RC Term definition
Examples of RC Term in a sentence
The Borrower agrees to pay costs and expenses, including reasonable attorneys' fees, incurred in connection with the interpretation or enforcement of this RC Term Note in accordance with the Credit Agreement.
Each of Seller and Shareholder agree that during the RC Term, neither Seller, Shareholder nor any of their Affiliates shall directly or indirectly appropriate, divert or assist any other Person to appropriate or divert any business or customer away from Purchaser or its Affiliates (or attempt to do any of the foregoing).
Schedule 2.01 Institution R/C Term Loan A Term Loan B Term Loan C Term Loan D ----------- ---------- ----------- ----------- ----------- ----------- ABN AMRO Bank N.V. ..................................
Upon the occurrence of any one or more of the Events of Default specified in the Credit Agreement, all amounts remaining unpaid on this RC Term Note shall become, or may be declared to be, immediately due and payable all as provided therein.
No portion of the RC Term Loans, once repaid, may be reborrowed.".
All remedies conferred upon the Lender by this RC Term Note or any other instrument or agreement or by applicable law, shall be cumulative and none is exclusive, and such remedies may be exercised concurrently or consecutively at the Lender's option.
Reference is hereby made to the Loan Documents for a description of the properties and assets in which a security interest has been granted, the nature and extent of the security, the terms and conditions upon which the security interests were granted and the rights of the holder of this RC Term Note in respect thereof.
All parties now and hereafter liable with respect to this RC Term Note, whether maker, principal, surety, guarantor, endorser or otherwise, hereby waive presentment, demand of payment, notice of protest, notice of dishonor and all other notices of any kind.