Loan Note Conditions definition

Loan Note Conditions has the meaning specified in Clause 1.1 (Definitions). "Loan Note Enforcement Notice" has the meaning specified in Loan Note Condition 9.3 (Delivery of Loan Note Enforcement Notice).
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in Schedule 2 of the Security Trust Deed, as may be modified, amended or supplemented in respect of any Loan Note or series of Loan Notes by the relevant Loan Note Supplement;
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Loan Note Conditions means, in respect of any Loan Note, the terms and conditions of such Loan Note as specified in the relevant Loan Note Supplement for such Loan Note;
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Examples of Loan Note Conditions in a sentence

  • In the case of any inconsistency between the defined terms in each of the said documents, the order of precedence of such defined terms shall be: the definitions in the relevant Loan Note Supplement, those in this Deed, those in the Loan Note Conditions (as varied or supplemented in relation to any Series by the relevant Loan Note Supplement), followed by those in the Master Framework Agreement.

  • The Security Trustee shall not be obliged to agree to any modification which, in the sole opinion of the Security Trustee, would have the effect of (i) exposing the Security Trustee to any liability against which it has not been indemnified and/or secured and/or pre-funded to its satisfaction or (ii) increasing the obligations or duties, or decreasing the rights or protection, of the Security Trustee in the Relevant Documents and/or the Loan Note Conditions.

  • No transfer of the Loan Note represented by this Loan Note Certificate shall be permitted except in accordance with Clause 4.4 (Transfers of Loan Notes) of the Security Trust Deed and Cash Management Agreement and the Loan Note Conditions.

  • The Security Trustee shall have regard to the interests of the Loan Note Holders in respect of any Series of Loan Notes only as a class and not to their individual interests and (unless specified otherwise in relation to such Series in the relevant Loan Note Supplement or Loan Note Conditions) shall have regard only to the interests of the Class ranking most senior in such Series of Loan Notes and shall not be liable to other Loan Note Holders in such Series for doing so.

  • The Loan Note Conditions in respect of each Series of Loan Notes shall be binding on the Loan Note Issuer and each Secured Creditor of each Series of Loan Notes.

  • All payments in respect of, under and in connection with this Deed shall be made to the relevant Secured Creditors in the relevant currency specified in the Loan Note Conditions of the relevant Series of Loan Notes.

  • Certain statements in these Loan Note Conditions may be summaries of the detailed provisions appearing in the Security Trust Deed and Cash Management Agreement and/or the relevant Loan Note Supplement.

  • Until such time as the Security in relation to any Series of Loan Notes becomes enforceable, the monies standing to the credit of any account comprised in the Secured Property in respect of such Series shall be dealt with in accordance with the provisions of this Deed, the relevant Loan Note Supplement and the relevant Loan Note Conditions and the Security Trustee shall not be responsible in such circumstances or at any other time for any loss occasioned thereby by depreciation in value.

  • In particular and without limitation, the Security Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with this Deed and the Loan Note Conditions, unless such Liability is occasioned by the fraud, gross negligence or wilful default of the Security Trustee.

  • The relevant new Loan Note Holder will be required to bear the costs and expenses of effecting any registration of a transfer as provided in Loan Note Conditions 1.2.1 (Transfers) and 1.2.2 (Registration and Delivery of Loan Note Certificate) above.


More Definitions of Loan Note Conditions

Loan Note Conditions means, in respect of any Series, the Conditions as supplemented and/or varied pursuant to the Supplemental Trust Deed for such Series;
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in the relevant Global Loan Note, as may be modified, amended or supplemented in respect of any Loan Note or series of Loan Notes by the relevant Supplement to the Global Loan Note; Loan Note Event of Default means, in relation to any Loan Note, an event of default specified in the relevant Loan Note Conditions or in the relevant Supplement to the Global Loan Note; Loan Note Holder shall mean, from time to time, in respect of a Loan Note for a Trust Series, the beneficial owner of the Loan Note for such Trust Series; Loan Note Holder's Costs Amount shall have, in respect of each Loan Note Holder, the meaning set out in the relevant Supplement to the Global Loan Note for such Loan Note Holder; Loan Note Interest Payment Date shall have the meaning in respect of each Loan Note set out in the Supplement to the Global Loan Note for such Loan Note; Loan Note Interest Rate shall have the meaning in respect of each Loan Note set out in the Supplement to the Global Loan Note for such Loan Note; Loan Note Issuer No.1 shall mean Delamare Cards Funding 1 Limited; Loan Note Issuer No.1 Account Bank means the Account Bank; Loan Note Issuer No.1 Account Bank Agreement means each agreement between, inter alios, Loan Note Issuer No.1 and the Account Bank and, as applicable, any additional account bank agreement entered into by Loan Note Issuer No.1 and an Account Bank in relation to the establishment of an Additional Loan Note Issuer No.1 Account from time to time (as the same may be amended, supplemented, varied, replaced or novated from time to time); Loan Note Issuer No.1 Accounts shall have the meaning specified in the Security Trust Deed and Cash Management Agreement;
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Loan Note Conditions means, in respect of a particular Series, the terms and conditions of the Loan Note for such Series;
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Loan Note Conditions the Conditions attached to the Loan Notes;
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Loan Note Conditions means the terms and conditions of the Loan Notes set out in schedule 2 (Loan Note Conditions) to the Security Trust Deed and Cash Management Agreement, as the same may be modified, amended or supplemented in respect of any Loan Note or Series of Loan Notes by the relevant Loan Note Supplement.
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Related to Loan Note Conditions

  • Loan Notes means the promissory notes of the Borrower in favor of each Lender evidencing the Loans made to the Borrower and substantially in the form of Exhibit 2.6(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Loan Note means any loan note issued in accordance with the arrangements for any loan note alternative in the Scheme or, as the case may be, the Offer.

  • Term Loan Note means a promissory note in the form of Exhibit B, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Note A means a promissory note of the Borrower payable to the order of a requesting Lender in the principal amount of such Lender’s Term Loan A Commitment, in substantially the form of Exhibit E-1.

  • Term Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the portion of the Term Loan provided pursuant to Section 2.2(d), individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit B-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Extension Conditions Defined in Section 3.06(a).

  • LC Conditions has the meaning given to such term in Section 2.9.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility