Examples of Junior Note in a sentence

The restriction on payment imposed by this paragraph shall not excuse any default caused by failure of the Borrower to pay the indebtedness evidenced by the Junior Note.
The loan is comprised of a Senior Note in the amount of $2,151,110, a Junior Note A in the amount of $15,000,000 and a Junior Note B in the amount of $4,200,000.
Each Note (other than any Junior Note) bears interest on its principal amount from (and including) the Interest Commencement Date (as defined in the relevant Commercial Terms).
No Event of Default exists under or with respect to the Junior Note or any of the other Junior Loan Documents.
Subject to the provisions of subsection 2.2, Owner may pay to Junior Creditor and Junior Creditor may accept and retain, any regularly scheduled installments of interest or principal due and owing to Junior Creditor by Owner under Junior Creditor's Junior Note in accordance with its present tenor, but without prepayment (whether mandatory or optional) until the full repayment of the Senior Debt, and without payment upon acceleration, except as set forth in Section 2.4.

More Definitions of Junior Note

Junior Note means each Note issued by the Owner to the Junior Loan Participants pursuant to Section 2(a)(i) of the Facility Agreement and any such Note issued in exchange or replacement therefor pursuant to Section 14(d) or 14(e) of the Facility Agreement.

Junior Note means the promissory note, dated March , 2009, from the Borrowers, as makers, to the Junior Creditor, as payee, in the original principal amount of $2,000,000.00, as the same may be amended, renewed, restated, consolidated, replaced and otherwise modified from time to time.

Junior Note means a promissory note of the Company payable to any Junior Loan Lender or its registered assigns, in substantially the form of Exhibit A-2 hereto, evidencing the aggregate Debt of the Company to such Junior Loan Lender resulting from the Junior Loans deemed made by such Junior Loan Lender.

Junior Note means Note B and/or Note C, as the context may require.

Junior Note means the Mezzanine A Note, the Mezzanine B Note and the Mezzanine C Note, individually or collectively as the context may require.

Junior Note or “A-2 Note” shall mean any of Note A-2A, Note A-2B or Note A-2C.

Junior Note means the Junior Promissory Note dated the Closing Date from the Borrower, including all riders and addenda thereto, evidencing the Borrower’s obligation to repay the Junior Loan, as the same may be amended, supplemented or restated from time to time, which Junior Promissory Note will be delivered to the Issuer and endorsed by the Issuer to the Trustee.