Common use of Bid Notes Clause in Contracts

Bid Notes. The obligation of the applicable Borrower to repay the aggregate unpaid principal amount of the Bid Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Bid Note dated as of the Closing Date payable to the order of such Bank in a face amount equal to the aggregate Revolving Credit Commitments of all of the Banks.

Appears in 6 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)

AutoNDA by SimpleDocs

Bid Notes. The obligation of the applicable Borrower to repay the aggregate unpaid principal amount of the Bid Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Bid Note dated as of the Closing Date payable to the order of such Bank in a face amount equal to the aggregate Revolving Credit Commitments of all of the BanksBid Loan Aggregate Sublimit.

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Bid Notes. The obligation of the applicable Borrower to repay the aggregate unpaid principal amount of the Bid Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Bid Note dated as of the Closing Date date payable to the order of such Bank in a face amount equal to the aggregate Revolving Credit Commitments of all of the Banks.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Bid Notes. The obligation of the applicable Borrower to repay the aggregate unpaid principal amount of the Bid Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Bid Note dated as of the Closing Date payable to the order of such Bank in a face amount equal to the aggregate Revolving Credit Commitments of all of the Banks.

Appears in 1 contract

Samples: Credit Agreement (Roundys Inc)

AutoNDA by SimpleDocs

Bid Notes. The obligation of the applicable Borrower to repay the aggregate unpaid principal amount of the Bid Loans made to it by each Bank, together with interest Interest thereon, shall be evidenced by a Bid Note dated as of the Closing Date date payable to the order of such Bank in a face amount equal to the aggregate Revolving Credit Commitments of all of the Banks$50,000,000.

Appears in 1 contract

Samples: Credit Agreement (KPMG Consulting Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.