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.