Original Term Note definition

Original Term Note means, collectively, the promissory notes payable by Borrower to Lenders, each in an amount equal to such Lender’s Commitment Percentage of the Original Term Loan, each dated as of the Closing Date, in a form acceptable to Agent, issued pursuant to Section 2.1, which evidences Borrower’s indebtedness in respect of the Original Term Loan, and any amendment or restatement thereof.
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Original Term Note means the Second Amended and Restated Promissory Note, dated as of August 2, 2012, by the Company in favor Holder in the original principal amount of $7,000,000 (without giving effect to any accrued PIK Interest).
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Original Term Note as defined in Section 10.6(g).
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Examples of Original Term Note in a sentence

  • In order to evidence each Lender’s Commitment Percentage of the Term Loan, (i) on or prior to the Closing Date, Borrower shall execute and deliver to each Lender the Original Term Note and (ii) on or prior to the First Amendment Closing Date, Borrower shall execute and deliver to each Lender the Additional Term Note.

  • This Note amends and restates in its entirety the Original Term Note.

  • The large differences in Maturity Date, Original Term, Note Date, Original Interest Rate, and Amortization Type can likely be attributed to a comparison of the origination data gathered by AMC to data that is reflective of a modification in some fields on the tape.

  • Borrower hereby represents and warrants that, on December 27, 1996, Lender made a term loan to Original Borrowers in the principal amount of $14,000,000 ("ORIGINAL TERM LOAN"), which Original Term Loan is repayable in accordance with the terms of the Original Term Note and is secured by all of the Collateral.

  • This Note shall not in any circumstances be deemed a novation or to have terminated, extinguished, or discharged Borrower's obligations evidenced by the Original Term Note.

  • The Original Term Note, as modified by the Changes in Term Agreement shall hereinafter be referred to as the “Term Note”.

  • Mortgagor further agrees that this Agreement and the other documents executed in connection with the Amendment are not intended to be, nor shall they be construed to create, a novation or accord and satisfaction of any of the Original Term Note (as defined in this Agreement), the Original Revolving Note (as defined in this Agreement), or the indebtedness evidenced thereby.

  • Except for the amounts represented by the Consolidated Note, from and after the Effective Date of this Agreement, all other sums due and owing under the Original Loan Agreement, Original Term Note and Original Revolving Note are deemed to be amended and restated in full, modified and entirely controlled by the terms of the Loan Documents, whether consisting of principal, interest, default interest, late charges, costs of collection, attorneys' fees or other sums.

  • All of the Borrower's representations, warranties and covenants regarding the Original Term Note are deemed repeated and are made again in respect of this Amended and Restated Convertible Term Note on the date hereof.

  • Pursuant to the provisions of the Original SouthTrust Loan Agreement, the Lender has heretofore made certain loans to MTS, which are evidenced by the Original Revolving Note and the Original Term Note and the other Original SouthTrust Loan Documents.


More Definitions of Original Term Note

Original Term Note as defined in Section 9.6(e).
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Original Term Note means a promissory note of the Borrower in substantially the form of Exhibit B-1, evidencing the obligation of Borrower to repay the Original Term Loans and all renewals and extensions of all or any part thereof.”
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Original Term Note means the Term Notes as defined in the Original Credit Agreement.
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Original Term Note means the Amended and Restated Term Note made by Borrower payable to the order of Lender, dated the date hereof, in the initial aggregate principal amount of $32,000,000 in substantially the form of Exhibit 1A attached hereto.
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Original Term Note as defined in Section 2.4(f).
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Original Term Note is defined in the recitals hereto.
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Related to Original Term Note

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

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

  • 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 Lender, substantially in the form of Exhibit B-2.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • 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.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

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

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.

  • Principal Terms means, with respect to any Series, (i) the name or designation; (ii) the initial principal amount (or method for calculating such amount), the Invested Amount, the Series Invested Amount and the Required Series Transferor Amount; (iii) the Certificate Rate (or method for the determination thereof); (iv) the payment date or dates and the date or dates from which interest shall accrue; (v) the method for allocating Collections to Investor Certificateholders; (vi) the designation of any Series Accounts and the terms governing the operation of any such Series Accounts; (vii) the Servicing Fee; (viii) the issuer and terms of any form of Series Enhancements with respect thereto; (ix) the terms on which the Investor Certificates of such Series may be exchanged for Investor Certificates of another Series, repurchased by a Transferor or remarketed to other investors; (x) the Series Termination Date; (xi) the number of Classes of Investor Certificates of such Series and, if more than one Class, the rights and priorities of each such Class; (xii) the extent to which the Investor Certificates of such Series will be issuable in temporary or permanent global form (and, in such case, the depositary for such global certificate or certificates, the terms and conditions, if any, upon which such global certificate may be exchanged, in whole or in part, for Definitive Certificates, and the manner in which any interest payable on a temporary or global certificate will be paid); (xiii) whether the Investor Certificates of such Series may be issued in bearer form and any limitations imposed thereon; (xiv) the priority of such Series with respect to any other Series; (xv) whether such Series will be part of a Group; (xvi) whether such Series will be a Principal Sharing Series; (xvii) whether such Series will be an Excess Allocation Series; (xviii) the Distribution Date; and (xix) any other terms of such Series.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • 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.