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.
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.
The Prior Note is being retained by Administrative Agent with a notation placed on the face thereof indicating that the Prior Note has been amended, renewed, extended and restated by the Amended and Restated Term B Loan Notes.
INTEREST 18.9 No interest shall be payable under the A Loan Notes or B Loan Notes in respect of nominal amount of Loan Notes cancelled in full or partial settlement of any Claim.
Borrower, and Lender by acceptance hereof, agree that the original principal amount of the Prior Note shall be reduced pursuant to the terms of the Amended and Restated Term B Loan Notes such that the aggregate principal amount of the Amended and Restated Term B Loan Notes shall be $10,000,000.
At the Time of Closing, but prior to giving effect to the issuance of any Offered Securities, the issued share capital of the Company will consist of 18,475,644 Common Shares.
This Note is one of the "Tranche B Loan Notes" in the aggregate principal amount of $100,000,000 and is issued pursuant to and entitled to the benefits of the Loan Agreement, to which reference is hereby made for a more complete statement of the terms and conditions under which the Loans evidenced hereby were made and are to be repaid.