Junior Note definition

Junior Note shall have the meaning assigned to such term in the recitals.

Junior Note has the meaning provided in the Recitals hereto.

Junior Note means Note B.

Examples of Junior Note in a sentence

• The Junior Noteholder assumes all risk of loss in connection with the Junior Note except as specifically set forth herein.

• The Junior Note shall not be deemed to be a security within the meaning of the Securities Act of 1933 or the Securities Exchange Act of 1934.

• The Junior Notes and the right of each Holder of a Junior Note to receive payments with respect to its respective Junior Note shall, subject to the provisions of this Agreement, at all times be junior, subject and subordinate to each Senior Note and the rights of each Holder of a Senior Note to receive payments with respect to its respective Senior Note.

• The Junior Notes and the right of the Junior Note Holders to receive payments with respect to their Junior Notes shall, subject to the provisions of this Agreement, at all times be junior, subject and subordinate to each Senior Note and the rights of each Senior Note Holder to receive payments with respect to its respective Senior Note.

• The Junior Note shall not be deemed to be a security within the meaning of the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

More Definitions of Junior Note

Junior Note means each Note issued by the Owner to the Junior Loan Participants pursuant to Section 2(a)(i) of the Facility Agreement and any such Note issued in exchange or replacement therefor pursuant to Section 14(d) or 14(e) of the Facility Agreement.

Junior Note means Note B-1.

Junior Note means the promissory note, dated March , 2009, from the Borrowers, as makers, to the Junior Creditor, as payee, in the original principal amount of $2,000,000.00, as the same may be amended, renewed, restated, consolidated, replaced and otherwise modified from time to time.

Junior Note means a promissory note of the Company payable to any Junior Loan Lender or its registered assigns, in substantially the form of Exhibit A-2 hereto, evidencing the aggregate Debt of the Company to such Junior Loan Lender resulting from the Junior Loans deemed made by such Junior Loan Lender.

Junior Note means Note B and/or Note C, as the context may require.

Junior Note or “A-2 Note” shall mean any of Note A-2A, Note A-2B or Note A-2C.

Junior Note means, collectively, the First Mezzanine Note, the Second Mezzanine Note, the Third Mezzanine Note, the Fourth Mezzanine Note, the Fifth Mezzanine Note, the Sixth Mezzanine Note and the Seventh Mezzanine Note, unless the context otherwise requires, in which case it shall mean either the First Mezzanine Note, the Second Mezzanine Note, the Third Mezzanine Note, the Fourth Mezzanine Note, the Fifth Mezzanine Note, the Sixth Mezzanine Note or the Seventh Mezzanine Note, individually.