Revolving Term Note definition
Examples of Revolving Term Note in a sentence
In the event of irreconcilable inconsistency between the terms hereof and the terms of the Revolving Term Note, the terms of the Revolving Term Note shall control.
All principal, interest and fees outstanding under the Revolving Term Facility shall be due and payable pursuant to the Revolving Term Note except to the extent otherwise provided for in this Agreement.
The terms and provisions of the Revolving Term Note are incorporated herein by reference and made a part hereof.
Subject to the terms and conditions of this Agreement, the Revolving Term Note and the other Loan Documents, prior to the Revolving Term Facility Expiration Date, upon the request of the Company, Lender shall make loans to the Company under the Revolving Term Facility (each, a “Revolving Term Loan”); provided, that in no event shall Lender be obligated to make a Revolving Term Loan that, when added to the then-current Revolving Term Facility Usage, would exceed at any time the Revolving Term Commitment.
The Revolving Term Note referenced in Section 2.2(b) of the Existing Credit Agreement, and attached to the Existing Credit Agreement as Exhibit B, has been amended and restated in its entirety and is in the form attached hereto as Exhibit B, the terms and provisions of which are incorporated into the Existing Credit Agreement by reference and made a part thereof (the “First Amended and Restated Revolving Term Note”).
The Company shall pay Agent: (a) an administrative fee of $10,000 on the Closing Date and on each July 1 thereafter, commencing on July 1, 2018; (b) an origination fee of $315,000 on the Closing Date; and (c) the Unused Commitment Fees in accordance with the terms of the Revolving Term Note.
A supplemental copy of this exhibit will be furnished to the SEC upon request.] Form of Euro Revolving Term Note [Omitted.
This Revolving Term Note is issued in connection with, and is entitled to the benefits of, the Credit Agreement which, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events, and for the amendment or waiver of certain provisions of the Credit Agreement, all upon the terms and conditions therein specified.
The Revolving Loans shall be evidenced by that certain Revolving Term Note, of even date herewith (the "Revolving Note"), by The ▇▇▇▇▇ Electronics Corporation in favor of the Bank in the face amount of the Revolving Loan Amount.
On the first Business Day of each month, commencing with April 1995, the aggregate principal amount of the Revolving Loans made during the previous month, if any, together with the obligation to pay interest thereon, evidenced by the Master Revolving Note shall, upon execution by Borrower of a Monthly Revolving Term Note (with respect to such month) payable to the order of Lender, be evidenced by such Monthly Revolving Term Note and no longer be evidenced by the Master Revolving Note.