Original Term Notes definition
Examples of Original Term Notes in a sentence
Borrower, as borrower, shall execute and deliver to ---------- each Lender on the Conversion Date which requests a Term Note, a Term Note dated the Conversion Date substantially in the form of Exhibit B to evidence the Term --------- Loan made on such date, in the principal amount of the Initial Notes held by such Lender on such date and with other appropriate insertions (collectively, the "Original Term Notes").
The purchase of the Original Term Notes on the Closing Date shall be known as the “Offering.” A form of the Term Notes are annexed hereto as Exhibit A.
The Company, as borrower, shall execute and deliver to each Lender on the Conversion Date a Term Note dated the Conversion Date substantially in the form of Exhibit II to evidence the Term Loan made on such date, in the principal amount of the Bridge Notes held by such Lender on such date and with other appropriate insertions (collectively the "Original Term Notes").
Subject to the terms and provisions hereof, Lender shall continue to lend to Borrower and Borrower shall continue to borrow an aggregate amount of $11,510,757.32 on the date hereof (“Term Loan”), all of which has previously been funded by Lender to Borrower under the Original Term Notes and remains outstanding (the “Existing Indebtedness”).
The Borrower, as borrower, shall execute and deliver ---------- to each Lender on the Conversion Date a Term Note dated the Conversion Date substantially in the form of EXHIBIT II to evidence the Term Loan made on such ---------- date, in the principal amount of the Bridge Notes held by such Lender on such date and with other appropriate insertions (collectively the "Original Term Notes") and each Lender shall return the Bridge Notes then held by such Lender.
On the date hereof the Borrower shall execute and deliver to the Lender the Term Note, which replaces, amends and restates the Original Term Notes.
Company, as borrower, shall execute and deliver to each Lender on the Conversion Date a Term Note dated the Conversion Date substantially in the form of Exhibit IV annexed hereto to evidence the Term Loan made on such date, in the principal amount of the Bridge Notes held by such Lender on such date and with other appropriate insertions (collectively, the "Original Term Notes").
The Company shall execute and deliver to each Lender on the Conversion Date a Term Note dated the Conversion Date substantially in the form of Exhibit A-2 annexed hereto to evidence the Term Loan made on such date, in the principal amount of the Initial Notes held by such Lender on such date and with other appropriate insertions (collectively the "Original Term Notes").
On or after the Initial Maturity Date, on each Interest Payment Date, to the extent requested by any Lender, the Borrower shall execute and deliver to such Lender on such Interest Payment Date a Term Note dated such Interest Payment Date substantially in the form of Exhibit F-2 hereto in a principal amount equal to such Lender's pro rata portion of such PIK Interest Amount and with other appropriate insertions (each a "Subsequent Term Note" and, together with the Original Term Notes, the "Term Notes").
Unless converted to an Exchange Note and to the extent requested by any Lender, the Borrower shall execute and deliver to such Lender a Term Note dated the Initial Maturity Date substantially in the form of Exhibit A-2 hereto to evidence the Term Loan made on such date, in the principal amount of the Initial Loans held by such Lender on such date and with other appropriate insertions (collectively, the "Original Term Notes").