Examples of B-1 Term Note in a sentence
On and after the B-1 Conversion Date, each Lender which has had an increase in outstanding B-1 Term Loans as a result of the B-1 Conversion shall be entitled to receive a new B-1 Term Note evidencing all its then outstanding B-1 Term Loans; provided that if a B-1 Term Note or B-2 Term Note has previously been issued to such Lender, such Lender shall surrender such Note or Notes to the Borrower or provide it with a customary lost note indemnity.
This Tranche B-1 Term Note is also entitled to the benefits of the Guaranty and is secured by the Collateral.
The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Tranche B-1 Term Note.
Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Tranche B-1 Term Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement.
The Lender may also attach schedules to this Tranche B-1 Term Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.
This Tranche B-1 Term Note is one of the Tranche B-1 Term Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.
Any Lender that is a fund that invests in bank loans may at any time pledge all or any portion of its interests and rights with respect to the A Term Note, the B-1 Term Note, or the B-2 Term Note to any trustee for, or any other representative of, holders of obligations owed or securities issued by such fund as security for such obligations or securities, provided that any foreclosure or similar action by such trustee or other representative shall be subject to the other provisions of this Section 9.
Xxxxxxxx Martitsch Title: Associate General Counsel Table of Addenda, Exhibits and Schedules Addendum 1: SBA Provisions Exhibit A: Advance Request Attachment to Advance Request Exhibit B-1: Term Note for Hercules Technology II, L.P. Exhibit B-2: Term Note for Hercules Technology Growth Capital, Inc.
The Administrative Agent shall have received for the account of each GF Incremental Term Lender requesting the same pursuant to subsection 4.16(e), a Tranche B-1 Term Note, conforming to the requirements of this Agreement and executed by a duly authorized officer of Borrower.
Signature: /s/ Ben Bang Print Name: Ben Bang Title: Senior Counsel Table of Addenda, Exhibits and Schedules Addendum 1: SBA Provisions Exhibit A: Advance Request Attachment to Advance Request Exhibit B-1: Term Note for Hercules Technology II, L.P. Exhibit B-2: Term Note for Hercules Technology Growth Capital, Inc.