Common use of Collateral Notes Clause in Contracts

Collateral Notes. Any promissory notes issued by one or more of the Borrowers in favor of BKB as agent under such notes, executed and delivered pursuant to ss.9.17, and assigned to the Administrative Agent, each of which such notes shall be secured by one of the Mortgages.

Appears in 1 contract

Sources: Revolving Credit Agreement (CML Group Inc)

Collateral Notes. Any promissory notes issued by one or more of the Borrowers in favor of BKB as agent under such notes, executed and delivered pursuant to ss.9.17ss.9.20, and assigned to the Administrative Agent, each of which such notes shall be secured by one of the Mortgages.

Appears in 1 contract

Sources: Revolving Credit Agreement (CML Group Inc)