Acquisition Note. Each Lender's Acquisition Loans and the joint and several obligation of the Borrowers to repay such Acquisition Loans shall also be evidenced by an Acquisition Note payable to the order of such Lender. Each Acquisition Note shall be dated the Effective Date (or later "effective date" under any Assignment and Acceptance) and be duly and validly executed and delivered by the Borrowers.
Appears in 2 contracts
Sources: Loan and Security Agreement (Winston Furniture Co of Alabama Inc), Loan and Security Agreement (Winsloew Furniture Inc)