Examples of Term Notes B in a sentence
This Term Note is in partial substitution for and replacement of certain Term Notes A and Term Notes B in the original aggregate principal amount of $ , made by Borrower to certain lenders under the Original Credit Agreement (as such Term Notes A and Term Notes B shall have been amended and substituted prior to the date hereof, collectively, the “Original Notes”), and is made in substitution of such Original Notes and not in satisfaction of any portion of such Original Notes.
The Borrowers shall execute and deliver to ---------- each Lender (a) a note to evidence the Term A Loan of that Lender (each a "Term Note A" and, collectively, the "Term Notes A") and (b) a ----------- ------------ note to evidence the Term B Loan of that Lender (each a "Term Note B" ----------- and collectively, the "Term Notes B") (the Term Notes A and Term Notes ------------ B collectively herein, the "Term Notes").
The US Term Loan B shall be evidenced by promissory notes substantially in the form of Exhibit 1.1(a)(i)(B) (each a "US Term Note B" and, collectively, the "US Term Notes B" and, together with the US Term Notes A, the "US Term Notes" and, each a "US Term Note"), and, except as provided in Section 1.7, TPUSA and TPI shall execute and deliver a US Term Note B to each US Term B Lender.
If such damaged or lost Collateral is not replaced or repaired within such 180 day (or such longer period as reasonably consented to by Agent) period, all such proceeds shall be applied to installments of principal due under the Term Notes A or the Term Notes B in the manner specified in the second sentence of this Section 3.3.1 until payment thereof in full.
Each designation of an Interest Option with respect to the Term Notes B shall apply to all of the Term Notes B ratably in accordance with their respective outstanding principal balances.
J.J. Zielinski, owner of Lighthouse Design, located in the Franklin Hotel, asked if this was the appropriate meeting to address a possible replacement sign for his business.
So long as the outstanding principal amount of the Term Notes A on the date of any proposed prepayment exceeds the pro rata portion of the proposed prepayment to be applied to the Term Notes A, any Lender holding Term Notes B may elect to be excluded from the pro rata sharing of any optional prepayment made by Borrower under this SECTION 3.2, and any such prepayment shall not reduce the outstanding principal balances of the Term Notes B, but shall be applied pro rata to the Term Notes A.
Borrower may, at its option from time to time, prepay installments of Term Notes A or Term Notes B in the inverse order of maturity, provided that the aggregate amount of all such prepayments made within any fiscal year shall not exceed Five Million Dollars ($5,000,000) without the prior written consent of Agent and Required Lenders.
Each Term Loans B shall be evidenced by promissory notes to be executed and delivered by Borrower to Lenders on the Closing Date, the form of which is attached hereto and made a part hereof as Exhibit A-2 (the "Term Note(s) B"), shall bear interest as specified in Section 2.1 and shall be repayable in accordance with the terms of the Term Notes B.
This Term Note is one of the Term Notes B referred to in the Agreement and is issued pursuant to and entitled to the benefits and security of the Agreement to which reference is hereby made for a more complete statement of the terms and conditions upon which the Term Loans evidenced hereby were or are made and are to be repaid.