B Loan Notes definition

B Loan Notes means the loan notes constituted by the B Loan Note Instrument to be issued by the Buyer in favour of the Principal Shareholders;
B Loan Notes means the B Loan Notes constituted by the B Loan Note Instrument to be issued as the B Loan Note Consideration
B Loan Notes the £1 B loan notes constituted by each relevant B

Examples of B Loan Notes in a sentence

  • One each of the Tranche A Loan Notes and Tranche B Loan Notes shall be payable to the order of each Lender in accordance with the respective Term Commitment Ratio of such Lender.

  • This Note is one of the Term B Loan Notes referred to in, and is entitled to the benefits of, the Credit Agreement, dated as of October [__], 2010 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the Lenders and Issuers party thereto, the other parties party thereto, and the Agent.

  • Espotting shall use reasonable best efforts to cause the holders of the Loan Notes to convert the Loan Notes into shares of Espotting Common Stock in accordance with that certain (i) Option Agreement, dated December 6, 2002, as amended by a Deed of Variation, dated August 19, 2002, in each case by and among Espotting, Espotting UK and such holders, and (ii) the B Loan Notes Option Agreement, dated August 19, 2002, by and among the parties thereto.

  • The aggregate unpaid amount set forth on each Tranche B Lender’s records shall be prima facie evidence of the principal amount thereof owed and unpaid on such Tranche B Lender’s Tranche B Loan, but the failure to record, or any error in so recording, any such amount on such Tranche B Lender’s records shall not affect the obligations of the Borrowers hereunder or under any Tranche B Loan Notes to make payments of principal of and interest on the Tranche B Loan Notes when due.

  • The Loan Agreement is comprised of two series of loan notes – A Loan Notes and B Loan Notes (together the “Loan Notes”).

  • In the event that the Company draws down the maximum amount under the B Loan Notes at the earliest expected opportunity under the Loan Agreement (assumed to be 13 September 2021) and conversion occurs on the Latest Conversion Date for the full principal amount and all accrued interest, the Concert Party would have a resultant holding of 107,728,578 Ordinary Shares, representing approximately35.18 per cent.

  • Borrower's obligation to pay the portion of the interest so added to the principal, and to pay interest thereon, shall be evidenced by the Term B Loan Notes without necessity for the issuance of any additional promissory note or any addendum or endorsement to the Term B Loan Note.

  • If, in the Loan Notes Trustee’s opinion, a conflict arises between the respective interests held under the Loan Notes and the Class D Loan Note, then the Loan Notes Trustee shall have regard to those interests (including upon the enforcement of any Loan Notes Security) in the following order: Class A Loan Notes, Class B Loan Notes, Class C Loan Notes and the Class D Loan Note.

  • They are convertible at any time, at the option of the holder(s) of a majority of the B Loan Notes then in issue, into new Shares at a price per Share of €0.05.

  • This Note is one of the "Tranche B Loan Notes" referred to in the Fourth Amended and Restated Credit Agreement of even date herewith among the Borrower, First Union National Bank, Wachovia Bank, N.A., and the other banks from time to time party thereto (as the same may be amended and modified from time to time, the "Credit Agreement") and reinstates that certain Tranche B Loan Note dated April 15, 1997 issued by the Borrower payable to the order of the Bank.


More Definitions of B Loan Notes

B Loan Notes the unsecured B loan notes in agreed terms in the aggregate principal amount of five million pounds ((pound)5,000,000) to be issued by the Purchaser in partial satisfaction of the Consideration ; "Balance Sheet Date" 31st December 1999;
B Loan Notes means the B loan notes to be issued by the Company pursuant to the 2011 Reorganization Implementation Deed

Related to B Loan Notes

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolver Notes means the promissory notes of the Borrower, substantially in the form of Exhibit B-1 hereto, evidencing the obligation of the Borrower to repay the Revolver Advances, together with all amendments, consolidations, modifications, renewals, substitutions and supplements thereto or replacements thereof and “Revolver Note” means any one of such Revolver Notes.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.