Previous Note definition

Previous Note is defined in the second paragraph of this Agreement.
Sample 1
Previous Note. Sixth Amendment" and "Special Account" in the appropriate alphabetical locations:
Sample 1
Previous Note means that certain promissory note issued by the Borrowers, payable to the order of the Bank, in the principal amount of $3,500,000, dated as of October 2, 1995, as amended, which was issued in substitution for, and in replacement of, not in payment of the Borrowers' revolving note dated as of January 30, 1995, payable to the Bank's order in the original principal amount of $2,000,000."
Sample 1

Examples of Previous Note in a sentence

  • Please provide description below: Worksheet 350 – Construction and Other Significant Commitments Agency No: Agency Name: Preparer/Phone: Examples of Previous Note Disclosures The State Treasurer has entered into contracts with external fund managers of the Real Estate Investment and Alternative Investment portfolios, where the State Treasurer agrees to commit capital to these investments.

  • As of the effective date of the Agreement, all unpaid principal, interest and other amounts accrued and outstanding under the Previous Note shall for all purposes be and constitute unpaid amounts outstanding under and evidenced by this Revolving Note.

  • Your Previous Note Rate of interest is reduced, or in the event more than one loan is being refinanced, the weighted average note rate of the Previous Loans is reduced; 5.

  • The Previous Note Rate of interest is reduced or in the event that more than one Previous Loan is being refinanced, the weighted average Previous Note Rate of interest is reduced.

  • Immediately upon receipt by the Lender of the New Note, the Lender shall cancel the Previous Note and promptly return it to the Borrower.

  • In replacement for that certain Promissory Note payable to the order of Bank of Montreal dated as of February 13, 2008 in the principal amount of $370,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $76,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank.

  • All references in the Loan Agreement and in all other documents and instruments executed in connection therewith to the Previous Note shall be deemed references to the New Note.

  • Any interest that has accrued and remains unpaid with respect to the Previous Note shall be paid pursuant to the terms hereof.

  • This Revolving Note supersedes and replaces that certain Revolving Note dated June 30, 1999, as amended from time to time, in the principal amount not to exceed Twenty-Four Million Seven Hundred Fifty Thousand Dollars ($24,750,000), executed by Borrower in favor of Bank (the "Previous Note").

  • In replacement for that certain Promissory Note payable to the order of Bank of Montreal dated as of May 2, 2008 in the principal amount of $76,000,000.00 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $67,785,197.00, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank.


More Definitions of Previous Note

Previous Note shall have the meaning set forth in the Recitals hereto.
Sample 1

Related to Previous Note

  • Previous Agreement has the meaning assigned to such term in the Recitals.

  • Existing Note shall have the meaning given to such term in the preamble hereto.

  • New Note shall have the meaning assigned to such term in Section 38.

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • RMB Note means a Note denominated in Renminbi.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Surplus Note means a promissory note executed by an Insurance Subsidiary of the type generally described in the insurance industry as a “surplus note,” the principal amount of which an insurance regulator permits the issuer to record as an addition to capital and surplus rather than as a liability in accordance with SAP.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Owned Note shall have the meaning assigned to such term in Section 32.

  • Original Note shall have the meaning assigned to such term in the recitals.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Adjustment Note has the meaning given in the GST Legislation;

  • Prior Loan Agreement is defined in Recital A.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Retained Note means any Notes held by the Issuer (or any other person treated as the same person as the Issuer for U.S. federal income tax purposes), but only so long as such Notes are held by such entity, until such time as such Notes are transferred in accordance with the terms and conditions of Section 2.04 of the Indenture.

  • Master Note means a Master Promissory Note in the form mandated by Section 432(m)(1)(D) of the Higher Education Act, as added by Pub. L. 105-244,ss. 427,112 Stat. 1702 (1998) as amended by Public Law No: 106-554 (enacted December 21, 2000) and as codified at 20 U.S.C.ss. 1082(m)(1).

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

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

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Original Loan shall have the meaning set forth in the recitals hereto.