Tranche B Note definition
Examples of Tranche B Note in a sentence
Interest on this Tranche B Note shall be payable in accordance with Section 2.3 of the Loan Agreement.
B▇▇▇▇▇▇▇ has caused this Tranche B Note to be duly executed by one of its officers thereunto duly authorized on the date hereof.
Borrower shall be entitled to treat the registered holder of this Tranche B Note (as recorded on such record of ownership) as the owner in fact thereof for all purposes and shall not be bound to recognize any equitable or other claim to or interest in this Term Loan Note on the part of any other Person.
Interest shall accrue on this Tranche B Note commencing on, and including, the date of this Tranche B Note, and shall accrue on this Tranche B Note, or any portion thereof, for the day on which this Tranche B Note or such portion is paid.
Notwithstanding anything else in this Term Loan Note to the contrary, the right to the principal of, and stated interest on, this Tranche B Note may be transferred only if the transfer is registered on such record of ownership and the transferee is identified as the owner of an interest in the obligation.