Term Note B has the meaning set forth in Section 2.4.
Term Note B means that certain Secured Convertible Term Note B dated as of the Closing Date made by Companies in favor of Laurus Master Fund, L.P. in the original principal amount of $2,000,000 as the same may be amended, supplemented, restated and/or otherwise modified from time to time.
Examples of Term Note B in a sentence
The Term Loan B shall mature and be payable in accordance with the provisions of the Term Note B.
This Note is the Term Note B referred to in, and is entitled to the benefits of, the Credit Agreement.
More Definitions of Term Note B
Term Note B means the promissory note substantially in the form annexed hereto as Exhibit B-2, to be given by Borrower to Lender to evidence Term Loan B.
Term Note B. As defined in Section 2.3.
Term Note B. The term as defined in Section 2.2(a) hereof.
Term Note B means the promissory note in the form of Exhibit C attached hereto and made a part hereof made by Borrower payable to the order of Lender to evidence Term Loan B and each renewal, replacement or substitute note therefor.
Term Note B means the promissory note of a Borrower evidencing the loan to such Borrower under Term Loan B as described in Subsection 2.01(b)(ii) hereof and being in the form of note attached as Exhibit "B-2" hereto, and all renewals, extensions, modifications and rearrangements thereof.
Term Note B means a promissory note of the Borrower dated the date hereof and substantially in the form of Exhibit E-3, and shall also refer to all other promissory notes accepted from time to time in substitution therefor or renewal thereof.
Term Note B. Interest shall be payable to Lender on Term Note B quarterly, beginning June 30, 2014. Annual payments of principal shall be payable to Lender on the Note beginning March 6, 2015, such principal payments to be in the amount of $1,000,000.00 (based upon a thirty-year amortization period). All unpaid principal and accrued interest on Term Note B shall be due and payable in full on March 6, 2016 (the “Term Note B Maturity Date”, and together with the Term Note A Maturity Date, collectively, the “Maturity Date”).