Note B definition

Note B shall have the meaning assigned to such term in the recitals.

Note B means each of Note B-1, Note B-2 and Note B-3.

Note B means, individually or collectively, Note B-1 and Note B-2, as the context may require.

Examples of Note B in a sentence

• A requesting Note A Holder or Note B Holder and each Rating Agency shall be entitled to rely on the information supplied by each other Noteholder pursuant to this Section 38.

• Notwithstanding the foregoing, without the Lead Securitization Noteholder’s prior consent, which may be withheld in the Lead Securitization Noteholder’s sole and absolute discretion, no Note B Holder shall Transfer all or any portion of its Note to a Borrower Restricted Party and any such Transfer shall be absolutely null and void and shall vest no rights in the purported transferee.

• If the subject Note is held by more than one Noteholder at any time, the holders of a majority of interest in the subject Note shall immediately appoint a representative to exercise all rights of such Note B Holder hereunder.

• Each Note B Holder represents and warrants solely as to itself that it is duly organized, validly existing, in good standing and possesses of all licenses and authorizations necessary to perform its obligations hereunder.

• Each Note B Holder assumes all risk of loss in connection with its Note except as specifically set forth herein.

More Definitions of Note B

Note B means, collectively, Note B-1 and Note B-2.

Note B means that certain Promissory Note (Note B), dated January 24, 2022, as the same may be amended, modified, supplemented extended, restated or replaced, and shall include any replacement promissory notes issued in respect thereof.

Note B means, collectively, (i) those certain notes denominated "Note B" dated concurrently with the original Loan Agreement (or notes denominated Note B dated September 7, 2005, given in substitution for certain of such original notes or replacement notes given in substitution of certain of such notes in accordance with the Escrow Delivery Agreement), executed by Borrower to the order of the Lender named therein, in the aggregate original principal amount of $158,618,233.62, as the same may be Modified from time to time, and (ii) each Additional Note B. Each Note B shall constitute a "Note" for all purposes under this Agreement and the other Loan Documents.

Note B. As defined in the Introductory Statement.

Note B means those certain notes or note denominated “Note B” dated concurrently with the Loan Agreement, executed by Borrower to the order of the Lender named therein, in the aggregate original principal amount of $158,618,233.62, as the same may be Modified from time to time. Each Note B shall constitute a “Note” for all purposes under this Agreement and the other Loan Documents.

Note B means, collectively, the B Notes.

Note B has the meaning set out in section 2.2;