Note B definition

Note B shall have the meaning assigned to such term in the recitals.

Note B means, collectively, Note B-1 and Note B-2.

Note B means, individually or collectively, Note B-1, Note B-2 and Note B-3, as the context may require.

Examples of Note B in a sentence

• This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns; provided, that no successors or assigns of any Initial Note A Holder or Initial Note B Holder shall have any liability for a breach of representation or warranty set forth in this Agreement.

• The Note B Holder represents and warrants that it is duly organized, validly existing, in good standing and possesses of all licenses and authorizations necessary to carry on its business.

• Within ten (10) Business Days following such Final Recovery Determination and application, the Lead Securitization Note Holder (or the Servicer on its behalf) shall pay any remaining portion of such proceeds of the Reserve Collateral to the Note B Holder.

• The applicable Note B Holder shall grant to and create in favor of each Note A Holder a first priority perfected pledge and security interest in the Reserve Collateral in a manner reasonably satisfactory to Lead Securitization Note Holder.

• The applicable Note B Holder may make such election upon written notice to the Lead Securitization Note Holder of its intention to post Reserve Collateral, and upon notifying Lead Securitization Note Holder of such intention, such Note B Holder shall post such Reserve Collateral as quickly as practicable (but in no event more than three (3) Business Days following the receipt of the above notice) by delivering such Reserve Collateral to Lead Securitization Note Holder.

More Definitions of Note B

Note B means each of Note B-1, Note B-2, Note B-3 and Note B-4.

Note B means that certain Promissory Note (Note B), dated January 24, 2022, as the same may be amended, modified, supplemented extended, restated or replaced, and shall include any replacement promissory notes issued in respect thereof.

Note B. As defined in the Introductory Statement.

Note B means the Note bearing the designation “B”.

Note B means those certain notes or note denominated “Note B” dated concurrently with the Loan Agreement, executed by Borrower to the order of the Lender named therein, in the aggregate original principal amount of $158,618,233.62, as the same may be Modified from time to time. Each Note B shall constitute a “Note” for all purposes under this Agreement and the other Loan Documents.

Note B means, collectively, the B Notes.

Note B has the meaning set out in section 2.2;