Multiple Advance Term Promissory Note definition

Multiple Advance Term Promissory Note means that certain Multiple Advance Term Promissory Note, dated April 3, 2002, made, executed and delivered by the Borrower pursuant to the Prior Loan Agreement and in the original principal amount of $1,853,340.00.
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Multiple Advance Term Promissory Note means the Multiple Advance Term Promissory Note described in Section 2.1 (a) hereof, as the same may be renewed, extended, increased or otherwise modified from time to time.
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Multiple Advance Term Promissory Note means the $16,891,205.87 Multiple Advance Term Promissory Note described in Section 2.1(a) hereof, as the same may be renewed, extended, increased or otherwise modified from time to time.
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Examples of Multiple Advance Term Promissory Note in a sentence

  • General Manager Anker then presented for review and consideration the CoBank Multiple Advance Term Promissory Note.

  • After discussion, it was moved and seconded that the CoBank Multiple Advance Term Promissory Note be approved.

  • A summary of the meeting’s discussions and decisions is provided below, while a more detailed report will be prepared as background for the next informal tripartite consultations.

  • Seconded by Trustee Jackson and unanimously approved.MOTION APPROVED MOTION was made by Trustee Roepstorff to authorize the advance of $20 million on the existing Multiple Advance Term Promissory Note and Supplement RI0077T10 with CoBank, to be financed with a new long-term note with CoBank.

  • Requesting a motion to authorize the advance of $10,000,000 on the existing CoBank Multiple Advance Term Promissory Note and Supplement RX007717 with National Rural Utilities Cooperative Finance Corporation (“CFC”), to be financed with a new long-term note with CoBank.

  • Term Loan - Contemporaneously with the execution and delivery hereof, the Borrower shall execute and deliver to the Lender the promissory note in the form of Exhibit A hereto in the original principal amount of $7,521,109.00, in renewal, extension, rearrangement and consolidation of the Borrower's indebtedness to Lender evidenced by the Line A Term Promissory Note, Line B Term Promissory Note, Consolidated Term Promissory Note and the Multiple Advance Term Promissory Note.

  • Action Requested 2 Requesting a motion to authorize the advance of $20 Million on the existing Multiple Advance Term Promissory Note and Supplement RI0077T10 with CoBank, to be financed with a new long-term note with CoBank.

  • Requesting a motion to authorize the advance of $100,000,000.00 on the CoBank Multiple Advance Term Promissory Note to be financed with a new long-term note with CoBank.

  • The Commission imposed a total of fines of EUR 52 239 000 on the four generic undertakings (or their legal successors) in question.

  • Requesting a motion to adopt a Resolution authorizing the execution and delivery of Multiple Advance Term Promissory Note and Supplement – 00028644T10 with CoBank, an aggregate amount not to exceed the principal amount of $150,000,000.00 as set forth in the loan agreement with CoBank governing such loan.

Related to Multiple Advance Term Promissory Note

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

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

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

  • 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 aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Term Advance has the meaning specified in Section 2.01(a).

  • 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.

  • Equipment Advance is defined in Section 2.1.1.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

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

  • Revolving Advance has the meaning given in Section 2.1.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • The Advance Work Order or “Letter of Intent” means the intention of Purchaser to place the Work Order on the bidder.

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

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

  • 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.

  • 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.

  • Secured Promissory Note is defined in Section 2.4.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Maximum Revolving Advance Amount means $30,000,000.

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

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

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.