Tranche B Note definition

Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

Tranche B Note shall have the meaning given to it in Section 2.2 of the Credit Agreement.

Tranche B Note means a promissory note in substantially the form attached hereto as Exhibit B-2, as it may be amended, restated, supplemented or otherwise modified from time to time.

Examples of Tranche B Note in a sentence

• Interest on the Amended Tranche B Note is due on March 30 and October 30 of each year.

• Clause 5 of the loan agreements provided that the Lender could require immediate repayment of the whole of the principal sum outstanding if the Borrower defaulted "in the due and punctual payment" of any sum payable under the loan agreements.

• Maturity date: Unless previously converted, the outstanding principal amount of the Convertible Notes (together with all unpaid and accrued interest) will be repaid by DFG upon its maturity on the seventh (in the case of the Tranche A Note) or tenth (in the case of the Tranche B Note) anniversary of the date of issue of the Convertible Notes.

• One example of this comes from a trial evaluating the installation of flooring in hospital wards to reduce the incidence of injurious falls.

• The Issuer will not be required to apply for quotation of any Tranche B Note that has not been designated as a Tranche A Note under clause12.1(b) after the date upon which an extraordinary general meeting of the Issuer is held to approve or ratify the issue of the Tranche B Notes for the purposes of ASX Listing Rule 7.4.

More Definitions of Tranche B Note

Tranche B Note means a promissory note evidencing Tranche B Loans, substantially in the form of Exhibit B hereto.

Tranche B Note has the meaning specified in Section 2.3(d).

Tranche B Note shall have the meaning assigned in Section 2.2(b).

Tranche B Note means any one of such promissory notes issued hereunder.

Tranche B Note or “Tranche B Notes” means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

Tranche B Note has the meaning specified in Section 2.17(a).

Tranche B Note means any Tranche B Note executed and delivered pursuant to Section 2.1B hereof.