Examples of Series B-2 Note in a sentence
The Indenture Trustee shall not recognize any transfer of this Series B2 Note unless the transferee meets the requirements for an Eligible Transferee in the Series B2 Supplement and agrees to make Loans up to an amount equal to the excess of the Maximum Principal Balance of this Series B2 Note at the time of transfer over the Outstanding Principal Balance of this Series B2 Note at such time.
The principal balance of, and interest on this Series B2 Note and any Increased Costs are payable at the times and in the amounts set forth in the Indenture and the Series B2 Supplement by wire transfer of immediately available funds to the account designated by the Holder of record on the related Record Date.
The Series B-1 Note shall be payable from payments on the corresponding Borrower Note Series B- 1 and the Series B-2 Note shall be payable from payments on the corresponding Borrower Note Series B-2.
Unless the certificate of authentication hereon has been executed by the Indenture Trustee by manual signature of one of its Responsible Officers, this Series B2 Note shall not be entitled to any benefit under the Indenture and the Series B2 Supplement, or be valid or obligatory for any purpose.
After registration of BM Units, Metering Systems and Aggregation Rules the Party then appoints MVRNAs and ECVNAs. The Party is then able to fully participate in contracted Export or Import of energy at Boundary Points and participate in the Balancing Mechanism.
WEST, the Indenture Trustee and any other agent of WEST may treat the person in whose name this Series B2 Note is registered as the absolute owner hereof for all purposes, and neither WEST, the Indenture Trustee, nor any other such agent shall be affected by notice to the contrary.
The maturity of this Series B2 Note is subject to acceleration upon the occurrence and during the continuance of the Events of Default specified in the Indenture.
Any consent given by the Requisite Majority shall be conclusive and binding upon the Holder of this Series B2 Note and on all future holders of this Series B2 Note and of any Series B2 Note issued in lieu hereof whether or not notation of such consent is made upon this Series B2 Note.
Borrower Loan advances and Funding Loan advances shall be allocated first to the Borrower Note Series B-1 and related Series B-1 Note and, once the foregoing notes have been fully funded, then to the Borrower Note Series B-2 and related Series B-2 Note.
Any such consent or waiver shall be conclusive and binding upon all present and future Holders of this Series B2 Note and of any Series B2 Note issued upon the registration of transfer of, in exchange or in lieu of or upon the refinancing of this Series B2 Note, whether or not notation of such consent or waiver is made upon this Series B2 Note.