Tranche B Term Note definition

Tranche B Term Note shall have the meaning provided in Section 1.05(a).

Tranche B Term Note has the meaning specified in Section 2.11(a).

Tranche B Term Note or “Tranche B Term Notes” shall mean the promissory notes of the Borrower in favor of each of the Term Loan Lenders evidencing the portion of the Tranche B Term Loan provided pursuant to Section 2.2(d), individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

Examples of Tranche B Term Note in a sentence

• Any such Tranche B Term Note shall be payable to the order of such Tranche B Lender in a principal amount equal to such Tranche B Lender’s Commitment Percentage of the Tranche B Term Loan and representing the obligation of the Borrower to pay to such Tranche B Lender such principal amount or, if less, the outstanding amount of such Tranche B Lender’s Commitment Percentage of the Tranche B Term Loan, plus interest accrued thereon, as set forth below.

• Each Tranche B Lender may attach schedules to its Tranche B Term Note and endorse thereon the date, Type (if applicable), amount and maturity of its Tranche B Term Loans and payments with respect thereto.

• Such mandatory prepayments shall be allocated among the Lenders in proportion, as nearly as practicable, to the respective outstanding amounts of each Lender’s Tranche B Term Note or Revolving Credit Note, as applicable, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion.

• The Borrower also unconditionally promises to pay interest on the aggregate unpaid principal amount of this Tranche B Term Note at the rates applicable thereto from time to time as provided in the Credit Agreement.

• 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 Tranche B Term Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement.

More Definitions of Tranche B Term Note

Tranche B Term Note means a promissory note of the Borrower substantially in the form of Exhibit R, payable to the order of a Tranche B Term Loan Lender in a principal amount equal to the amount of such Lender’s Tranche B Term Loan as originally in effect and otherwise duly completed.

Tranche B Term Note as defined in subsection 4.16(e).

Tranche B Term Note as defined in subsection 2.8(a).

Tranche B Term Note a promissory note of the Borrower payable to any Tranche B Term Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Tranche B Term Lender resulting from the Tranche B Term Loans made by such Tranche B Term Lender.

Tranche B Term Note shall have the meaning assigned to such term in Section 2.5(f).

Tranche B Term Note as defined in subsection 2.5(d)(ii).

Tranche B Term Note any promissory note of the Borrower evidencing Tranche B Term Loans.