Initial Term Note definition

Initial Term Note shall have the meaning provided in Section 2.05(a).

Initial Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the indebtedness of the Borrower to such Term Lender resulting from the Initial Term Loans under the same Term Loan Tranche made or held by such Term Lender.

Initial Term Note has the meaning specified in Section 2.11(a).

Examples of Initial Term Note in a sentence

• On or prior to the Initial Borrowing Date, (i) the Effective Date shall have occurred as provided in Section 13.10 and (ii) there shall have been delivered to the Administrative Agent for the account of each of the Lenders that has requested same the appropriate Initial Term Note and/or Revolving Note executed by the Borrower and, if requested by the Swingline Lender, the Swingline Note executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.

• Each Initial Term Note shall represent the obligation of Borrower to pay the amount of the applicable Initial Term Lender’s Term Loan Commitment, together with interest thereon.

• The Initial Term Note and the Variable Funding Notes purchased pursuant to this Agreement, and any Term Note exchanged pursuant to Section 2.09(a), is acquired by the Person for investment only and not with a view to any public distribution thereof, and such Person will not offer to sell or otherwise dispose of its Note in violation of any of the registration requirements of the Securities Act or any applicable state or other securities laws.

• The closing of the purchase and sale of the Initial Term Note and the Variable Funding Notes shall take place at the offices of Xxxxxx, Xxxxxxxxxx & Xxxxxxxxx, 0000 00xx Xxxxxx, XX, Xxxxxxxxxx, XX 00000, on the Closing Date (the “Closing”).

• The Initial Term Loan shall be evidenced by promissory notes substantially in the form of Exhibit 1.1(a) (as amended, modified, extended, substituted or replaced from time to time, each an “Initial Term Note” and, collectively, the “Initial Term Notes”), and Borrower shall execute and deliver each Initial Term Note to the applicable Initial Term Lender.

More Definitions of Initial Term Note

Initial Term Note is defined in Section 2.10(d) hereof.

Initial Term Note means, the Term Note issued on the Closing Date with an initial Outstanding Principal Amount of $107,361,000.

Initial Term Note has the meaning ascribed to it in Section 1.1(a).

Initial Term Note means a promissory note of the Borrower payable to the order of any Initial Term Lender, substantially in the form of Exhibit C-2, evidencing the indebtedness of the Borrower to such Initial Term Lender resulting from the Initial Term Loans made by such Lender.

Initial Term Note means each Term B-1 Note and each Term B-2 Note.

Initial Term Note means a promissory note made by the Company in favor of an Initial Term Holder evidencing the Initial Term Loans made by such Initial Term Holder, substantially in the form of Exhibit A-1 hereto.

Initial Term Note. As defined in (S)1.4.