Facility B Term Note definition

Facility B Term Note means (a) a promissory note in substantially the form of Exhibit F hereto, executed and delivered by the Borrower payable to the order of the Administrative Agent in the amount of the Aggregate Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note, (b) any “Facility B Term Note” executed and delivered pursuant to the Original Credit Agreement by the Borrower payable to the order of a Lender that is a Facility B Lender hereunder, including any amendment, modification, restatement, remainder or replacement of such promissory note (including without limitation a replacement delivered pursuant to clause (c) below), and (c) in the event that any Facility B Term Lender requests a Facility B Term Note in accordance with this Agreement (including without limitation a replacement of a note described in clause (b) above), a promissory note, satisfactory in form to the Administrative Agent, executed and delivered by the Borrower payable to the order of such Facility B Term Lender in the amount of its Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note.

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Facility B Term Note shall have the meaning set forth in Section 2.2 hereof.

Facility B Term Note means a term note in the form of Exhibit C ---------------------- --------- hereto, dated as of the date hereof, in the amount of the Facility B Loan Commitment and maturing on Facility B Maturity Date, duly executed by the Borrowers and payable to the order of the Lender, together with any and all renewal, extension, modification or replacement notes executed by the Borrowers and delivered to the Lender and given in substitution therefor.

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.

• Borrower's obligation to repay Term Loans under Facility B shall be evidenced by one or more promissory notes executed by Borrower, substantially in the form of Exhibit C hereto (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.

• 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.

• Upon the terms and subject to the conditions hereof, on the Closing Date, the outstanding principal balance of the Facility A Term Note and the Facility B Term Note (as such terms, the Facility A Term Note and Facility B Term Note are defined in the Prior Letter Agreement) shall be consolidated into one term loan (the "Term Loan").

• The Term Note is issued in substitution and replacement, but not in payment, of the Facility A Term Note and the Facility B Term Note.

More Definitions of Facility B Term Note

Facility B Term Note as defined in Section 2.2(c) hereof.

Facility B Term Note means (a) a promissory note in substantially the form of Exhibit F hereto, executed and delivered by the Company payable to the order of the Administrative Agent in the amount of the Aggregate Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note, and (b) in the event that any Facility B Term Lender requests a Facility B Term Note in accordance with this Agreement, a promissory note, satisfactory in form to the Administrative Agent, executed and delivered by the Company payable to the order of such Facility B Term Lender in the amount of its Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note.

Facility B Term Note means a promissory note in substantially the form of Exhibit AA-2" hereto, completed, executed and delivered by the Borrower and payable to the order of a Lender in the amount of its Facility B Term Loan, including any amendment, modification, restatement, renewal or replacement of such promissory note.

Facility B Term Note means a promissory note, in substantially the form of Exhibit A-3 hereto, duly executed by the Borrower and payable to the order of each Lender having a Facility B Term Commitment in the amount of such Lender's Facility B Term Commitment.

Facility B Term Note or "Facility B Term Notes" shall have the meanings given to such terms in Section 2.1(c) hereof.