Tranche II Note definition

Tranche II Note means any promissory note issued by the Borrower pursuant to this Agreement evidencing a Tranche II Loan substantially in the form of a Weekly Rate Note or a Fixed Rate Note.
Sample 1
Tranche II Note has the meaning given it in Section 2.1.
Sample 1
Tranche II Note means a promissory note of Borrower substantially in the form of Exhibit A-2 to this Agreement or otherwise identified on the Amendment Effective Date as the Tranche II Note, as such note may from time to time be amended, extended, restated, supplemented or otherwise modified. Tranche II Prepayment Amount in respect of any Payment Date shall mean (w) until the Payment Date on which Tranche I Loans are paid in full, zero, (x) on the date on which the Tranche I Loans are paid in full, the Tranche I Prepayment Amount as determined for such day minus the amount of such Tranche I Prepayment Amount applied to repay the remaining principal amount of the Tranche I Loans and (y) on each Payment Date after the Tranche I Loans have been paid in full, the amount on deposit in the CFCCA on the immediately preceding Calculation Date after giving effect to the transfer thereto required to be made thereto on such date from the Cash Collateral Account- Servicing pursuant to Section 8.29(e) minus unless on or prior to the Payment Date the Agent has given the Borrower telephonic or written notice that it disputes any amount specified on Exhibit A to the Waterfall Certificate with respect to disbursements on such Payment Date, all amounts specified on such Exhibit A other than the Principal Prepayment Amount set forth thereon.
Sample 1

Examples of Tranche II Note in a sentence

  • Each Tranche II Note will accrue interest from the date of issuance until the earlier of the date that such Tranche II Note is converted into common stock or repaid in full.

  • The performance of obligations under a convention often involves action by the Parliament, to amend the existing domestic law.

  • Lender shall have received the Tranche II Note and such other agreements, documents, instruments and certificates as it may reasonably request.

  • Notwithstanding the foregoing, no adjustment under this Section 3(g) will apply to any Note or Tranche II Note held by Total.(h) Adjustment for Share Splits and Combinations.

  • 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.

  • The NPAI are well versed in handling these claims and do so swiftly and efficiently.

  • 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 II Note

Tranche II Note means the convertible promissory note in the original principal amount of $1,500,000, plus the Lending Fee if so elected by Borrowers, in the form attached at Exhibit A-2.
Sample 1

Related to Tranche II Note

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

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

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

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

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

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

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

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

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

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

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

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

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

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

  • 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.

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

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

  • 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.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Notes is defined in Section 1.1.

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