Term Credit Notes definition

Term Credit Notes means the promissory notes of the Borrower substantially in the form of Exhibit C.
Term Credit Notes is defined in Section 1.4 hereof.
Term Credit Notes as defined in Section 2.2.

Examples of Term Credit Notes in a sentence

  • The Borrower’s obligation to repay the Loans shall be evidenced by Term Credit Notes if requested by each Lender, one such payable to the order of each such Lender.

  • Such notations shall be presumptive, absent manifest error, as to the aggregate unpaid principal amount of all Loans made by such Lender, and interest due thereon, but the failure by any Lender to make such notations or the inaccuracy or incompleteness of any such notations shall not affect the obligations of the Borrower hereunder or under the Term Credit Notes.

  • This Agreement is, and the Term Credit Notes when delivered hereunder will be, duly executed and delivered by the Borrower and legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.

  • No amount paid or prepaid on the Term Credit Notes may be reborrowed; and except to the extent otherwise provided in this Agreement, partial prepayments of the Term Credit Notes shall be applied to the several installments thereof in the direct order of their maturities.

  • The Revolving Credit Commitments shall be automatically and ratably reduced by the positive difference, if any, between (i) each payment required to be made by the Borrower pursuant to clause (ii) through (iv), inclusive, of Section 3.4(b) hereof (including any amount of such payment which exceeds the amount of the Credit Utilizations as then outstanding) and (ii) the amount of such payment which, pursuant to Section 3.4(b)(vi) is applied as and for a mandatory prepayment of the Term Credit Notes.

  • Anything contained herein to the contrary notwithstanding, there shall not be more than eight LIBOR Portions applicable to the Revolving Credit Notes nor more than two LIBOR Portions applicable to the Term Credit Notes at any one time and each Bank shall have a ratable interest in each Portion.

  • Consequently, when triggered in future by Tunka-Grande around the clock, the total statistics at the highest energies could be increased by an order of magnitude.Each antenna station consists of two orthogonally aligned SALLA antennas, an economic and robust antenna type [17].

  • Notwithstanding anything to the contrary contained in the Credit Agreement or the Term Credit Notes, the Term Loans shall mature and be due and payable in full on June 30, 2002.

  • The second objective was to gather, as far as possible, support (in terms of signatures to statements), for the use of Joint ownership of Property in granting land to families and to call for the removal of the HoH concept from administrative practice.

  • Building and sustaining networks of individuals and entities for community improvement or research includes establishing and maintaining communication channels, exchanging resources, and coordinating collaborative activities.


More Definitions of Term Credit Notes

Term Credit Notes shall have the meanings specified in Section 1.2(a) hereof.
Term Credit Notes means, collectively, Term Credit Note One, Term Credit Note Two and Term Credit Note Three; and "Term Credit Note" shall mean any of the Term Credit Notes.

Related to Term Credit Notes

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

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

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

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

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.