Examples of Facility B Term Note in a sentence
In the event of any conversion of Facility B Revolver Loans to Facility B Term Loans, the Facility B Term Note payable to and held by the Administrative Agent shall thereafter evidence such Facility B Term Loans, except that any Facility B Term Note payable to and held by any Facility B Term Lender shall thereafter evidence the Facility B Term Loans held by such Facility B Term Lender hereunder.
The Facility B Term Loan shall be evidenced by -------------------- the Facility B Term Note.
The holder of this Facility B Term Note is authorized to record the date and amount of each payment or prepayment of principal thereof on the schedule annexed to and constituting a part hereof, or on a continuation thereof which shall be attached hereto and a part hereof and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded.
Borrower agrees to pay all costs of collection and enforcement of this Facility B Term Note, whether or not suit is filed, including, without limitation, reasonable attorneys' fees, as more particularly provided in Section 11.04 of the Credit Agreement.
Principal amounts repaid on the Facility B Term Note may not be borrowed again.
If any provisions of this Agreement, the Facility A Revolving Credit Note or the Facility B Term Note are in contravention of any such law, such provisions shall be deemed amended to conform thereto.
In the event of such conversion, the Facility B Term Note held by each Lender shall thereafter evidence the Facility B Term Loan made by such Lender hereunder.
On the Closing Date the Borrower shall pay all accrued and outstanding interest on the Facility A Term Note and the Facility B Term Note.
Interest shall be payable at the times and place set forth in the Facility A Revolving Credit Note and the Facility B Term Note.
The Facility B Commitment of First Chicago is hereby increased from $9,032,258.02 to $59,032,258.02, and the Facility B Note and Facility B Term Note issued to First Chicago on the Effective Date under the Agreement shall be exchanged with the Borrower for a new Facility B Note and Facility B Term Note, each payable to First Chicago (collectively, the "First Chicago Notes") and reflecting First Chicago's increased Facility B Commitment.