Amended and Restated Term Note. Each Term Note executed on the Closing Date shall be replaced with an Amended and Restated Term Note dated as of the Third Amendment Effective Date in the aggregate principal amount of One Hundred Fifty Million Dollars ($150,000,000) (the "Amended and Restated Term Notes").
Amended and Restated Term Note. Coincident with the execution of this Amendment, Borrower shall execute and deliver to Bank a (i) Delayed Draw Term Note 1B in the original principal amount of $8,500,000 (“Term Note 1B”) and (ii) Second Amended and Restated Delayed Draw Term Note 1A in the original principal amount of $4,500,000 (“Amended and Restated Note”). Term Note 1B and Amended and Restated Note shall be in form and content acceptable to Bank and the Amended and Restated Note shall re-evidence the existing indebtedness of Borrower to Bank under that certain Amended and Restated Delayed Draw Term Note 1A in the original principal amount of $13,000,000 and dated October 28, 2021 (each a “Prior Note”). All references to the Term Notes in the Loan Agreement and other Loan Documents shall be deemed to be references to Term Note 1B and Amended and Restated Note. The parties hereby expressly acknowledge and agree that the Amended and Restated Note merely re-evidences the indebtedness evidenced by the Prior Note and is given in substitution of and not as payment of the Prior Note.
Amended and Restated Term Note. This Note is issued in replacement of and in substitution for, but not in repayment of, the Term Note of Good Times Restaurants Inc., dated as of April 18, 2007, payable to the order of Bank in the original principal amount of $1,100,000, and is issued pursuant to, and is subject to, the Credit Agreement, which provides, among other things, for acceleration hereof. This Note is the Term Note referred to in the Credit Agreement.
Amended and Restated Term Note. Contemporaneously herewith, the Borrowers shall issue to the Term Lender an amended and restated Term Note in the form of Annex D attached hereto (the “Amended Note”), which Amended Note shall supercede and replace in its entirety that certain Term Note dated as of October 18, 2002 in the original principal amount of $70,000,000 issued by the Borrowers in favor of the Term Lender and the original Term Note shall be stamped “Cancelled Because Restated” and returned to Borrower. Any and all references in the Credit Agreement or the other Loan Documents to the “Term Note” shall be deemed to mean the Amended Note as amended and restated as of the date hereof.
Amended and Restated Term Note. The Company shall issue the Purchaser an Amended and Restated Secured Convertible Term Note that is attached and incorporated herein as Exhibit A in substitution and not in satisfaction of the Term Note. The Amended and Restated Convertible Term Note shall include the following changes: The “Fixed Conversion Price” shall be $1.00.
Amended and Restated Term Note. Borrower shall have delivered to Lender a fully executed Amended and Restated Term Note, in form and substance satisfactory to Lender.
Amended and Restated Term Note. On the date hereof the Borrower shall execute and deliver to the Lender the Term Note, which replaces, amends and restates the Original Term Notes.
Amended and Restated Term Note. Simultaneously with the execution of this Amendment, Borrower has executed and delivered to Bank its Amended and Restated Term Promissory Note dated effective as of the date hereof in the principal amount of Five Million and No/100 Dollars ($5,000,000.00) (the "Amended and Restated Term Note"). Borrower shall repay the Amended and Restated Term Note in accordance with the terms and conditions set forth therein as the same may be supplemented, amended and/or modified from time to time, with interest thereon at a rate set forth therein. The Amended and Restated Term Note is an amendment and restatement of the existing Term Note and is not a novation thereof. The Loan Agreement and all other existing Loan Documents are hereby amended by substituting the term "Amended and Restated Term Note" for "Term Note".
Amended and Restated Term Note. Exhibit B to the Credit Agreement is hereby amended to read as set forth on Exhibit A attached to this Amendment.
Amended and Restated Term Note. The Company shall issue the Purchaser an Amended and Restated Secured Term Note that is attached and incorporated herein as Exhibit A in substitution and not in satisfaction of the Term Note.
