Term B Notes Sample Clauses

Term B Notes. Each Term B Lender's Term B Loan and the obligation ------------ of the Borrowers to repay such Term B Loan shall be evidenced by a separate Term B Note executed by the Borrowers payable to the order of such Lender. Each Term B Loan Note shall be dated the date hereof and shall bear interest on the unpaid principal amount thereof at the applicable interest rate per annum specified in Section 5.1.
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Term B Notes. The joint and several liability of each Borrower for and on account of the Term B Loans shall be evidenced by a promissory note (in the pertinent form of Exhibit B hereto), which note shall be payable to the order of Tennessee Farmers in the principal amount of the Term B Loan Amount as at the date hereof (as the same may be amended, modified, supplemented, sold or assigned from time to time, a "Term B Note" and collectively, the "Term B Notes," which terms shall include any other promissory notes accepted in renewal of or substitution for such promissory notes).
Term B Notes. A Renewal Term B Note duly executed by Mexico Subsidiary in favor of each Bank in the respective amount of such Bank’s Term B Commitment.
Term B Notes. Each Term B Lender's Term B Loan shall be evidenced by and repayable in accordance with a Term B Note which shall: (i) be executed and delivered by the Borrower, payable to the order of such Term B Lender and (ii) be in a principal amount equal to the amount of such Term B Lender's Term B Loan and be payable to the order of such Lender in an amount equal to the unpaid principal amount of such Lender's Term B Loan evidenced thereby, (iii) mature on the Term B Loan Maturity Date applicable to the Term B Loan, (iv) bear interest as provided in this Agreement, (v) be subject to mandatory prepayment as provided in Section 2.9(d) hereof, and (vi) be entitled to the benefits of this Agreement and the other Loan Documents. Each Term B Lender shall endorse an appropriate entry in respect of disbursements and repayments of the Term B Loans of such Lender comprising such Borrowing on such Lender's Term B Note with respect to such Term B Loan or make an appropriate entry in the Loan Account maintained in such Lender's books and records, or both, to evidence such Lender's Term B Loans to the Borrower. The Loan Account shall also evidence: (i) accrued interest on the Term B Loans of such Lender to the Borrower, (ii) all other amounts due to the Lender in respect of such Term B Loans, and (iii) all payments made by the Borrower in respect of such Term B Loans including all interest payments and all PIK Interest added to the principal amount of the Term B Loan Obligations. Each entry on a Lender's Term B Note, books and records or Loan Account shall be prima facie evidence of the data entered. Such entries by a Term B Lender shall not be a condition to the Borrower's obligation to repay the Obligations.
Term B Notes. The Term B Loan of each Bank shall be evidenced by a Term B Note, and shall bear interest and be payable to the order of each Bank upon the terms and conditions contained therein. The aggregate amount funded by a Bank under its Term A Note shall be the principal amount owing and unpaid on its Term B Note and its Term B Loan. The principal amount funded by a Bank and all principal payments and prepayments thereof may be noted by such Bank on a schedule attached to its Term B Note and shall be entered by the Bank on its ledgers and computer records; provided that the failure of the Bank to make such notations or entries shall not affect the principal amount owing and unpaid on its Term B Note. The entries made in the ordinary course of business by a Bank on its ledgers and computer records and any notations made in the ordinary course of business by a Bank on any such schedule annexed to its Term B Note shall be presumed to be accurate until the contrary is established. If requested, Borrower shall confirm in writing to the Administrative Agent each Term B Loan Advance.
Term B Notes. Duly executed originals of the Revolving Notes, Swing Line Note and Term B Notes for each applicable Lender, dated the Closing Date.
Term B Notes. The Term B Loans of each Lender shall, if requested by such Lender, be evidenced by a promissory note (each, a “Term B Note” and, collectively, the “Term B Notes”) duly executed and delivered by Borrower, substantially in the form of Exhibit 2.2, with appropriate insertions as to payee, date and principal amount, payable to the order of such Lender. Each Lender is hereby authorized to record the initial type and amount of each portion of such Term B Loan, each continuation thereof, each conversion of all or a portion thereof to another Type, the date and amount of each payment or prepayment of principal thereof and, in the case of Eurodollar Loans, the length of each Interest Period with respect thereto, on the schedule annexed to and constituting a part of its Term B Note (or otherwise on the records of such Lender), and any such recordation shall (in the absence of manifest error) constitute prima facie evidence of the accuracy of the information so recorded; provided, however, that the failure of a Lender to make any such recordation (or any error in such recordation) on its records or on its Term B Note shall not affect the obligations of Borrower thereunder or under this Agreement. Each Term B Note shall (x) be dated the Closing Date, (y) be stated to mature on the Maturity Date and (z) provide for the payment of interest in accordance with Section 3.1 and the payment of principal as provided herein.
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Term B Notes. Term Loans B shall be evidenced by separate promissory notes of the Borrower in substantially the form of Exhibit A-3 hereto (each a "Term B Note"), with appropriate insertions. One Term B Note shall be payable to the order of each Term Loan B Lender in a principal amount equal to such Lender's Term Loans B as of the Restatement Effective Date and representing the obligation of the Borrower to pay to such Lender the outstanding amount of such Lender's Term Loans B, plus interest accrued thereon, as set forth below.
Term B Notes. The Term B Note issued by the Company to a Lender with a Term B Commitment shall: (i) be executed by the Company; (ii) be payable to the order of such Lender and be dated on or prior to the Closing Date; (iii) be payable in the principal amount of Term B Loans evidenced thereby; (iv) be payable in installments as provided in section 5.2(a) and mature on the Term B Maturity Date; (v) bear interest as provided in section 2.7 in respect of the Prime Rate Loans or Eurocurrency Loans, as the case may be, evidenced thereby; (vi) be subject to mandatory prepayment as provided in section 5.2; and (vii) be entitled to the benefits of this Agreement and the other Credit Documents.
Term B Notes. The Administrative Agent shall have received an original Term B Note for each Lender, substantially in the form of SCHEDULE 1 OR 2, as the case may be, attached hereto, signed and delivered by a duly authorized officer of Alba. Upon the Administrative Agent's receipt of all such duly executed and delivered Notes, the Administrative Agent shall return the existing Term B Notes to Alba.
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