Common use of New Note Clause in Contracts

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20, 2003 in the principal amount of $7,500,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20May 16, 2003 in the principal amount of $7,500,000 2,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,0003,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20September 13, 2003 2004 in the principal amount of $7,500,000 8,000,000 (the “"Previous Note”"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,000, 15,000,000 dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “"New Note”") which shall substitute for the Bank’s 's Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20February 27, 2003 2004 in the principal amount of $7,500,000 6,800,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,00010,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 203, 2003 2005 in the principal amount of $7,500,000 11,500,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,00013,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20November 26, 2003 in the principal amount of $7,500,000 4,800,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,0006,800,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Harris Trust and Savings Bank dated as of June 20August 14, 2003 in the principal prxxxxxxl amount of $7,500,000 3,300,000 (the “"Previous Note”"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,0004,800,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “"New Note”") which shall substitute for the Bank’s 's Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 2013, 2003 in the principal amount of $7,500,000 3,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,0007,500,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of June 20August 14, 2003 in the principal amount of $7,500,000 4,200,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,0001,200,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement shall be deemed references to the New Note.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Harris Trust and Savings Bank dated as of June 20February 16, 2003 2005 in the principal xxxxxxpal amount of $7,500,000 10,000,000 (the “"Previous Note”"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $3,300,00011,500,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “"New Note”") which shall substitute for the Bank’s 's Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.