenda, renewals, extensions, amendments and modifications thereto), which has been issued by Borrower to Lender to evidence Borrower’s obligation to repay Variable Advances, and which promissory note will be the same or substantially similar in form to the promissory note issued by Borrower to Lender in connection with the Variable Advance made on the Initial Closing Date.
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Examples of Variable Facility Note in a sentence

  • The Variable Facility Fee shall be payable in advance, in accordance with the terms of the Variable Facility Note.

  • The Variable Facility Note shall be payable to the order of Lender and shall be made in the amount of the Variable Facility Commitment.

  • The obligation of the Borrower to repay the Variable Advances will be evidenced by the Variable Facility Note.

  • The Variable Facility Note shall be payable to the order of the Lender and shall be made in the amount of the Variable Facility Commitment.

  • The Adjustable Rate shall change on each Rate Change Date until the Advance is repaid in accordance with the applicable Variable Facility Note.

  • The Lender’s failure to do so shall not invalidate the Advance Confirmation Instrument or otherwise affect in any way any obligation of the Borrower to repay Variable Advances in accordance with the Advance Confirmation Instrument, the Variable Facility Note or the other Loan Documents, but is merely meant to facilitate evidencing the date of funding and to confirm that the Advance Confirmation Instrument is not effective until the date of funding.

  • Interest accrued through the end of each month shall be payable two (2) Business Days before the first day of the following month as more particularly set forth in the applicable Variable Facility Note.

  • The Adjustable Rate with respect to each Variable Structured ARM Advance shall change on each Rate Change Date until such Variable Structured ARM Advance is repaid in accordance with the applicable Variable Facility Note.

  • The obligation of Borrower to repay each Variable Advance shall be evidenced by a single Variable Facility Note.

  • Subject to the terms and conditions of Section 3.04 (Procedure for Obtaining Releases of Collateral), Borrower may prepay all or a portion of any Variable Advance pursuant to the prepayment provisions of the applicable Variable Facility Note.


More Definitions of Variable Facility Note

Variable Facility Note means the promissory notes (together with all schedules, riders, allonges, addenda, renewals, extensions, amendments and modifications thereto), which have been issued by Borrower to Lender to evidence Borrower’s obligation to repay Variable Advances, and with respect to a Variable Structured ARM Advance, the promissory note will be the same or substantially similar in form to the promissory note issued by Borrower to Lender in connection with the Variable Structured ARM Advance made on the Initial Closing Date and with respect to a Variable DMBS Advance, the promissory note will be in the then current form of promissory note utilized by Xxxxxx Xxx for loans with a DMBS execution.
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Variable Facility Note means the promissory note, in the form attached as Exhibit C-l or Exhibit C-2 to the Agreement, which has been issued by Borrower to Lender to evidence Borrower’s obligation to repay SARM Variable Advances.
Sample 1
Variable Facility Note means a promissory note, in the form attached as Exhibit C-1 or Exhibit C-2 to the Agreement (as such form may be modified from time to time), which will be issued by Borrower to Lender, concurrently with the funding of each Variable Advance.
Sample 1
Variable Facility Note means, the promissory note, in the form attached as EXHIBIT I to this Agreement, which has been issued by the Borrower Parties to the Lender to evidence the Borrower Parties' obligation to repay Variable Advances.
Sample 1

Related to Variable Facility Note

  • 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.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

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

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

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

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

  • 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.

  • Bridge Note means a promissory note made by the Borrowers in favor of a Bridge Lender evidencing Bridge Loans made by such Bridge Lender substantially in the form of Exhibit E-2.

  • Term Notes means, collectively, the Term A Notes and the Term B Notes.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Revolver Note means any one of such Revolver Notes.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • 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 Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • debit note means a document issued by a registered person under sub-section (3) of section 34;