Term Note B definition

Term Note B has the meaning set forth in Section 2.4.

Term Note B means a promissory note in substantially the form of Exhibit B-2.

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

• Amended, Restated and Bifurcated Term Note B, dated April 17, 2008, in the amount of $3,000,000.

• Amended, Restated and Bifurcated Term Note B, dated April 17, 2008, in the amount of $1,500,000 .

• The Obligations under Term Note B (as defined in the Security Agreement) shall remain outstanding, due and owing.

• Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Loan Note, Term Note A or Term Note B and/or Incremental Facility Note, as applicable, which shall evidence such Lender's Revolving Loans, Term Loan A, Term Loan B and/or Incremental Facility Loan, as applicable, in addition to such accounts or records.

• The unpaid balances of Term Note B shall bear interest at the rate of four percent (4.0%) per annum.

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. 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. As defined in Section 2.3.

Term Note B means that certain Term Note B, dated as of June 4, 2019, issued by OrthoPediatrics in favor of the Purchaser, in an original principal amount of Thirty Million and 00/100 Dollars ($30,000,000.00), plus accrued interest thereon.

Term Note B means a Term Note, the Investment Pool for which is comprised of Term Note B Collateral.

Term Note B means each Term Note B made by the Borrowers payable to the order of a Lender evidencing the joint and several obligation of the Borrowers to pay the aggregate unpaid principal amount of the Loans made to them by such Lender under the Term Loan B Facility (and any promissory note or notes that may be issued from time to time in substitution, renewal, extension, replacement or exchange therefor whether payable to such Lender or to a different Lender in connection with a Person becoming a Lender after the Effective Date or otherwise) substantially in the form of EXHIBIT B-2 hereto, with all blanks properly completed, either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed, extended or refinanced.