Common use of AUTHORIZATION OF ISSUE OF NOTES Clause in Contracts

AUTHORIZATION OF ISSUE OF NOTES. The Company will authorize the issue and sale of its senior promissory notes in the aggregate principal amount of $50,000,000, to be dated the date of issue thereof, to mature November 10, 2007, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 7.29% per annum and on overdue payments at the rate specified therein, and to be substantially in the form of Exhibit A attached hereto. The term "Note" or "Notes" as used herein shall include each Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such Note pursuant to any such provision.

Appears in 1 contract

Samples: Brown & Sharpe Manufacturing Co /De/

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AUTHORIZATION OF ISSUE OF NOTES. The Company will authorize the issue and sale of its senior promissory notes in the aggregate principal amount of $50,000,00030,000,000, to be dated the date of issue thereof, to mature November 10January 15, 20072008, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 7.297.60% per annum and on overdue payments at the rate specified therein, and to be substantially in the form of Exhibit EXHIBIT A attached hereto. The term "Note" or "NotesNOTES" as used herein shall include each Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such other Note pursuant to any such provision.

Appears in 1 contract

Samples: Note Purchase Agreement (Corrpro Companies Inc /Oh/)

AUTHORIZATION OF ISSUE OF NOTES. The Company will authorize the issue and sale of its senior promissory notes (herein called the "NOTES") in the aggregate principal amount of $50,000,00055,000,000, to be dated the date of issue thereof, to mature November 10June 30, 20071998, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 7.2911.52% per annum and on overdue payments principal, premium and interest at the rate specified therein, and to be substantially in the form of Exhibit Exibit A attached hereto. The term "Note" or "Notes" as used herein shall include each Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such Note pursuant to any such provision.

Appears in 1 contract

Samples: Credit Agreement (Regis Corp)

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AUTHORIZATION OF ISSUE OF NOTES. The Company will authorize the issue and sale of its senior guaranteed promissory notes in the aggregate principal amount of $50,000,000306,000,000, to be dated the date of issue thereof, to mature November 10April 28, 20072009, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 7.298.05% per annum and on overdue payments at the rate specified therein, and to be substantially in the form of Exhibit A attached heretohereto (the "NOTES"). The term "Note" or "NotesNOTES" as used herein shall include each Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such other Note pursuant to any such provision. Capitalized terms used herein have the meanings specified in paragraph 10.

Appears in 1 contract

Samples: Note Agreement (Pulitzer Inc)

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