Facility Note definition

Facility Note means a promissory note of Borrower issued to each Lender evidencing the Loans made by such Lender to Borrower.

Facility Note means, collectively, any promissory note evidencing all or part of the Indebtedness from time to time (as any such note may be amended, modified or restated from time to time), a copy of which is attached hereto as Exhibit C.    

Facility Note means the DMBS Discount Multifamily Note in the principal amount of $11,720,000 delivered by Borrower to Lender pursuant to the Credit Agreement.

Examples of Facility Note in a sentence

• Under the terms of the Forbearance Agreement, Macquarie Bank agreed, at its discretion, to provide an additional Tranche 3 under the Project Facility (Note 15), the availability of which shall be in the absolute discretion of the Macquarie Bank.

• Notwithstanding any language to the contrary contained in this Agreement, Borrower shall only be required to pay principal or interest payments under a Facility Note to the extent Borrower receives such principal payments or interest payments on the Underlying Project Loans, unless such principal payments or interest payments on underlying Project Loans are more than thirty (30) days late.

• AGNM applied these “milk checks” first to the monthly mortgage payment on the Facility Note, then expenses and interests on the Cow Note, and finally to pay down the principal on the Cow Note.

• On the first draw-down under the USD 61.5 million Loan Facility (Note 1), the balance owing under the Interim Loan will be consolidated with the Loan Facility, resulting in Aral having access to up to USD 51.5 million, assuming the full draw-down of the Interim Loan.

• Any Lender may agree to increase its Commitment by executing an amendment to this Agreement and its Facility Note with the consent of the Borrower and the Administrative Agent on behalf of the other Lenders.

More Definitions of Facility Note

Facility Note means a promissory note substantially in the form of the attached Exhibit A.

Facility Note means a US Facility Note or a Multicurrency Facility Note.

Facility Note means the promissory note evidencing the borrowings under the Investment Agreement.

Facility Note has the meaning specified in Section 2.02(d) hereof and includes any amendments, modifications, renewals or extensions thereof.

Facility Note a full recourse promissory note in the form of EXHIBIT G or a non-recourse promissory note in the form of EXHIBIT G1, as applicable, executed by Borrower in favor of Lender in conjunction with each Advance. FACILITY RATE: unless otherwise agreed to in writing by and between Lender and Borrower with respect to a particular Advance,

Facility Note means a promissory note in substantially the form of Exhibit "A-1" hereto, duly executed and delivered to the Administrative Agent by the Borrower and payable to the order of a Lender in the amount of its Commitment, including any amendment, modification, renewal or replacement of such promissory note.

Facility Note has the meaning assigned to such term in Section 2.03(a).