Term E Note definition
Examples of Term E Note in a sentence
Pursuant to the Third Amendment, among other things, the Company is issuing and selling to the Secured Party, and the Secured Party is purchasing from the Company, the Term E Note.
At the request of any Lender, Borrowers shall deliver a Term B Note, Term C Note, Term D Note, Term E Note, Term F Note or Term G Note in the principal amount equal to such Lender’s Term B Loans, Term C Loans, Term D Loans, Term E Loans, Term F Loans or Term G Loans, as applicable, to such Lender.
Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the Term A Note, Term B Note, Term C Note, Term D Note or Term E Note on the due date of such installment.
Term Loan E shall be repayable in accordance with the terms of the Term E Note and shall be secured by all of the Collateral.
The Purchaser shall have delivered to the Company the Term E Note Purchase Price, less the fees, costs and expenses to be reimbursed by the Company under Section 4(a)(vii).
Each of the undersigned Subsidiary Guarantors further acknowledges and agrees that the Term E Note, as amended by the foregoing Amendment, and the other Notes each constitutes a Guarantied Obligation and reaffirms its obligations under the Subsidiary Guaranty and the other Related Agreements to which it is a party, all of which remains in full force and effect.
The amendment set forth in Section 1 above shall amend the Term E Note on and as of the date hereof, and the Term E Note shall remain in full force and effect, as amended thereby, from and after the date hereof in accordance with its terms.
The consummation of the transactions contemplated by this Amendment (including the purchase by the Purchaser of the Term E Note) shall not be prohibited by or violate any Applicable Laws and shall not subject any party to any Tax, penalty or liability, under or pursuant to any Applicable Laws.
Borrower's obligation to repay Term Loan E is evidenced by a promissory note in the form of Exhibit G attached hereto ("Term E Note"), all terms of which are incorporated herein by this reference.
Borrower shall fail to pay any of the Obligations that are not evidenced by the Term A Note, Term B Note, Term C Note, Term D Note or Term E Note on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).