Examples of Line B Note in a sentence
The Advances made by each Lender under the Line B Commitment shall be evidenced by that Lender's Line B Note.
The Administrative Agent shall have received a new Revolving Credit A Note for each A Lender, a new Revolving Credit B Note for each B Lender, and a new Swing Line A Note and Swing Line B Note for the Swing Line Lender in replacement of the Revolving Credit Notes and Swing Line Notes issued under the $110 Million Credit Agreement and the $100 Million Credit Agreement.
The Bank shall use its best efforts to keep a record of Advances made by it and payments of principal with respect to this Line B Note, and such record shall be presumptive evidence of the principal amount owing under this Line B Note.
Upon any partial prepayment or payment in full or redesignation or conversion of any Eurodollar Loan, upon any payment or redesignation in full of all outstanding Prime Rate Loans, and upon conversion of the Line B Note pursuant to Section 2.2, interest accrued through the date of such prepayment, payment, redesignation or conversion shall be payable on such date.
This Line B Note shall be delivered to and accepted by the Bank in the State of California, and shall be governed by, and construed and enforced in accordance with, the local Laws thereof.
Enclosed with this Request are two counterpart originals of the Commitments Assignment and Acceptance as well as the original Notes of Borrower in favor of the Assignor in the principal amount of $______________ under the Line A Note and $____________ under the Line B Note.
As of the date hereof, the outstanding principal balance of Advances made by the Assignor under the Assignor's Notes is $____________ under the Line A Note, and $______________ under the Line B Note.
Subsequent to the Amendment Effective Date, each Lender shall return its Line A Note and Line B Note under the Existing Loan Agreement to the Administrative Agent for cancellation and return to Borrowers.
The principal indebtedness evidenced by this Line B Note shall be payable as provided in the Loan Agreement and in any event on the Maturity Date.
For purposes of clauses (a) and (b), above, "all of the Banks" shall mean all of the Banks holding a Line A Note or Line B Note, as applicable, as to those events that impact solely Banks holding one set of Notes or the other.