Term Note Record definition

Term Note Record. A Record with respect to a Term Note.
Term Note Record therein in proper alphabetical order:
Term Note Record. A record with respect to a Term Note. TIMBER. Timber Energy Resources, Inc. a Florida corporation. TIMBER ENVIRONMENTAL LIABILITY. The environmental liabilities of Timber disclosed on SCHEDULE 6.18 to be assumed by the Parent, in an amount not to exceed $500,000. TOTAL CANADIAN COMMITMENT. See Section 2.1(b).

Examples of Term Note Record in a sentence

  • The Borrower irrevocably authorizes each Bank to make or cause to be made a notation on such Bank's Term Note Record reflecting the original principal amount of such Bank's Commitment Percentage of the Term Loan and, at or about the time of such Bank's receipt of any principal payment on such Bank's Term Note, an appropriate notation on such Bank's Term Note Record reflecting such payment.

  • The aggregate unpaid amount set forth on such Bank's Term Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Bank, but the failure to record, or any error in so recording, any such amount on such Bank's Term Note Record shall not affect the obligations of the Borrower hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The aggregate unpaid amount set forth on such Bank's Term Note Record shall be prima facie ----- ----- evidence of the principal amount thereof owing and unpaid to such Bank, but the failure to record, or any error in so recording, any such amount on such Bank's Term Note Record shall not affect the obligations of the Borrower hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The Borrowers irrevocably authorize each Term Loan Lender to make or cause to be made a notation on such Lender's Term Note Record reflecting the original principal amount of such Lender's Term Loan Percentage of the Term Loan and, at or about the time of such Lender's receipt of any principal payment on such Lender's Term Note, an appropriate notation on such Lender's Term Note Record reflecting such payment.

  • The Borrower irrevocably authorizes each Lender to make or cause to be made a notation on such Lender's Term Note Record reflecting the original principal amount of such Lender's Commitment Percentage of the Term Loan and, at or about the time of such Lender's receipt of any principal payment on such Lender's Term Note, an appropriate notation on such Lender's Term Note Record reflecting such payment.

  • The aggregate unpaid amount set forth on such Lender's Term Note Record shall be PRIMA FACIE evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender's Term Note Record shall not affect the obligations of the Borrowers hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The outstanding amount of the Loans as reflected on the Note Records from time to time shall constitute prima facie evidence of the principal amount thereof absent manifest error; but the failure to record, or any error in so recording, any such amount on such Lender's Term Note Record shall not affect the obligations of the Borrowers hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The aggregate unpaid amount set forth on such Lender’s Term Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender’s Term Note Record shall not affect the obligations of the Borrowers hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The aggregate unpaid amount set forth on such Lender's Term Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender's Term Note Record shall not affect the obligations of the Borrower hereunder or under any Term Note to make payments of principal of and interest on any Term Note when due.

  • The Borrowers irrevocably authorize each Lender to make or cause to be made a notation on such Lender’s Term Note Record reflecting the original principal amount of such Lender’s Commitment Percentage of the Term Loan and, at or about the time of such Lender’s receipt of any principal payment on such Lender’s Term Note, an appropriate notation on such Lender’s Term Note Record reflecting such payment.


More Definitions of Term Note Record

Term Note Record. A record with respect to a Term Note. Total Commitment. The sum of the Commitments of the Lenders, as in effect from time to time, which amount shall initially equal $175,000,000, as such amount may be reduced or increased pursuant to the terms hereof.
Term Note Record in their entireties (any and all references to such terms appearing elsewhere in the Credit Agreement or in any other Loan Document also being hereby deleted).
Term Note Record. A Record with respect to a Term Note. Total Commitment. The sum of the Commitments of the Banks, as in effect from time to time.
Term Note Record and "Term Out Date" contained in ss.1.1 of the Credit Agreement are hereby deleted in their entirety.
Term Note Record. A Record with respect to a Term Note. Third Term Conversion Date. April 21, 2001.
Term Note Record. A Record with respect to a Term Note. Test Period. In connection with the calculation of the financial covenants set forth in ss.13 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the definition of such financial covenant.