Tranche B Loan Notes definition

Tranche B Loan Notes means those certain Tranche B Promissory Notes of even date herewith in the aggregate principal amount of $61,750,000, in substantially the form of Exhibit R attached hereto, and any amendments, replacements, extensions or renewals thereof.
Tranche B Loan Notes means promissory notes of the Borrower, substantially in the form of Exhibit A-2, evidencing the obligations of the ----------- Borrower to repay the Tranche B Loans, together with all amendments, consolidations, modifications, renewals, and supplements thereto, which promissory notes amend, restate and supersede any prior promissory notes issued by the Borrower to evidence the Tranche B Loans.
Tranche B Loan Notes means promissory notes of the Borrower, substantially in the form of Exhibit A-2, evidencing the obligations of the

Examples of Tranche B Loan Notes in a sentence

  • One each of the Tranche A Loan Notes and Tranche B Loan Notes shall be payable to the order of each Lender in accordance with the respective Term Commitment Ratio of such Lender.

  • The aggregate unpaid amount set forth on each Tranche B Lender’s records shall be prima facie evidence of the principal amount thereof owed and unpaid on such Tranche B Lender’s Tranche B Loan, but the failure to record, or any error in so recording, any such amount on such Tranche B Lender’s records shall not affect the obligations of the Borrowers hereunder or under any Tranche B Loan Notes to make payments of principal of and interest on the Tranche B Loan Notes when due.

  • At 30 September 2019, key management personnel have the following percentage of the Tranche B Loan Notes of the Company: 2019 2018 % %Key management personnel..................................................................

  • The Final Repayment date of the Tranche A and Tranche B Loan Notes has been formally extended to 31 January 2022.

  • This Note is one of the "Tranche B Loan Notes" referred to in the Third Amended and Restated Credit Agreement of even date herewith among Mohawk Industries, Inc., the Borrower, First Union National Bank of Georgia, Wachovia Bank of Georgia, N.A., and the other banks from time to time party thereto (as the same may be amended and modified from time to time, the "Credit Agreement").

  • This Note is one of the "Tranche B Loan Notes" in the aggregate principal amount of $100,000,000 and is issued pursuant to and entitled to the benefits of the Loan Agreement, to which reference is hereby made for a more complete statement of the terms and conditions under which the Loans evidenced hereby were made and are to be repaid.

  • Each Lender hereby agrees with Institutional Agent (i) to sell all or any part of its rights and obligations under the Tranche A Loan Notes to Purchasing Lenders only to the extent and at the same time it sells an equivalent pro rata portion of its rights and obligations under the Tranche B Loan Notes to such Purchasing Lenders and (ii) to cause each such Purchasing Lender to be bound by a similar restriction with respect to any such sales by it.

  • All references in the Credit Agreement and the other Loan Documents to the Tranche B Loan Notes shall mean the Tranche B Notes issued by Mohawk dated as of December 28, 1995, payable to the order of each respective Bank.

  • Loan notesKey management personnel hold 10.6% (2020: 10.6%) of the Tranche B Loan Notes at the balance sheet date.There have been no other loans or other transactions with key management personnel during the year (2020: none).

  • Each Lender hereby agrees with Agent (i) to sell participations of its interest in the Tranche A Loan Notes to any Participant only to the extent that at the same time it sells an equivalent pro rata participation of its interest in the Tranche B Loan Notes to such Participant and (ii) to cause each such Participant to be bound by a similar restriction with respect to sub-participations.


More Definitions of Tranche B Loan Notes

Tranche B Loan Notes means the Notes referred to in Section 2.7(a) of the Credit Agreement.

Related to Tranche B Loan Notes

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Loan Notes means the promissory notes of the Borrower in favor of each Lender evidencing the Loans made to the Borrower and substantially in the form of Exhibit 2.6(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • 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.

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

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche B Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche B Loans.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.