Term Note B definition
Term Note B means a promissory note in substantially the form of Exhibit B-2.
Term Note B has the meaning set forth in Section 2.4.
Term Note B means that certain Secured Convertible Term Note B dated as of the Closing Date made by Companies in favor of Laurus Master Fund, L.P. in the original principal amount of $2,000,000 as the same may be amended, supplemented, restated and/or otherwise modified from time to time.
Examples of Term Note B in a sentence
Borrower may prepay principal on Term Loan B solely in accordance with the provisions of Term Note B.
The principal amount of Term Loan B shall be repaid in accordance with the provisions of Term Note B.
Upon Borrowers’ request, Term Note B shall be returned to Borrowers marked “Cancelled”.
As of the Seventh Amendment Effective Date, it is agreed and acknowledged that Term Loan B has not, and will not, be advanced, and Term Note B shall be, and is hereby cancelled.
The unpaid balances of Term Note B shall bear interest at the rate of four percent (4.0%) per annum.
More Definitions of Term Note B
Term Note B means the promissory note substantially in the form annexed hereto as Exhibit B-2, to be given by Borrower to Lender to evidence Term Loan B.
Term Note B. As defined in Section 2.3.
Term Note B means the promissory note in the form of Exhibit C attached hereto and made a part hereof made by Borrower payable to the order of Lender to evidence Term Loan B and each renewal, replacement or substitute note therefor.
Term Note B. The term as defined in Section 2.2(a) hereof.
Term Note B shall have the meaning ascribed to such term in Section 4.2.
Term Note B has the meaning set forth in Section 2.3(b).
Term Note B means the Term Notes B executed and delivered pursuant to Section 2.1C hereof, together with any replacement or substitution thereof, any addition or allonge thereto and any amendment, restatement or other modification thereto from time to time.