Initial Advance Notes definition

Initial Advance Notes means the Loan Notes in the aggregate amount of the Initial Advance Amount each dated as of the date hereof executed by Borrower and payable to the order of each Lender in the amount of each Lender’s Pro Rata Share of the Initial Advance, substantially in the form of Exhibit “M” as amended, modified, replaced, restated, extended or renewed from time to time.
Sample 1
Initial Advance Notes means (i) that certain promissory note, dated as of the Closing Date, made by Borrower to the order of Lender, designated the “A1 Note”, in the original principal amount of $82,500,000, (ii) that certain promissory note, dated as of the Closing Date, made by Borrower to the order of Lender, designated the “A2 Note”, in the original principal amount of $82,500,000, and (iii) that certain promissory note, dated as of the Closing Date, made by Borrower to the order of Lender, designated the “A3 Note”, in the original principal amount of $100,000,000, which notes evidence the Initial Advance of the Loan, as each such note may be replaced by multiple Notes or divided into multiple Note Components in accordance with Section 1.1(c) and as otherwise assigned (in whole or in part), amended, restated, replaced, supplemented or otherwise modified in accordance herewith.
Sample 1

Examples of Initial Advance Notes in a sentence

  • In the aftermath of the incident, there have been discussions and differing assessments whether more helicopters should have been sent for, in case the incident escalated.

  • Prior to the Third Amendment Effective Date, Borrower had outstanding Indebtedness to the Lenders pursuant to the Initial Advance Notes and Acquisition Notes issued and outstanding on the Third Amendment Effective Date and other Indebtedness and Obligations to the Lenders ("Other Indebtedness") as of the Third Amendment Effective Date ("Outstanding Indebtedness").

  • The Loan shall be advanced in accordance with the provisions of Section 1.7 hereof and the Initial Advance shall be evidenced by the Initial Advance Notes and the Future Funding Component shall be evidenced by the Future Funding Notes that shall each bear interest as described in this Agreement at a per annum rate as provided in Section 1.2(a).

Related to Initial Advance Notes

  • Initial Advance means the first Advance made pursuant to Article II.

  • Initial Loan is defined in Section 2.1.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Initial Additional Notes means Additional Notes issued in an offering not registered under the Securities Act and any Notes issued in replacement thereof, but not including any Exchange Notes issued in exchange therefor.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Advance Date means the funding date of any Advance.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Notes is defined in Section 1.1.

  • Credit Event Amount means, with respect to any Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.