Facility B Term Note definition

Facility B Term Note means (a) a promissory note in substantially the form of Exhibit D hereto, executed and delivered by the Borrower payable to the order of the Administrative Agent in the amount of the Aggregate Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note, (b) any “Facility B Term Note” executed and delivered pursuant to the Original Credit Agreement or the Existing Credit Agreement by the Borrower payable to the order of a Lender that is a Facility B Lender hereunder, including any amendment, modification, restatement, remainder or replacement of such promissory note (including without limitation a replacement delivered pursuant to clause (c) below), and (c) in the event that any Facility B Term Lender requests a Facility B Term Note in accordance with this Agreement (including without limitation a replacement of a note described in clause (b) above), a promissory note, satisfactory in form to the Administrative Agent, executed and delivered by the Borrower payable to the order of such Facility B Term Lender in the amount of its Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note.
Sample 1
Facility B Term Note means a term note in the form of Exhibit C ---------------------- --------- hereto, dated as of the date hereof, in the amount of the Facility B Loan Commitment and maturing on Facility B Maturity Date, duly executed by the Borrowers and payable to the order of the Lender, together with any and all renewal, extension, modification or replacement notes executed by the Borrowers and delivered to the Lender and given in substitution therefor.
Sample 1
Facility B Term Note shall have the meaning set forth in Section 2.2 hereof.
Sample 1

Examples of Facility B Term Note in a sentence

  • In the event of any conversion of Facility B Revolver Loans to Facility B Term Loans, the Facility B Term Note payable to and held by the Administrative Agent shall thereafter evidence such Facility B Term Loans, except that any Facility B Term Note payable to and held by any Facility B Term Lender shall thereafter evidence the Facility B Term Loans held by such Facility B Term Lender hereunder.

  • Principal amounts repaid on the Facility B Term Note may not be borrowed again.

  • The holder of this Facility B Term Note is authorized to record the date and amount of each payment or prepayment of principal thereof on the schedule annexed to and constituting a part hereof, or on a continuation thereof which shall be attached hereto and a part hereof and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded.

  • Borrower agrees to pay all costs of collection and enforcement of this Facility B Term Note, whether or not suit is filed, including, without limitation, reasonable attorneys' fees, as more particularly provided in Section 11.04 of the Credit Agreement.

  • The Facility B Term Loan shall be evidenced by -------------------- the Facility B Term Note.

  • In no event whatsoever shall the aggregate of all amounts deemed interest on the Loans and charged or collected pursuant to the terms of this Agreement or pursuant to the Facility A Revolving Credit Note or the Facility B Term Note exceed the highest rate permissible under any law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto.

  • Borrower's obligation to repay Term Loans under Facility B shall be evidenced by one or more promissory notes executed by Borrower, substantially in the form of Exhibit C hereto (the "Facility B Term Note").

  • The Facility B Commitment of First Chicago is hereby increased from $9,032,258.02 to $59,032,258.02, and the Facility B Note and Facility B Term Note issued to First Chicago on the Effective Date under the Agreement shall be exchanged with the Borrower for a new Facility B Note and Facility B Term Note, each payable to First Chicago (collectively, the "First Chicago Notes") and reflecting First Chicago's increased Facility B Commitment.

  • Each Facility B Term Loan deemed made by a Lender shall be evidenced by a Term Loan Note of the Company (individually a "Facility B Term Note" and collectively the "Facility B Term Notes") payable to the order of such Lender in an amount equal to the original principal amount of such Lender's Facility B Term Loan, each Facility B Term Note to be dated the date of the Facility B Loan evidenced thereby and otherwise in the form (with appropriate insertions) attached hereto as Exhibit C.

  • In his cross-appeal Lawson challenges the district court’s ruling on his statutory claim for unpaid wages.We review the district court’s Rule 50(b) rulings de novo.


More Definitions of Facility B Term Note

Facility B Term Note means a promissory note, in substantially the form of Exhibit A-3 hereto, duly executed by the Borrower and payable to the order of each Lender having a Facility B Term Commitment in the amount of such Lender's Facility B Term Commitment.
Sample 1
Facility B Term Note means (a) a promissory note in substantially the form of Exhibit F hereto, executed and delivered by the Company payable to the order of the Administrative Agent in the amount of the Aggregate Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note, and (b) in the event that any Facility B Term Lender requests a Facility B Term Note in accordance with this Agreement, a promissory note, satisfactory in form to the Administrative Agent, executed and delivered by the Company payable to the order of such Facility B Term Lender in the amount of its Facility B Commitment, including any amendment, modification, restatement, renewal or replacement of such promissory note.
Sample 1
Facility B Term Note or "Facility B Term Notes" shall have the meanings given to such terms in Section 2.1(c) hereof.
Sample 1
Facility B Term Note means a promissory note in substantially the form of Exhibit AA-2" hereto, completed, executed and delivered by the Borrower and payable to the order of a Lender in the amount of its Facility B Term Loan, including any amendment, modification, restatement, renewal or replacement of such promissory note.
Sample 1
Facility B Term Note as defined in Section 2.2(c) hereof.
Sample 1

Related to Facility B Term Note

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.