Tranche 2 Note definition

Tranche 2 Note shall have the meaning provided in Section 1.05(a).

Tranche 2 Note has the meaning provided in Section 2.09(e).

Tranche 2 Note means a promissory note in the form of Exhibit B to the Funding Agreement, duly executed by two Authorized Officers of the Company.

Examples of Tranche 2 Note in a sentence

• Thereafter, the Tranche 2 Loans evidenced by such Tranche 2 Note and interest thereon shall at all times (including after assignment pursuant to Section 10.04) be represented by one or more Tranche 2 Notes payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and its registered assigns).

• The summary is not exhaustive and does not constitute a definite statement of the rights and liabilities of the Tranche 2 Note holder (Noteholder).

• The Tranche 2 Loan shall bear interest and be repaid by Customer at the times and in the manner set forth in the Tranche 2 Note.

• In any event, the entire outstanding principal amount of the Tranche 2 Note and all accrued but unpaid interest and all other outstanding amounts due thereunder shall be paid on the Tranche 2 Maturity Date.

• Borrower and Lender understand that this payment schedule is intended to amortize fully the principal amount advanced under the Tranche 2 Note in equal monthly payments from the date of such Advance to the Tranche 2 Maturity Date and any other principal and interest amounts outstanding representing amounts owed under Advances after the Amendment Closing Date will be added to the final payment on the Tranche 2 Maturity Date.

More Definitions of Tranche 2 Note

Tranche 2 Note that certain promissory note dated as of March 27, 1997 in the original principal amount of $3,000,000 executed by Borrower and joined in by American Telemedia, Ltd. in favor of Lender and any other promissory notes issued by Borrower to Lender pursuant to this Agreement, and all extensions, renewals, modifications, replacements, amendments, restatements and refinancings thereof.

Tranche 2 Note means that certain Promissory Note dated as of the Final Closing Date, having a term which shall be co-terminous with the then remaining term of the Tranche 1 Note, and in the amount of the Tranche 1 Loan as set forth in Annex b attached hereto. UCC shall mean the applicable Uniform Commercial Code as then in effect in the applicable jurisdiction. And Principal Place of Business: 0000 Xxxxxxxxx Xxx, Xxxxx 000 Xxxxxxxxx, Xxxxxxxxxx 00000 Customer’s form of Organization: corporation State of Organization: Delaware Additional State(s) in which Customer is qualified: California State issued Organizational Identification Number: 2870540 Federal Taxpayer ID Number: 00-0000000 Principal Amount of the Tranche 1 Loan: $6,450,000.00 Principal Amount of the Tranche 2 Loan: Lesser of (i) the actual costs of refurbishment and upgrades, or (ii) $550,000.00

Tranche 2 Note has the meaning given in Section 3.6.

Tranche 2 Note means any one of them.

Tranche 2 Note means any Note which, at the time of its authentication by the Trustee, bears a notation that such Note is a Tranche 2 Note as provided in Sections 2.01 and 8.01 of this Supplemental Indenture.

Tranche 2 Note as defined in Section 2.1(c).

Tranche 2 Note that certain promissory note dated as of March 27, 1997 in the original principal amount of up to $3,000,000 executed by Econophone and by ATL as joint and several obligors in favor of Lender and any other promissory notes issued by Econophone to Lender pursuant to this Agreement evidencing loans under the Tranche 2 Commitment, and all extensions, renewals, modifications, replacements, amendments, restatements and refinancings thereof.