Term Loan Promissory Note definition

Term Loan Promissory Note. Note" or "Notes" shall include all extensions, renewals and modifications of the Notes and all substitutions therefor. All terms and provisions of the Notes are hereby incorporated herein.
Term Loan Promissory Note means a promissory note, in the form of Exhibit A attached hereto, delivered by ROA to the Agent to evidence each Term Loan pursuant to, and repayable in accordance with, the provisions of Section 4 of this Financing Agreement.
Term Loan Promissory Note means the promissory note more particularly described in Section 3 of this Agreement, and all extensions, modifications, consolidations, replacements and renewals thereof.

Examples of Term Loan Promissory Note in a sentence

  • This Amended and Restated Secured Term Loan Promissory Note amends, restates and replaces in its entirety that certain Secured Term Loan Promissory Note, dated March 29, 2021, between Borrower and Lender in the aggregate principal amount of One Hundred and Fifty Million Dollars and Zero Cents ($150,000,000.00).

  • The Borrower shall execute and deliver to the Lender a Term Loan Promissory Note B dated the date hereof and substantially in the form of Exhibit A hereto (the "Term Loan Note").

  • All borrowings evidenced by this Term Loan Promissory Note and all payments and prepayments of the principal hereof and the date thereof shall be recorded by the holder hereof in its internal records; provided, that the failure of the holder hereof to make such a notation or any error in such notation shall not affect the obligations of the Borrower to make the payments of principal and interest in accordance with the terms of this Term Loan Promissory Note and the Credit Agreement.

  • This Term Loan Promissory Note is issued in connection with, and is entitled to the benefits of, the Credit Agreement which, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events, for prepayment of the principal hereof prior to the maturity hereof and for the amendment or waiver of certain provisions of the Credit Agreement, all upon the terms and conditions therein specified.

  • The Borrower hereby waives presentment, notice of dishonor, protest and any other notice or formality with respect to this Term Loan Promissory Note.


More Definitions of Term Loan Promissory Note

Term Loan Promissory Note means the Term Loan Promissory Note described in Section 2.5 of this Agreement.
Term Loan Promissory Note means the Borrower’s Term Loan Promissory Note dated as of May 1, 2000 with an outstanding principal balance of $800,000 as of June 16, 2008.
Term Loan Promissory Note means the promissory note in the form of Exhibit B hereto executed by the Companies to evidence the Term Loans made by the Agent on behalf of the Lenders under Section 4 hereof.
Term Loan Promissory Note means the promissory note evidencing the Company's Obligations with respect to Term Loan Advances in the form of Exhibit A-4 attached hereto.
Term Loan Promissory Note means the promissory note in the form of Exhibit A hereto executed by the Company to evidence Term Loan made by CIT to Pharmaceutical Formulations, Inc. under Section 4 hereof. Term Loan shall mean the term loan in the principal amount of $2,000,000.00 extended to Pharmaceutical Formulations, Inc. (herein the "Term Loan") by CIT pursuant to, and repayable in accordance with, the provisions of Section 4 of this Financing Agreement. Notwithstanding the statement as to the amount of the Term Loan, the maximum amount of such Term Loan, from time to time, shall not be greater than the remaining undrawn amount during the next 30 day period, capable of being obtained by CIT from the Standard Chartered Bank letter of credit provided to CIT as Collateral by the Parent. Total Assets shall mean total assets determined in accordance with GAAP, on a basis consistent with the latest audited financial statements of each of Pharmaceutical Formulations, Inc. and Konsyl Pharmaceuticals, Inc. Total Liabilities shall mean total liabilities determined in accordance with GAAP, on a basis consistent with the latest audited financial statements of each of Pharmaceutical Formulations, Inc. and Konsyl Pharmaceuticals, Inc. Trade Accounts Receivable shall mean that portion of each of Pharmaceutical Formulations, Inc. and Konsyl Pharmaceuticals, Inc. Accounts which arises from the sale of Inventory or the rendition of services in the ordinary course of the Company's business. Trademarks shall mean all present and hereafter acquired trademarks, trademark registrations, recordings, applications, tradenames, trade styles, service marks, prints and labels (on which any of the foregoing may appear), licenses, reissues, renewals, and any other intellectual property and trademark rights pertaining to any of the foregoing, together with the goodwill associated therewith, and all cash and non-cash proceeds thereof. UCC shall mean the Uniform Commercial Code as the same may be amended and in effect from time to time in the State of New York.
Term Loan Promissory Note. $2,750,000 Palo Alto, California July 24, 1998 FOR VALUE RECEIVED, the undersigned, Consilium, Inc., a Delaware corporation (the "Borrower"), promises to pay to the order of Venture Banking Group, a division of Cupertino National Bank ("Bank"), at such place as the holder hereof may designate, in lawful money of the United States of America, the aggregate unpaid principal amount of the Term Loan made by Bank to Borrower under Section 2.2 of that certain Loan and Security Agreement between Borrower and Bank of even date herewith, as amended from time to time (the "Loan Agreement"), up to a maximum principal amount of Two Million Seven Hundred Fifty Thousand Dollars ($2,750,000). Borrower shall pay installments of principal and interest with respect to the Term Loan in accordance with the terms of the Loan Agreement. The remaining principal amount and all accrued but unpaid interest thereon shall be due and payable on the Term Loan Maturity Date. All capitalized terms used herein but not defined herein shall have the same meaning as given to them in the Loan Agreement. Bank is hereby authorized by Borrower to endorse on Bank's books and records each advance made by Bank under this Note and the amount of each payment or prepayment of principal of each such advance received by Bank; it being understood, however, that failure to make any such endorsement (or any errors in notation) shall not affect the obligations of Borrower with respect to advances made hereunder, and payments of principal by Borrower shall be credited to Borrower notwithstanding the failure to make a notation (or any errors in notation) thereof on such books and records. Borrower promises to pay Bank all costs and expenses of collection of this Note and to pay all reasonable attorneys' fees incurred in such collection or in any suit or action to collect this Note or in any appeal thereof. Borrower waives presentment, demand, protest, notice of protest, notice of dishonor, notice of nonpayment, and any and all other notices and demands in connection with the delivery, acceptance, performance, default or enforcement of this Note, as well as any applicable statute of limitations. No delay by Bank in exercising any power or right hereunder shall operate as a waiver of any power or right. Time is of the essence as to all obligations hereunder. This Note is issued pursuant to the Loan Agreement, which shall govern the rights and obligations of Borrower with respect to all obligations hereunder. BO...
Term Loan Promissory Note means any one of the Term Loan Promissory Notes.