Existing Revolving Credit Note definition

Existing Revolving Credit Note means a “Revolving Credit Note” as defined in the Existing Credit Agreement.
Existing Revolving Credit Note means a “Revolving Credit Note” as defined in the Existing Credit Agreement. “Existing Term Loan” has the meaning specified in Section 2.01(b).
Existing Revolving Credit Note shall have the meaning set forth in Recital Paragraph A of the Second Amendment.

Examples of Existing Revolving Credit Note in a sentence

  • As of the Second Amendment Effective Date, the definition of "Maturity Date", as set forth in the Existing Credit Agreement and Existing Revolving Credit Note, shall be and is hereby modified as set forth in the definition of Maturity Date contained in the Second Amendment.

  • Any assignment shall not release USA from its obligations hereunder.

  • The Revolving Credit Note replaces and supersedes (but does not extinguish any unpaid Obligations evidenced by or constitute a novation of) the Existing Revolving Credit Note.

  • The obligations of the Borrower under the Existing Revolving Credit Note are intended to be restated, replaced and substituted by (but not paid, satisfied, cancelled or novated by) the obligations of the Borrower under the Revolving Credit Facility Note.

  • Upon receipt of its New Revolving Credit Note, each Existing Bank shall return to the Administrative Agent, and the Administrative Agent shall forward to the Company for cancellation, the Existing Revolving Credit Note held by such Existing Bank.

  • Existing Revolving Credit Note - The Revolving Credit Note issued by ------------------------------ certain Borrowers, and certain of their Subsidiaries and Affiliates to Lender pursuant to the Existing Loan Agreement, together with all allonges, modifications and supplements thereto.

  • All references in the Credit Agreement or in any other instrument or document referring to the Existing Revolving Credit Note shall be deemed references to the New Revolving Credit Note.

  • Concurrently with the execution of the Original Credit Agreement, Borrower executed and delivered the Revolving Credit Note in the original principal sum of Fifty Million Dollars ($50,000,000.00) payable to the order of Agent Bank on behalf of the Lenders (the "Existing Revolving Credit Note").

  • The Revolving Credit Note shall be in form and substance satisfactory to Lender and shall amend and restate (but shall not extinguish the absolute and unconditional obligation to repay the Indebtedness evidenced by) the Existing Revolving Credit Note.

  • This Revolving Credit Note shall not be considered to be a novation of said Existing Revolving Credit Note as this Revolving Credit Note evidences the same indebtedness.


More Definitions of Existing Revolving Credit Note

Existing Revolving Credit Note as defined in the recitals to this Agreement.

Related to Existing Revolving Credit Note

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.