Exhibit 10.61
-------------
TRANCHE B TERM NOTE
$39,250,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of BANKERS TRUST COMPANY (the
"Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of THIRTY NINE MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS ($39,250,000) or, if
less, the then unpaid principal amount of all Tranche B Term Loans (as defined
in the Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$3,250,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of FIRST UNION NATIONAL BANK OF
NORTH CAROLINA (the "Bank"), in lawful money of the United States of America in
immediately available funds, at the office of Bankers Trust Company (the
"Agent") located at One Bankers Trust Plaza, New York, New York 10006 on the
Tranche B Term Loan Maturity Date (as defined in the Agreement referred to
below) the principal sum of THREE MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS
($3,250,000) or, if less, the then unpaid principal amount of all Tranche B Term
Loans (as defined in the Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$3,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of ▇▇▇▇▇▇ COMMERCIAL PAPER INC.
(the "Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of THREE MILLION DOLLARS ($3,000,000) or, if less, the then unpaid principal
amount of all Tranche B Term Loans (as defined in the Agreement) made by the
Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$2,750,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of FLEET NATIONAL BANK (the
"Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of TWO MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($2,750,000) or, if less,
the then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$2,750,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of ▇▇▇▇▇▇ FINANCIAL (the
"Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of TWO MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($2,750,000) or, if less,
the then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$1,500,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of THE NIPPON CREDIT BANK, LTD.
(the "Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of ONE MILLION FIVE HUNDRED THOUSAND DOLLARS ($1,500,000) or, if less, the then
unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$1,250,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of BANK OF SCOTLAND (the
"Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of ONE MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS ($1,250,000) or, if less, the
then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$1,250,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of BANK OF BOSTON (the "Bank"),
in lawful money of the United States of America in immediately available funds,
at the office of Bankers Trust Company (the "Agent") located at One Bankers
Trust Plaza, New York, New York 10006 on the Tranche B Term Loan Maturity Date
(as defined in the Agreement referred to below) the principal sum of ONE MILLION
TWO HUNDRED FIFTY THOUSAND DOLLARS ($1,250,000) or, if less, the then unpaid
principal amount of all Tranche B Term Loans (as defined in the Agreement) made
by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$9,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY (the "Bank"), in lawful money of the United States of America
in immediately available funds, at the office of Bankers Trust Company (the
"Agent") located at One Bankers Trust Plaza, New York, New York 10006 on the
Tranche B Term Loan Maturity Date (as defined in the Agreement referred to
below) the principal sum of NINE MILLION DOLLARS ($9,000,000) or, if less, the
then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$9,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of PILGRIM AMERICA PRIME RATE
TRUST (the "Bank"), in lawful money of the United States of America in
immediately available funds, at the office of Bankers Trust Company (the
"Agent") located at One Bankers Trust Plaza, New York, New York 10006 on the
Tranche B Term Loan Maturity Date (as defined in the Agreement referred to
below) the principal sum of NINE MILLION DOLLARS ($9,000,000) or, if less, the
then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$9,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of PRIME INTEREST TRUST (the
"Bank"), in lawful money of the United States of America in immediately
available funds, at the office of Bankers Trust Company (the "Agent") located at
One Bankers Trust Plaza, New York, New York 10006 on the Tranche B Term Loan
Maturity Date (as defined in the Agreement referred to below) the principal sum
of NINE MILLION DOLLARS ($9,000,000) or, if less, the then unpaid principal
amount of all Tranche B Term Loans (as defined in the Agreement) made by the
Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$9,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of THE ING CAPITAL SENIOR
SECURED HIGH INCOME FUND, L.P. (the "Bank"), in lawful money of the United
States of America in immediately available funds, at the office of Bankers Trust
Company (the "Agent") located at One Bankers Trust Plaza, New York, New York
10006 on the Tranche B Term Loan Maturity Date (as defined in the Agreement
referred to below) the principal sum of NINE MILLION DOLLARS ($9,000,000) or, if
less, the then unpaid principal amount of all Tranche B Term Loans (as defined
in the Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
TRANCHE B TERM NOTE
$9,000,000 New York, New York
January 8, 1997
FOR VALUE RECEIVED, COINMACH CORPORATION, a Delaware corporation (the
"Borrower"), hereby promises to pay to the order of ▇▇▇▇▇▇▇ ▇▇▇▇▇ SENIOR
FLOATING RATE FUND, INC. (the "Bank"), in lawful money of the United States of
America in immediately available funds, at the office of Bankers Trust Company
(the "Agent") located at One Bankers Trust Plaza, New York, New York 10006 on
the Tranche B Term Loan Maturity Date (as defined in the Agreement referred to
below) the principal sum of NINE MILLION DOLLARS ($9,000,000) or, if less, the
then unpaid principal amount of all Tranche B Term Loans (as defined in the
Agreement) made by the Bank pursuant to the Agreement.
The Borrower promises also to pay interest on the unpaid principal
amount hereof in like money at said office from the date hereof until paid at
the rates and at the times provided in Section 1.08 of the Agreement.
This Note is one of the Tranche B Term Notes referred to in the Credit
Agreement, dated as of January 8, 1997, among Coinmach Laundry Corporation, the
Borrower, the lenders from time to time party thereto (including the Bank),
First Union National Bank of North Carolina, as Syndication Agent, ▇▇▇▇▇▇
Commercial Paper Inc., as Documentation Agent, and Bankers Trust Company, as
Administrative Agent (as from time to time in effect, the "Agreement"), and is
entitled to the benefits thereof and of the other Credit Documents (as defined
in the Agreement). This Note is secured by the Security Documents (as defined
in the Agreement). As provided in the Agreement, this Note is subject to
voluntary prepayment and mandatory repayment prior to the Tranche B Term Loan
Maturity Date, in whole or in part.
In case an Event of Default (as defined in the Agreement) shall occur
and be continuing, the principal of and accrued interest on this Note may be
declared to be due and payable in the manner and with the effect provided in the
Agreement.
The Borrower hereby waives presentment, demand, protest or notice
of any kind in connection with this Note.
THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY
THE LAW OF THE STATE OF NEW YORK.
COINMACH CORPORATION
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
By_____________________________
Title: Senior Vice President
