Term C Note definition

Term C Note means a promissory note of the Borrower payable to any Term C Lender or its registered assigns, in substantially the form of Exhibit C-3 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term C Lender resulting from the Term C Loans made by such Term C Lender.
Term C Note has the meaning set forth in Section 2.09.
Term C Note means, on any date, a promissory note of the Borrower payable to any Term C Lender, in the form of EXHIBIT A-3 to the Credit Agreement (as such promissory note may thereafter from time to time be amended, supplemented, amended and restated, endorsed or otherwise modified), evidencing the aggregate Indebtedness of the Borrower to such Term C Lender resulting from outstanding Term C Loans, and also means all other promissory notes accepted from time to time in substitution or replacement therefor or renewal thereof.

Examples of Term C Note in a sentence

  • Without limiting the generality of the foregoing, the Company shall have made such arrangements as may be requested by the Purchaser (a) to ensure that the proceeds from the issuance and sale of the Bridge Note and the Term C Note will be applied in the manner set forth in SECTION 2.4 and (b) for the direct payment to the Purchaser's third party service providers of the costs and expenses incurred by the Purchaser, as provided in SECTION 11.8.

  • The Bridge Note will be senior in right of payment and rights upon liquidation to all other existing and future indebtedness of the Company and would rank PARI PASSU with the Term B Note and the Term C Note.

  • As of September 30, 2003, the outstanding principal balances of the Term B Note and the Term C Note were $19.8 million and $5.3 million, respectively.

  • The Company shall have paid to the Purchaser at or before the Closing, by wire transfer in immediately available funds to a bank account designated by the Purchaser, aggregate fees of $2,400,000, consisting of $1,400,000, which represents the unpaid portion of the non-refundable, non-accountable closing fee of $1,750,000, and a non-refundable investment banking fee of $1,000,000 (which aggregate fees may be withheld by the Purchaser from the proceeds of the Bridge Note and/or the Term C Note).

  • The proceeds from the sale of the Term C Note will be used solely to assist the Company to finance the MFN Merger and to repay the MFN Senior Subordinated Notes.


More Definitions of Term C Note

Term C Note is defined in Section 1.10 hereof.
Term C Note and “Term C Notes” have the meanings assigned to those terms in Section 2.2(a).
Term C Note shall have the meaning assigned to it in Section 1.1(d).
Term C Note means a promissory note of the Borrower, payable to the order of any Lender (as such promissory note may be amended, endorsed or otherwise modified from time to time), in form and substance reasonably satisfactory to the Administrative Agent, evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from outstanding Term C Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.
Term C Note means a promissory note of the U.S. Borrower payable to any U.S. Lender, in the form of EXHIBIT A-4 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the U.S. Borrower to such U.S. Lender resulting from outstanding Term C Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.
Term C Note has the meaning set forth in Section 2.3(c)(i).
Term C Note means a promissory note of the Borrower payable to the order of any Term C Lender, in substantially the form of Exhibit A-3 hereto, evidencing the indebtedness of the Borrower to such Term C Lender resulting from the Term C Advances made by such Term C Lender.