Note Modification definition

Note Modification means the Note Modification Agreement and Allonge (Promissory Note – Revolving Line of Credit) dated August 3, 2010, by and between Borrower and Lender, executed pursuant to this Amendment any and all modifications and replacements thereof.
View Source
Note Modification means an amended and restated promissory note between the Administrative Agent (on behalf of the Lenders) and a Designated Borrower (unless otherwise agreed by the Administrative Agent in its sole discretion) and in form and substance reasonably acceptable to the Administrative Agent and the Company.
View Source

Examples of Note Modification in a sentence

  • This agreement shall become effective only after it is fully executed by the Borrower and the Bank, and the Bank shall have received from the Borrower the following documents: Note Modification Agreement.

  • Banc of America Leasing & Capital, LLC assigned all of its rights in and to the Credit Agreement and the Note, together with any and all other documents executed and/or prepared in connection therewith (collectively, the “Loan Documents”), to the Lender pursuant to that certain Assignment and Assumption and Amendment and Note Modification Agreement dated as of July 17, 2006, by and among the Borrower, Bank of America Leasing & Capital, LLC and the Lender.

  • This agreement shall become effective only after it is fully executed by the Borrower, Badger Meter, Inc., and the Bank, and the Bank shall have received from the Borrower the following documents: Note Modification Agreement.

  • Pursuant to that certain Note Modification Agreement dated December 30, 2011 the amount available to be advanced on the Existing Note has been reduced to the sum of Five Million and No/100 Dollars ($5,000,000.00).

  • Except as modified by this Note Modification, the provisions of the Note are hereby reaffirmed and remain in full force and effect.

  • Borrower warrants and represents to Bank that it has full right, power and authority to enter into this Note Modification Agreement and to perform its obligations hereunder, and that all information and materials submitted to Bank in connection herewith are accurate and complete.

  • The Borrower hereby expressly (i) waives any conflict of interest of the attorney(s) retained by the Bank to confess judgment against the Borrower upon the Note and this Note Modification Agreement, and (ii) consents to the receipt by such attorney(s) of a reasonable legal fee from the Bank for legal services rendered for confessing judgment against the Borrower upon the Note and this Note Modification Agreement.

  • The Note, as modified by this Note Modification, and the loans evidenced thereby, shall be governed and secured by the Loan Agreement.

  • A copy of the Note and this Note Modification Agreement, certified by the Bank, may be filed in each such proceeding in place of filing the original as a warrant of attorney.

  • The Borrower shall execute herewith an appropriate Note Modification document reflecting the extended maturity date.

Related to Note Modification