Term Loan B Notes means, collectively, those certain term promissory notes in the aggregate original principal amount of Term Loan B Commitment, and one issued by the Borrower to each of the Lenders having a Term Loan B Commitment, each substantially in the form of Exhibit K attached hereto, and any extensions, modifications, renewals or replacements of, or amendments to, any of the foregoing.
Examples of Term Loan B Notes in a sentence
Each Lender is authorized to note or endorse the date and amount of each Advance and each payment under the Term Loan B Facility on a schedule annexed to and constituting a part of the Term Loan B Notes.
The Term Loan B shall be evidenced by one or more promissory notes substantially in the form of Exhibit 1.1(f) (as amended, modified, extended, substituted or replaced from time to time, each a Term Loan B Note and, collectively, the Term Loan B Notes), and, except as any such Lender may elect pursuant to Section 1.7, the Borrower shall execute and deliver each Term Loan B Note to the applicable Term Loan B Lender.
For avoidance of doubt, the parties to this Agreement acknowledge that the provisions of this Section 12.6 concerning assignments of Term Loan B Loans and Term Loan B Notes relate only to absolute assignments and that such provisions do not prohibit assignments creating security interests, including any pledge or assignment by a Term Loan B Lender of any Term Loan B Loan or Term Loan B Note to any Federal Reserve Bank in accordance with applicable law.
Term Loan B shall be made at the Boston Office by depositing the amount of such loan to the general account of the Borrower with the Agent against delivery to the Agent of the separate term notes of the Borrower (the "Term Loan B Notes") payable to the respective Lenders.
The Loans of each Lender shall be evidenced by a Note in the form set forth as Exhibit A-1, in the case of the Notes evidencing the Revolving Loans (the Revolving Loan Notes), in the form set forth as Exhibit A-2, in the case of the Notes evidencing the Term Loan A (the Term Loan A Notes), and in the form set forth as Exhibit A-3, in the case of the Notes evidencing the Term Loan B (the Term Loan B Notes).