Examples of Term B Loan Note in a sentence
Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Loan Note and/or a Term B Loan Note, as applicable, which shall evidence such Lender’s Loans in addition to such accounts or records.
The following flow chart is designed to assist with identifying which legislation is applicable.
Any Term B Loans recorded on the Register (the "Registered Term B Loans") may not be evidenced by a promissory note other than a Registered Term B Loan Note (as defined below).
Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Loan Note and/or a Term B Loan Note, as applicable, which shall evidence such Lender's Loans in addition to such accounts or records.
Once recorded on the Register, the Obligations evidenced by such Registered Term B Loan Note may not be removed from the Register so long as it remains outstanding and a Registered Term B Loan Note may not be exchanged for a promissory note that is not a Registered Term B Loan Note.