CAD Term Note definition

CAD Term Note means a promissory note made by the Canadian Borrower in favor of a CAD Term Lender evidencing the CAD Term Loan made by such CAD Term Lender, substantially in the form of Exhibit C-3.
View Source
CAD Term Note means a promissory note made by the Borrower in favor of a CAD Term Lender evidencing CAD Term Loans made by such CAD Term Lender, substantially in the form of Exhibit C‑4.
View Source
CAD Term Note means the term promissory note, dated as of even date herewith, made by the U.S. Borrower in favor of Lender, as amended or supplemented from time to time, in the stated principal amount equal to the outstanding principal balance of the CAD Term Loan on the date hereof, together with any renewals or extensions thereof. The CAD Term Note executed and delivered by the U.S. Borrower on the date hereof shall constitute an extension and renewal of that certain term note, dated as of December 20, 1999, made by the U.S. Borrower in favor of Lender. The CAD Term Note shall be substantially in the form of Exhibit B.
View Source

Examples of CAD Term Note in a sentence

  • Borrower has caused this CAD Term Note to be signed and delivered as of the day and year first above written.

  • On the Closing Date, the U.S. Borrower shall execute and deliver to Lender the CAD Term Note to evidence its continuing obligations in respect of the CAD Term Loan.

  • The outstanding principal balance of the CAD Term Loan shall continue to be repaid by the U.S. Borrower in quarterly installments in accordance with the amortization schedule set forth in the CAD Term Note; provided, however, that the final such installment, which shall be due and payable on September 1, 2002, shall be in such amount as is required to pay in full the unpaid principal balance of the CAD Term Loan, together with all accrued and unpaid interest thereon.

  • The outstanding principal balance of the CAD Term Loan shall continue to be repaid by the U.S. Borrower in quarterly installments in accordance with the amortization schedule set forth in the CAD Term Note; provided, however, that the final such installment, due and payable on December 1, 2002, shall be in such amount as is required to pay in full the unpaid principal balance of the CAD Term Loan, together with all accrued and unpaid interest thereon.