Factual Background. A. Under a Master Revolving Line of Credit Construction Loan Agreement dated as of April 18, 2001 (the "Loan Agreement"), Bank entered with Borrower a construction revolving line of credit loan in the maximum principal amount of Fifty Million and no/100 Dollars ($50,000,000) (the "RLC" or the "RLC Loan"). The RLC Loan is evidenced by a promissory note dated as of April 18, 2001 payable by Borrower to Bank, in the amount of $50,000,000 (the "RLC Note").
Appears in 3 contracts
Samples: Modification Agreement (Zenith National Insurance Corp), Modification Agreement (Zenith National Insurance Corp), Modification Agreement (Zenith National Insurance Corp)
Factual Background. A. Under a Master Revolving Line of Credit Construction Loan Agreement dated as of April 18, 2001 (the "Loan Agreement"), Bank entered with Borrower into a construction revolving line Construction Revolving Line of credit loan Credit Loan in the maximum principal amount of Fifty Million and no/100 Dollars ($50,000,000) (the "RLC" or the "RLC Loan"). The RLC Loan is evidenced by a promissory note Promissory Note dated as of April 18, 2001 payable by Borrower to Bank, in the amount of $50,000,000 (the "RLC Note").
Appears in 1 contract
Samples: Modification Agreement (Zenith National Insurance Corp)
