Secured Term B Notes definition

Secured Term B Notes means those certain Secured Term B Notes dated as of the Closing Date made by the Companies in favor of the Lenders in the aggregate original face amount of One Million Six Hundred Thousand Dollars ($1,600,000), as each may be amended, supplemented, restated and/or otherwise modified from time to time.
Sample 1
Secured Term B Notes is hereby amended by deleting the phrase “One Million Six Hundred Thousand Dollars ($1,600,000)” and inserting in lieu thereof the phrase “One Million Five Hundred Thousand Dollars ($1,500,000).”
Sample 1

Examples of Secured Term B Notes in a sentence

  • The payments set forth in clauses (i)(A), (i)(B) and (i)(C) relating to the Secured Revolving Notes and Secured Term B Notes, shall be deemed fully earned at the time the Revolving Commitment Conditions and Term Loan B Conditions, respectively, are satisfied.

  • The Senior Term B Loans made by a Lender shall be evidenced by the Borrower's Senior Secured Term B Notes, to be substantially in the form of the promissory note attached hereto as Exhibit A-2 (including any promissory notes issued in substitution therefor or upon conversion of any portion of the Convertible Junior PIK Notes, in each case, pursuant to the terms of this Agreement (the "Senior Term B Notes", together with the Senior Term A Notes, the "Senior Notes").

  • On the Closing Date, the Loan Parties duly authorized the issuance to the Purchasers designated on Annex A of $30,000,000 aggregate principal amount of the Loan Parties’ Senior Secured Term B Notes due January 6, 2011 (together with any promissory notes issued in substitution therefor pursuant to Sections 6.3 and 6.4, the “Senior Term Notes”) substantially in the form of the promissory notes made by the Loan Parties in favor of the Purchasers thereof in the form attached hereto as Exhibit A.

  • The Loan Parties have proposed selling Senior Secured Term B Notes to the Purchasers designated on Annex A in the aggregate amount of $30,000,000 for the purpose of partially financing the acquisition of all of the equity interests of EJ Footwear LLC, a Delaware limited liability company, Georgia Boot LLC, a Delaware limited liability company, XX Xxxxxx Safety Shoe Co. LLC, a Delaware limited liability company, and their respective subsidiaries (collectively EJ FOOTWEAR") by Parent (the "ACQUISITION").

  • Notwithstanding anything to the contrary contained in Section 5(b)(i) of the Security Agreement, the payments set forth in clauses 5(b)(i)(A), 5(b)(i)(B) and 5(b)(i)(C) relating to the Secured Revolving Notes and Secured Term B Notes, shall be deemed fully earned on the Effective Date (as defined below) and shall be paid on the Effective Date pursuant to a disbursement letter executed in connection herewith.

  • The Companies have authorized the issue and sale of $31,415,094 aggregate principal amount of Guaranteed Secured Term A Notes of the Issuers due 2004 (the "Term A Notes", such term to include any notes issued in substitution or replacement therefor) and $13,584,906 aggregate initial principal amount of Guaranteed Secured Term B Notes of the Issuers due 2004 (the "Term B Notes", such term to include any notes issued in substitution or replacement therefor).

  • The payments set forth in clauses (i)(A), (i)(B) and (i)(C) relating to the Secured Revolving Notes and Secured Term B Notes shall paid at the time the Revolving Commitment Conditions and Term Loan B Conditions are respectively satisfied, out of funds held pursuant to a funds escrow agreement and a disbursement letter executed in connection therewith.

Related to Secured Term B Notes

  • Tranche A Notes is defined in Section 1.1.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Tranche C Term Loan as defined in Section 2.1.

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

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

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Tranche A Term Loan as defined in Section 2.1.

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

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

  • 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.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

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

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

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • 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 Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • 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.

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

  • Class A-4 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.