Tranche I Note definition

Tranche I Note means any promissory note issued by the Borrower pursuant to this Agreement evidencing a Tranche I Loan substantially in the form of a Weekly Rate Note or a Fixed Rate Note.”.
Sample 1
Tranche I Note has the meaning given it in Section 2.1.
Sample 1
Tranche I Note means a promissory note of Borrower substantially in the form of Exhibit A-1 to this Agreement or otherwise identified on the Amendment Effective Date as the Tranche I Note, as such note may from time to time be amended, extended, restated, supplemented or otherwise modified.
Sample 1

Examples of Tranche I Note in a sentence

  • Each Tranche I Note accrues interest from the date of issuance until the earlier of the date that such Tranche I Note is converted into the Company’s common stock or is repaid in full.

  • Total hereby waives any adjustment to the conversion price of the Tranche I Notes held by Total as a result of the Exchanges contemplated hereby pursuant to Section 1(e) of the Tranche I Note held by Total.

  • This waiver shall apply only with respect to the Exchanges contemplated hereby and the conversion price of the Tranche I Note held by Total shall otherwise remain subject to adjustment in accordance with the terms thereof.

  • Weak Axiom•An aggregate demand function, Z(p), satisfies the weak axiom (WA) if for any pair of price vectors, p and pj:Z(p) ƒ= Z(pj) and p · Z(pj) ≤ 0 =⇒ pj · Z(p) > 0.

  • The most common soil types are Clay, Sand, Clay-Loam, Silty-Clay-Loam, Sandy-Clay, and Silty-Clay (Paulos, 1998).

  • The Amended and Restated Note shall be an amendment and restatement, substitute and replacement of the Tranche I Note and Tranche II Note and shall consolidate the debt evidenced by the Tranche I Note and Tranche II Note and the Tranche III Loan.

  • Each of the Lenders shall have returned to the Borrower the promissory notes that were issued to the them pursuant to the Existing Agreement and received in exchange therefor an appropriately completed, substitute Tranche I Note (substantially in the form of Exhibit A-1 hereto) and an appropriately completed Tranche II Note substantially in the form of Exhibit A-2 hereto), each dated the Closing Date (or such other date agreed to by the Agent and the Borrower) and duly executed by the Borrower.

  • The principal amount of this Amended and Restated Note is composed of: (a) the current outstanding balance of the Tranche I Note, which is $3,603,736.11, (b) the current outstanding balance of the Tranche II Note, which is $1,593,509.19, and (c) $317,000.00 for the Tranche III Loan.

  • The Loan shall be evidenced by the Tranche I Note and Tranche II Note.

  • In connection with the Loan Agreement, the Lender has agreed, upon the terms and subject to the conditions of the Loan Agreement to make a Loan in an aggregate principal amount of $5,000,000 to the Borrowers that will be evidenced by a Tranche I Note and a Tranche II Note (as each such term is defined in the Loan Agreement) which will be convertible into Conversion Shares (as defined in the Loan Agreement) in accordance with the terms of the Loan Agreement.


More Definitions of Tranche I Note

Tranche I Note means the convertible promissory note in the original principal amount of $3,500,000, plus the Lending Fee, in the form attached at Exhibit A-1.
Sample 1

Related to Tranche I Note

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche A Note shall have the meaning given to it in Section 2.2 of the Credit Agreement.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term A Note means a promissory note made by the Borrower in favor of a Term A Lender evidencing Term A Loans made by such Term A Lender, substantially in the form of Exhibit C-1.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).