Tranche B Term Note definition

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

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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.
Reference is made to the Credit Agreement for provisions relating to the interest rate, maturity, payment, prepayment and acceleration of this Tranche B Term Note.
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.

More Definitions of Tranche B Term Note

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 means a promissory note of the Borrowers payable to any Lender, in the form of Exhibit A-2 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrowers to such Lender resulting from outstanding Tranche B Term Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.

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 any Term Note evidencing Tranche B Term Loans.

Tranche B Term Note means a promissory note made by the Borrower in favor of a Tranche B Term Lender evidencing the Tranche B Term Loan made by such Lender, substantially in the form of Exhibit C-4.

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