Examples of Existing Term Notes in a sentence
The Existing Term Notes shall continue to be secured by the security interest provided in the Security Agreement.
The Borrower's obligations under the Existing Term Notes shall continue in full force and effect in accordance with the terms thereof.
The Borrower is presently indebted to the Bank under a certain promissory note dated May 28, 1992 in the original principal sum of $2,000,000.00 (the "Existing Term Notes").
This highly developed type of technology ought to be mentioned in order to include refrigeration production systems not necessarily covered by the other technologies cited.
Accrued interest on the Existing Term Notes outstanding on the date of issuance of the New Term Notes shall be included in the interest due on the New Term Notes issued in replacement of such Existing Term Notes on the first interest payment date specified therefor in the Credit Agreement.