Inventory Loan Promissory Note definition

Inventory Loan Promissory Note means that certain Amended and Restated Secured Promissory Note, dated as of July 10, 2013, that amends and restates that certain Secured Promissory Note, dated as of November 19, 2012, each executed by Inventory Loan Borrower in favor of Inventory Loan Lender, as amended, restated, supplemented, replaced, renewed, extended or otherwise modified from time to time.
Sample 1
Inventory Loan Promissory Note means that certain Inventory Promissory Note that evidences the Inventory Loan, of even date herewith, executed and delivered by Borrower in favor of Lender in the original principal amount not to exceed $23,000,000 which evidences Borrower’s agreement to repay Advances under the Inventory Loan and certain other Obligations associated with the Inventory Loan as it may be amended, supplemented or restated from time to time; the Inventory Loan Promissory Note replaces and supercedes in their entirety that certain Amended and Restated Mortgage Loan Promissory Note executed by Borrower in favor of Lender dated as of June 30, 2004, as amended from the time to time.
Sample 1

Examples of Inventory Loan Promissory Note in a sentence

  • No Default or Event of Default (as such terms are defined in the Inventory Loan Promissory Note) shall have occurred and be continuing, unless such Default or Event of Default has been otherwise specifically waived in writing by Inventory Loan Lender.

  • Cominar’s method of calculating AFFO may differ from the methods used by other entities, and therefore might not be appropriate for comparative analysis purposes.

  • Any excess amounts so funded by Lender shall be evidenced by the Inventory Loan Promissory Note and this Agreement, and by all Inventory Loan Documents, and secured by all Inventory Collateral.

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  • Lender shall have the right to assign the Inventory Loan and all or any portion of its rights in or pursuant to this Agreement or any of the Inventory Loan Documents to any subsequent holder or holders of the Inventory Loan Promissory Note or the Obligations including, without limitation, to an Affiliate, participant, or as part of a securitization or conduit financing.

  • Concurrently herewith, Borrower shall execute and deliver to Lender the Inventory Loan Promissory Note in the original principal amount not to exceed the Maximum Inventory Loan Amount.

  • Upon the commencement of suit or foreclosure proceedings with respect to the Mortgage, the unpaid principal balance of the Inventory Loan Promissory Note and the Receivables Loan Promissory Note, if not previously accelerated and declared due, together with the interest accrued thereon and all other Obligations under the Inventory Loan Documents, and the Loan Documents, shall immediately be due and payable.

  • Agent shall have received this Agreement and the Inventory Loan Promissory Note duly executed by all parties thereto.

  • The indebtedness evidenced by the Inventory Loan Promissory Note shall be secured by the Inventory Collateral as more fully described herein.

  • In the case of a foreclosure sale of all or any portion of the Mortgaged Property and the application of the proceeds of sale to the payment of the debt secured by the Mortgage, Lender shall be entitled to enforce payment of and to receive all amounts then remaining due and unpaid upon the Inventory Loan Promissory Note and Receivables Loan Promissory Note, and Lender shall be entitled to recover judgment for any portion of the debt remaining unpaid, with interest.

Related to Inventory Loan Promissory Note

  • Conduit Inventory Loan shall have the meaning assigned to such term in Section 14(d).

  • Promissory Note means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Prior Loan Agreement is defined in Recital A.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.