Term B Note definition

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.

Term B Note means a promissory note of the Borrower payable to the order of any Lender, in the form of Exhibit A-3 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrower to such Lender resulting from outstanding Term-B Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.

Term B Note means a promissory note of the Borrower payable to any Term B Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the Term B Advance made by such Lender, as amended.

Examples of Term B Note in a sentence

• This Term B Note is one of the Term B Notes referred to in the Credit Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.

• The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Term B Note.

• This Term B Note is also entitled to the benefits of the Guaranty and is secured by the Collateral.

• Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Term B Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement.

• If the Holder has delivered a Conversion Acceptance (together with the surrender of this Note), effective as of a Conversion Date (as hereinafter defined) and in accordance with the Notice of Conversion, the Company shall make the appropriate reduction to the Principal Amount and accrued and unpaid interest thereon outstanding under this Note as entered in its register and its records, and if conversion is in part, issue a new Secured Term B Note in accordance with Section 3.6 hereof.

More Definitions of Term B Note

Term B Note means a promissory note made by the Company in favor of a Term B Lender, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-2.

Term B Note is defined in Section 2.12(c).

Term B Note has the meaning assigned to it in Section 1.1(b)(i).

Term B Note has the meaning set forth in Section 2.09.

Term B Note means a promissory note of the Parent Borrower and the Co-Borrowers payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 to this Agreement, evidencing the indebtedness of the Parent Borrower and the Co-Borrowers to such Term Lender resulting from the Term B Loans made by such Term Lender.

Term B Note is defined in Section 1.10 hereof.

Term B Note means a promissory note, dated as of the date of issue and substantially in the form of Exhibit B-3 hereto, evidencing the obligation of the Borrower to repay outstanding Term B Loans, as such note may be amended, modified or supplemented from time to time.