Term B Note definition

Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.
Term B Note means a promissory note of the Borrower payable to the order of any Term B Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the Term B Advance made by such Lender, as amended.
Term B Note means a promissory note of the Borrower payable to the order of any Lender, in the form of Exhibit A-3 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from outstanding Term-B Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.

Examples of Term B Note in a sentence

  • Borrower shall execute and deliver to each Lender a Term A Note, dated the Closing Date, in the principal amount of such Xxxxxx’s Pro Rata Share of the Term A Loan Commitment, a Term B Note, dated the Closing Date, in the principal amount of such Lender’s Pro Rata Share of the Term B Loan Commitment, and a Revolving Note, dated the Closing Date, in the principal amount of such Xxxxxx’s Pro Rata Share of the Revolving Loan Commitment.

  • Interest accruing on the Term B Note and the Discretionary Advance Note shall be due and payable in arrears on the first day of each month.

  • Any payment received by the Lender under this Section 2.14 or under Section 2.12 may be applied to the Obligations, in such order and in such amounts as the Lender, in its discretion, may from time to time determine; provided that any prepayment under Section 2.12 which such Borrower designates as a partial prepayment of the Term A Note, the CapEx Note, the Term B Note, or the Discretionary Advance Note shall be applied to principal installments of such note in inverse order of maturity.

  • Any partial prepayments of the Term A Note, CapEx Note, Term B Note, or Discretionary Advance Note (other than in accordance with Section 2.7) shall be applied to principal payments due and owing in inverse order of their maturities.

  • The Term B Advance shall be allocated among the Borrowers in the manner set forth in Schedule 2.6. Each Borrower's obligation to pay the Term B Advance shall be evidenced by the Term B Note and shall be secured by the Collateral as provided in Article III.


More Definitions of Term B Note

Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.
Term B Note has the meaning set forth in Section 2.09.
Term B Note is defined in Section 2.12(c).
Term B Note has the meaning assigned to it in Section 1.1(b)(i).
Term B Note means a promissory note of the Borrower payable to the order of any Term B Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Term B Lender resulting from the Term B Advances made by such Term B Lender.
Term B Note is defined in Section 1.10 hereof.
Term B Note means a promissory note of the Borrower, payable to the order of any Lender, in the form of Exhibit A-6 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from outstanding Term B Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.