Examples of B-1 Term Note in a sentence
On and after the B-1 Conversion Date, each Lender which has had an increase in outstanding B-1 Term Loans as a result of the B-1 Conversion shall be entitled to receive a new B-1 Term Note evidencing all its then outstanding B-1 Term Loans; provided that if a B-1 Term Note or B-2 Term Note has previously been issued to such Lender, such Lender shall surrender such Note or Notes to the Borrower or provide it with a customary lost note indemnity.
The Lender may also attach schedules to this Tranche B-1 Term Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.
This Tranche B-1 Term Note is one of the Tranche B-1 Term Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.
The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Tranche B-1 Term Note.
This Tranche B-1 Term Note is also entitled to the benefits of the Guaranty and is secured by the Collateral.
Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Tranche B-1 Term Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement.
Form of Initial Tranche B-1 Term Note EXHIBIT K-2-A THIS PROMISSORY NOTE SHALL BE GOVERNED BY, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
The Administrative Agent shall have received for the account of each GF Incremental Term Lender requesting the same pursuant to subsection 4.16(e), a Tranche B-1 Term Note, conforming to the requirements of this Agreement and executed by a duly authorized officer of Borrower.
Signature: /s/ Ben Bang Print Name: Ben Bang Title: Senior Counsel Table of Addenda, Exhibits and Schedules Addendum 1: SBA Provisions Exhibit A: Advance Request Attachment to Advance Request Exhibit B-1: Term Note for Hercules Technology II, L.P. Exhibit B-2: Term Note for Hercules Technology Growth Capital, Inc.
The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a duly authorized officer of each party hereto and (ii) for the account of each Lender, a Revolving-1 Note, a Tranche A-1 Term Note and a Tranche B-1 Term Note and for the account of the Swingline Lender, a Swingline Note.