Additional Note Balance definition

Additional Note Balance. As defined in the Advance Indenture.
View Source
Additional Note Balance. With respect to a Class of VFNs, as defined in the related Note Purchase Agreement.
View Source
Additional Note Balance. With respect to any Funding Date, the amount of additional principal of the Notes advanced by the Tranche B Lenders on such Funding Date in accordance with the Note Purchase Agreement.
View Source

Examples of Additional Note Balance in a sentence

  • To the Knowledge of Transferor, no Person has gained unauthorized access to the IT Assets.

  • If the Agent notifies the Purchasers that it will not fund a requested purchase of Additional Note Balances on behalf of the Purchasers, each Purchaser shall purchase its respective portion of the Additional Note Balance pursuant to Section 2.01(a), by remitting the required funds to the Issuer pursuant to and in accordance with Section 3.01(c) hereto.

  • The Commitment of any Committed Purchaser shall not be enforced as a result of the default by the other Committed Purchaser in that other Committed Purchaser’s obligation to purchase an Additional Note Balance requested hereunder and any amounts paid in connection with the obligation to purchase shall be refunded with no penalty.

  • On the terms and conditions of this Agreement and the Advance Note Purchase Agreement, on each Funding Date during the Revolving Period, the Issuer shall acquire Additional Note Balance from the Advance Trust to the extent the Issuer has or is able to obtain sufficient funds under the Note Purchase Agreement and the Notes for the purchase thereof.

  • On each Funding Date, the Issuer shall purchase the Additional Note Balance issued by the Advance Trust on such Funding Date and the Issuer, only upon the satisfaction of each of the conditions set forth below on or prior to such Funding Date, shall cause the Initial Noteholder to deposit the applicable Additional Note Principal Balance into the Funding Account.

  • Pursuant to and subject to the Note Purchase Agreement, the Trust shall request that the Initial Noteholder advance on each Funding Date Additional Note Principal Balances equal to the Additional Note Balance to be purchased by the Trust on such date and the Initial Noteholder shall remit on such Funding Date to the Funding Account an amount equal to such Additional Note Principal Balance.

  • The Commitment of any Purchaser shall not be increased or decreased as a result of the default by any other Purchaser in that other Purchaser's obligation to purchase an Additional Note Balance requested hereunder, and each Purchaser shall be obligated to purchase Additional Note Balances required to be made by it by the terms of this Agreement regardless of the failure of any other Purchaser to do so.

  • If the Agent notifies the Purchasers that it will not fund a requested purchase of Additional Note Balances on behalf of the Purchasers, each Purchaser shall purchase its respective portion of the Additional Note Balance pursuant to Section 2.01 (a), by remitting the required funds to the Issuer pursuant to and in accordance with Section 3.01(c) hereto.

  • Two Business Days prior to each Funding Date, the Issuer shall provide (or cause to be provided) to the Indenture Trustee and the Agent an estimate of the Receivables Balance of the Additional Receivables to be conveyed by the Seller to the Issuer on such Funding Date and the amount of Additional Note Balance, if any, to be purchased by the Tranche B Lenders on such Funding Date.

  • Each condition to the purchase of Additional Note Balance described in Section 3.01(a) of this Agreement shall have been satisfied.


More Definitions of Additional Note Balance

Additional Note Balance has the meaning assigned to such term in the Note Purchase Agreement.
View Source

Related to Additional Note Balance

  • Initial Note Balance means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance, the Initial Class B Note Balance, the Initial Class C Note Balance, the Initial Class D Note Balance or the Initial Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing.

  • Initial Class C Note Balance means $178,840,000.

  • Initial Class D Note Balance means $126,080,000.

  • Initial Note Principal Balance means, with respect to each Note as of any date of determination, the “Initial Note Principal Balance” for such Note set forth in Part B of the Mortgage Loan Schedule.

  • Additional Notes means additional Notes (other than the Initial Notes) issued under this Indenture in accordance with Section 2.02 hereof, as part of the same series as the Initial Notes.