Common Contracts
2 similar Term Loan B Note contracts by Blonder Tongue Laboratories Inc, Ceres Group Inc
Exhibit 10.46 TERM LOAN B NOTE $9,000,000 Dated: December 23, 2003 FOR VALUE RECEIVED, the undersigned, CERES GROUP, INC., a Delaware corporation (the "Borrower"), hereby promises to pay to the order of The CIT Group/Equipment Financing, Inc. (the...Term Loan B Note • January 8th, 2004 • Ceres Group Inc • Life insurance
FOR VALUE RECEIVED, the undersigned, CERES GROUP, INC., a Delaware corporation (the "Borrower"), hereby promises to pay to the order of The CIT Group/Equipment Financing, Inc. (the "Lender"), in immediately available funds the principal sum of NINE MILLION DOLLARS ($9,000,000), payable as provided in the Credit Agreement (as defined herein). Capitalized terms used herein shall have the meanings ascribed to such terms in that certain Credit and Security Agreement, dated as of December 23, 2003 (as the same may from time to time be amended, supplemented, restated or otherwise modified, the "Credit Agreement"), among the Borrower, certain Subsidiary Guarantors which are parties thereto, the Lender, the other Lenders listed on the signature pages thereto, and National City Bank, as Agent (the "Agent").
3,500,000 March 20, 2002 FOR VALUE RECEIVED and intending to be legally bound, the undersigned, BLONDER TONGUE LABORATORIES, Inc., a Delaware corporation (the "Borrower"), promises to pay, in lawful money of the United States of America, to the order...Term Loan B Note • May 15th, 2002 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment
FOR VALUE RECEIVED and intending to be legally bound, the undersigned, BLONDER TONGUE LABORATORIES, Inc., a Delaware corporation (the "Borrower"), promises to pay, in lawful money of the United States of America, to the order of COMMERCE BANK, N.A. ("Lender"), at 1701 Route 70 East, Cherry Hill, New Jersey 08034, the original principal sum of Three Million Five Hundred Thousand Dollars ($3,500,000) under the Term Loan B established pursuant to the provisions of that certain Loan and Security Agreement, of even date herewith, by and between Borrower and Lender (as it may be supplemented, restated, superseded, amended or replaced from time to time, the "Loan Agreement"). All capitalized terms used herein without further definition shall have the respective meanings ascribed thereto in the Loan Agreement.
