Common use of Term Loan B Clause in Contracts

Term Loan B. (a) TERM LOAN B. Bank has made a loan to Borrower in the original principal amount of One Million Three Hundred Thirty Thousand Dollars ($1,330,000.00) ("Term Loan B"), on which the outstanding principal balance as of the date hereof is $1,141,583.22. Borrower's obligation to repay Term Loan B is evidenced by a promissory note in the form of Exhibit D attached hereto ("Term B Note"), all terms of which are incorporated herein by this reference. Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan B remains in full force and effect. Any reference in the Term B Note to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rotonics Manufacturing Inc/De)

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Term Loan B. (a) TERM LOAN B. Bank has made a loan to Borrower in the original principal amount of One Million Three Five Hundred Thirty Thousand Dollars ($1,330,000.00500,000.00) ("Term Loan B"), on which the outstanding principal balance as of the date hereof is One Hundred Ninety-one Thousand Six Hundred Forty-two Dollars ($1,141,583.22191,642.00). Borrower's obligation to repay Term Loan B is evidenced by a promissory note substantially in the form of Exhibit D C attached hereto ("Term B NoteNote B"), all terms of which are incorporated herein by this reference. Any reference in Term Note B to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement. Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan B remains in full force and effect. Any reference in the Term B Note to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rotonics Manufacturing Inc/De)

Term Loan B. (a) TERM LOAN B. Bank has made a loan to Borrower in the original principal amount of One Four Million Three Hundred Thirty Thousand Dollars ($1,330,000.004,000,000.00) ("Term Loan B"), on which the outstanding principal balance as of the date hereof is Three Hundred Ninety-nine Thousand Nine Hundred Eighty-two Dollars ($1,141,583.22399,982.00). Borrower's obligation to repay Term Loan B is evidenced by a promissory note substantially in the form of Exhibit D C attached hereto ("Term B NoteNote B"), all terms of which are incorporated herein by this reference. Any reference in Term Note B to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement. Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan B remains in full force and effect. Any reference in the Term B Note to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rotonics Manufacturing Inc/De)

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Term Loan B. (a) TERM LOAN B. Bank has made a loan to Borrower in the original principal amount of One Four Million Three Hundred Thirty Thousand Dollars ($1,330,000.004,000,000.00) ("Term Loan B"), on which the outstanding principal balance as of the date hereof is $1,141,583.222,777,768.00. Borrower's obligation to repay Term Loan B is evidenced by a promissory note substantially in the form of Exhibit D C attached hereto ("Term B NoteNote B"), all terms of which are incorporated herein by this reference. Any reference in Term Note B to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement. Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan B remains in full force and effect. Any reference in the Term B Note to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (First Consulting Group Inc)

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