Roll-Up Note definition

Roll-Up Note means a promissory note of the Borrowers payable to any Roll-Up Lender or its registered assigns, in substantially the form of Exhibit B-2 hereto, evidencing the aggregate Indebtedness of the Borrowers to such Roll-Up Lender resulting from the Roll-Up Loans made by such Roll-Up Lender.

Examples of Roll-Up Note in a sentence

  • For the avoidance of doubt, the Trustee for the Roll-Up Notes, as the Registrar therefor, shall record each such Roll-Up Note in a register which register shall be conclusive and binding on all parties.

  • Each Holder of Roll-Up Notes, by accepting such Roll-Up Note, hereby consents to any extensions of the Maturity Date of the Roll-Up Note by the Required Holders.