Primary Note definition

Primary Note the Promissory Note from Borrower to Lender of even date herewith in the stated principal amount of Two Million Nine Hundred Twenty Four Thousand and Seventy Nine Dollars ($2,924,079). A copy of the Primary Note is attached hereto as Exhibit B-2.
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Primary Note means a fully authorized and executed Exchanged Note in the form of Exhibit C-1, attached hereto.
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Primary Note shall have the meaning set forth in the Purchase Agreement.
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Examples of Primary Note in a sentence

  • Declare the Note to be, and such Note shall thereupon become, immediately due and payable, together with the Prepayment Fees (as defined in the Primary Note), if applicable, without presentment, demand, protest, notice of intention to accelerate, notice of acceleration or notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Note to the contrary notwithstanding, and exercise any one or more of its rights and remedies under the Loan Documents.

  • For the avoidance of doubt, EBOF and the Investor hereby acknowledge that immediately following the consummation of the foregoing exchange the amount of interest due and outstanding under the Existing Primary Note of the Investor shall be reduced by the Interest Exchange Amount.

  • Cascade Bancorp shall use commercially reasonable and good faith efforts in order to obtain Regulatory Approval [Primary Note] to utilize the Primary Note as the Exchanged Note.

  • In the event the Federal Reserve Bank of San Francisco or the Oregon Division of Finance and Corporate Securities advises that the Regulatory Approval [Primary Note] will not be granted without modification to the Primary Note, the Regulatory Approval [Primary Note] shall be deemed denied unless, with fifteen (15) days of being so advised, the parties hereto consent in writing to such modification (which consent may be withheld in each parties sole discretion).

  • Delivery of the Commitment Letter shall solely bind the Primary Note Purchaser to fund such Note Initial Increase or Note Balance Increase, as applicable.

  • In accordance with the terms hereof, any conditions waived by the Primary Note Purchaser with respect to any Note Initial Increase or Note Balance Increase shall be deemed satisfied for the terms hereof with respect to such Note Initial Increase or Note Balance Increase, as applicable.

  • The Primary Note Purchaser confirms that the requirements of this Section 3.01 have been satisfied as of the Effective Date.

  • The Purchasers, other than the Primary Note Purchaser under a Commitment Letter, have no obligation to fund the Note Initial Increase or any Note Balance Increase.

  • Upon receipt of the Commitment Letter, the Issuer shall notify the Administrative Agent and the Primary Note Purchaser of the Note Initial Increase Date or Note Balance Increase Date, as applicable, by delivering irrevocable written notice by 11 a.m. on the Business Day prior to such the Note Initial Increase Date or Note Balance Increase Date, as applicable.

  • It is the intent of the parties hereto that the provisions of this Supplemental Indenture be consistent and not conflict with, and such provisions shall be construed and interpreted as being consistent and not in conflict with, the Primary Note Indenture, the supplements thereto, and the other agreements executed and delivered in connection therewith, including, but not limited to, all the Collateral Agreements (collectively, the "Transaction Documents").


More Definitions of Primary Note

Primary Note means a promissory note evidencing the Primary Loan in substantially the same form as EXHIBIT D attached hereto.
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Primary Note has the meaning set forth in Section 1.3(a).
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Primary Note means a promissory note of a Borrower payable to the order of any Primary Lender, in substantially the form of the attached Exhibit E evidencing Indebtedness of such Borrower to such Lender resulting from Primary Advances owing to such Primary Lender.
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Related to Primary Note

  • Delivery Note has the meaning set out in clause B2-1-2.

  • Temporary Notes The Notes specified in Section 2.3 of the Indenture.

  • Book-Entry Note means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

  • Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.09.

  • Book-Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.