Line Note definition

Line Note has the meaning given to such term in Section 1.1 herein.
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Line Note means any of the promissory notes made by Borrower to a Lender holding a Line Commitment evidencing Line Advances under that Lender’s Percentage of the Aggregate Line Commitment, substantially in the form of Exhibit D, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed or extended.
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Line Note means a promissory note, on the Bank’s standard form, in the principal amount of the Line, made by the Borrower, and evidencing the obligation of the Borrower to repay the Advances, together with accrued interest, and any amendments to or replacements of such promissory note.
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Examples of Line Note in a sentence

  • The Swing Line Lender may also attach schedules to this Swing Line Note and endorse thereon the date, amount and maturity of its Swing Line Loans and payments with respect thereto.

  • The Swing Line Note shall represent the obligation of Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.5. The entire unpaid balance of the Swing Line Loan and all other noncontingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

  • The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Swing Line Note.

  • Upon the occurrence and continuation of one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining unpaid on this Swing Line Note shall become, or may be declared to be, immediately due and payable all as provided in the Credit Agreement.

  • Nothing herein is intended to release the Borrower’s obligations under the Swing Line Note, but only to provide an additional method of payment therefor.


More Definitions of Line Note

Line Note shall have the meaning given such term in Section 2.1 hereof.
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Line Note means the Second A/R Note; (e) the “Loan Agreement” shall mean the Loan Agreement as amended hereby; (f) the “Loan Documents” shall include this Amendment, Term Loan C Note, the Second A/R Note, the Seller Subordination Agreement and all other instruments or agreements executed pursuant to or in connection with the terms hereof; (g) “Loans” shall include, without limitation, Term Loan C; and (h) “Note” shall include, without limitation, the Term Loan C Note and the Second A/R Note.
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Line Note as defined in the Loan Agreement and, as such, shall be construed in accordance with all terms and conditions thereof. Capitalized terms not defined herein shall have such meaning as provided in the Loan Agreement. This Note is entitled to all the rights and remedies provided in the Loan Agreement and the Loan Documents and is secured by all collateral as described therein.
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Line Note means the promissory note of the Borrowers, dated the Closing Date, in the original principal amount outstanding, not to exceed $10,376,500, evidencing the Indebtedness resulting from the making of the Line Loans and delivered to the Lender pursuant to Article III of this Agreement, as such promissory note may be modified or amended from time to time, and any promissory note or notes issued in exchange or replacement therefor.
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Line Note as described and defined in Section 1.23 of the Original Loan Agreement and which is described and defined as the "Note in Recital II of the Original Security Agreement, as amended by the First Amendment and the Second Amendment, shall now refer to the promissory note of the Borrowing Entities of even date herewith attached hereto as Exhibit C, which evidences the Modified New Loan.
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Line Note means the Master Revolving Note dated of even date herewith made by Company in favor of Bank in the face amount of $50,000,000, as it may be amended, renewed, extended, substituted or replaced from time to time, whether in greater or lesser amount.
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Line Note shall have the meaning set forth in Section 3.1(a).
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