Definition of Facility Notes


Facility Notes means the promissory notes of the Borrower, executed and delivered under the Revolving Credit Agreement.
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Examples of Facility Notes in a sentence

In connection with the making of each Facility Loan, the Borrower executed a promissory note in the maximum principal sum of each Facility Loan (each a "Facility Note" and collectively, the "Facility Notes").
The Fixed Facility Notes shall be payable to the order of Lender and shall be made in the original principal amount of each Fixed Advance.
The obligation of Borrower to repay the Fixed Advances shall be evidenced by the Fixed Facility Notes.
The obligation of Borrower to repay the Variable Advances shall be evidenced by the Variable Facility Notes.
The terms and conditions of yield maintenance are contained in the Fixed Facility Notes.