Medium Term Notes Sample Clauses

Medium Term Notes. Any promissory note of a domestic corporation that has a maturity of not more than 2 years from the date of purchase and that is rated not lower than A by S&P or Xxxxx’x.
Sample 1
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Medium Term Notes. Medium-term notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Purchases are limited to securities rated "A" or higher, or the equivalent, by a NRSRO. A maximum of 30 percent of the City's portfolio may be invested in this category and a maximum of 5 percent with any one issuer. The maximum maturity of these securities is five years.
Sample 1
Medium Term Notes. In connection with the issuance of notes described in the Prospectus other than CoreNotes (the “Medium-Term Notes”), as amended and supplemented and included in the Registration Statement, nothing in this Agreement shall be construed to limit or restrict the ability of the Company to issue and sell Medium-Term Notes directly to any Agent or to any other underwriter pursuant to a distribution agreement other than this Agreement; provided, that the terms of such other distribution agreement shall be no more favorable to such underwriter than this Agreement. Any sale of Medium-Term Notes to an Agent shall be subject to the terms of this Agreement and a Terms Agreement, unless the Company and the relevant Agent(s) otherwise agree in writing.
Sample 1
Medium Term Notes. In connection with the issuance of notes described in the Prospectus other than IncomeNotes (the "MEDIUM-TERM NOTES"), as amended and supplemented and included in the Registration Statement, nothing in this Agreement shall be construed to limit or restrict the ability of the Company to issue and sell Medium-Term Notes directly to any Agent or to any other underwriter pursuant to a distribution agreement other than this Agreement; PROVIDED, that the terms of such other distribution agreement shall be no more favorable to such underwriter than this Agreement. Any sale of Medium-Term Notes to an Agent shall be subject to the terms of this Agreement and a Terms Agreement, unless the Company and the relevant Agent(s) otherwise agree in writing.
Sample 1
Medium Term Notes. The Company will authorize the issue, from time to time, of (but, except as provided in Section 2.2(e) hereof, shall not be obligated to issue) its additional senior promissory notes (herein called the "Medium-Term Notes") in an aggregate principal amount not to exceed $40,000,000. Each Medium-Term Note shall be dated the date of issue thereof, shall have a maturity date of not more than 15 years from the date of original issuance thereof and a weighted average life of not more than 12 years, and shall bear interest on the unpaid balance thereof at the rate per annum (and shall have such other particular terms) as shall be set forth in the Confirmation of Acceptance described in Section 2.2(e) hereof. The Medium-Term Notes shall be substantially in the form of Exhibit 1 attached hereto. The terms "Medium-Term Note" and "Medium- Term Notes" as used herein shall include each Medium-Term Note delivered pursuant to any provision of this Agreement and each Medium-Term Note delivered in substitution or exchange for any such Medium-Term Note pursuant to any such provision. The terms "Note" or "Notes" as used herein shall include each Series A Note and each Medium-Term Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such Note pursuant to any such provision. Notes which have (i) the same final maturity, (ii) the same principal prepayment dates, (iii) the same principal prepayment amounts (as a percentage of the original principal amount of each Note), (iv) the same interest rate, (v) the same interest payment periods, and (vi) which are otherwise designated a "Series" hereunder or in the Request for Purchase or the Confirmation of Acceptance, whether or not the foregoing conditions are satisfied, are herein called a "Series" of Notes.
Sample 1
Medium Term Notes. The Borrower has issued Medium-Term Notes under a Collateral Trust Indenture dated as of June 1, 1992 between the Borrower and Bankers Trust Company, as Trustee. Each series of Medium-Term Notes is secured by a separate First Mortgage Bond of the Borrower issued pursuant to the Borrower's First Mortgage Indenture. The following Medium-Term Notes of the Borrower are currently outstanding: FIRST MORTGAGE TITLE OF MEDIUM-TERM NOTES PRINCIPAL AMOUNT BOND SECURITY -------------------------- ---------------- -------------- 6.95% Series A Medium-Term Notes $37,000,000 12% Series CC due 2022 due 2022
Sample 1
Medium Term Notes. Notwithstanding any contrary provision herein, the Issuer may establish in or pursuant to a Board Resolution or, if so authorized by Board Resolutions, by Officers' Certificate or by one or more supplemental indentures, prior to the issuance of the Securities of any series which have maturities from nine months to thirty years from the Original Issue Date and certain other terms to be determined in the manner herein contemplated, the form and terms of the Securities of such series of which the principal amount and the terms described in clauses (3), (4), (5), (7), (8), (12), (13) and (17) of Section 2.3 of each Security of such series may be established by such agents of the Issuer and communicated in such manner and at such times before the issuance thereof as shall be provided in or pursuant to such Board Resolution, Officers' Certificate or supplemental indenture and as shall be reasonably satisfactory to the Trustee, without certifying or delivering to the Trustee any record of action by such agents or delivering any Issuer Order, Officers' Certificate or Opinion of Counsel (other than such communication as shall be so provided and satisfactory), PROVIDED that, prior to the initial issuance of any Security or Securities of such series, the Issuer Order, Officers' Certificate and Opinion of Counsel described in Sections 2.1, 2.3 and 2.4 with respect to the Securities of such series, with such changes in each case as shall be necessary in respect of the future determination of terms and as shall be reasonably satisfactory to the Trustee, shall be delivered to the Trustee.
Sample 1
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Medium Term Notes. There shall occur an “Event of Default” (or any comparable term) under, and as defined in, the Medium Term Notes Documents; or
Sample 1
Medium Term Notes 
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Related to Medium Term Notes

  • The Term Loans (i) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, each Lender with a Term Loan Commitment severally and not jointly agrees to lend to the Borrower on the Restatement Effective Date, the amount set forth opposite such Lender’s name in Schedule 1.1(a) under the heading “Term Loan Commitment” (such amount being referred to herein as such Lender’s “Term Loan Commitment”). As of the Restatement Effective Date and prior to giving effect to this Agreement, the outstanding principal amount of the “Term Loans” under the Original Credit Agreement was $51,630,000. The parties hereto agree that all of the outstanding principal amount and accrued and unpaid interest (to the extent not paid on the Restatement Effective Date) on the “Term Loans” under the Original Credit Agreement shall be automatically deemed to have been, and hereby is, converted into a portion of the outstanding principal amount of the Term Loan A hereunder in like amount without constituting a novation, and each Lender with a Term Loan Commitment severally and not jointly, agrees, on terms and conditions hereinafter set forth, to lend to the Borrower on the Restatement Effective Date the remainder of its Term Loan Commitment (which amounts, collectively with the converted portion and the Converted Term Loans, shall constitute the Term Loan A hereunder), in each case, in an aggregate amount equal to its Term Loan Commitment. Borrower hereby (x) represents, warrants, agrees, covenants and reaffirms that it has no known defense, set off, claim or counterclaim against the Agent and the Lenders as of the Restatement Effective Date with regard to its Obligations in respect of such Term Loan A and (y) reaffirms its obligation to repay such Term Loan A in accordance with the terms and provisions of this Agreement and the other Loan Documents.

  • The Term Loan On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make a loan to the Company in an amount not to exceed $20,000,000.00 (the “Commitment”). The Commitment shall expire at 12:00 noon (Company’s local time) on January 30, 2012, or on such later date as CoBank may, in its sole discretion, authorize in writing.

  • Additional Term Loans Subject only to the satisfaction or waiver of the conditions expressly set forth in Section 4 of the Eleventh Amendment, each 2014-1 Additional Term Lender agrees to make a loan in Dollars (the “2014-1 Additional Term Loans”) to the Borrower on the Eleventh Amendment Effective Date in the aggregate principal amount of such Lender’s 2014-1 Additional Term Commitment. No amount of a 2014-1 Additional Term Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder. The 2014-1 Additional Term Loans shall be denominated in Dollars, shall be maintained as and/or converted into Base Rate Loans or Eurocurrency Loans or a combination thereof, provided, that all 2014-1 Additional Term Loans made by the 2014-1 Additional Term Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of 2014-1 Additional Term Loans of the same Type. The proceeds of the 2014-1 Additional Term Loans made on the Eleventh Amendment Effective Date shall be placed into escrow with the Eleventh Amendment Escrow Agent on the terms set forth in the Eleventh Amendment Escrow Agreement. Subject only to the satisfaction or waiver of the conditions set forth in (x) Section 5.5 or (y) Section 5.2 and Section 5.6, as applicable, and the additional conditions expressly set forth in the Eleventh Amendment Escrow Agreement, the 2014-1 Additional Term Loans shall be released from escrow on the Eleventh Amendment Release Date. If the 2014-1 Additional Term Loans Termination Date occurs, the proceeds of the 2014-1 Additional Term Loans shall be released from escrow on the conditions set forth in the Eleventh Amendment Escrow Agreement and refunded and repaid in full (together with all accrued and unpaid interest thereon) to the 2014-1 Additional Term Lenders on the 2014-1 Additional Term Loan Maturity Date in accordance with the Eleventh Amendment Escrow Agreement.

  • Initial Term Loans Subject to the terms and conditions hereof, each Lender holding an Initial Term Loan Commitment severally agrees to make, in Dollars, in a single draw on the Closing Date, one or more term loans (each, an “Initial Term Loan”) to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A under the heading “Initial Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof, which Initial Term Loans:

  • Initial Term Loan The Borrower shall give the Administrative Agent an irrevocable Notice of Borrowing prior to 12:00 p.m. on the Closing Date requesting that the Term Loan Lenders make the Initial Term Loan as a Base Rate Loan on such date (provided that the Borrower may request, no later than three (3) Business Days prior to the Closing Date, that the Lenders make the Initial Term Loan as a LIBOR Rate Loan if the Borrower has delivered to the Administrative Agent a letter in form and substance reasonably satisfactory to the Administrative Agent indemnifying the Lenders in the manner set forth in Section 5.9 of this Agreement). Upon receipt of such Notice of Borrowing from the Borrower, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 2:00 p.m. on the Closing Date, each Term Loan Lender will make available to the Administrative Agent for the account of the Borrower, at the Administrative Agent’s Office in immediately available funds, the amount of such Initial Term Loan to be made by such Term Loan Lender on the Closing Date. The Borrower hereby irrevocably authorizes the Administrative Agent to disburse the proceeds of the Initial Term Loan in immediately available funds by wire transfer to such Person or Persons as may be designated by the Borrower in writing.

  • Final Term Sheet The Company will prepare a final term sheet in a form approved by the Representatives, and will file such term sheet pursuant to Rule 433(d) under the Securities Act within the time required by such rule (such term sheet, the “Final Term Sheet”).

  • Origination; Payment Terms The Mortgage Loan was originated by a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or other similar institution which is supervised and examined by a federal or state authority, except with respect to a Mortgage Loan purchased from a correspondent as indicated on the Mortgage Loan Schedule. Principal payments on the Mortgage Loan commenced no more than seventy days after funds were disbursed in connection with the Mortgage Loan. The Mortgage Interest Rate as well as, in the case of an Adjustable Rate Mortgage Loan, the Lifetime Rate Cap and the Periodic Cap are as set forth on the related Mortgage Loan Schedule. Unless specified on the related Mortgage Loan Schedule as an interest-only loan or a Balloon Mortgage Loan, the Mortgage Note is payable in equal monthly installments of principal and interest, which installments of interest, with respect to Adjustable Rate Mortgage Loans, are subject to change due to the adjustments to the Mortgage Interest Rate on each Interest Rate Adjustment Date, with interest calculated and payable in arrears, sufficient to amortize the Mortgage Loan fully by the stated maturity date, over an original term of not more than thirty years from commencement of amortization (or forty years for Mortgage Loans identified on the Mortgage Loan Schedule as a Balloon Mortgage Loan with a forty year amortization period). Unless otherwise specified on the related Mortgage Loan Schedule, the Mortgage Loan is payable on the first day of each month and the Mortgage Loan does not require a balloon payment on its stated maturity date;

  • Initial Advance to Each Designated Subsidiary The obligation of each Lender to make an initial Advance to each Designated Subsidiary is subject to the receipt by the Agent on or before the date of such initial Advance of each of the following, in form and substance reasonably satisfactory to the Agent and dated such date:

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