Common use of Notes; Repayment of Loans Clause in Contracts

Notes; Repayment of Loans. (a) All Loans made by a Lender to the Borrower shall be evidenced by a single Note, duly executed on behalf of the Borrower, dated the Closing Date, in substantially the form of Exhibit A annexed hereto, delivered and payable to such Lender in a principal amount equal to its Commitment on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Code Alarm Inc), Credit Agreement (Pegasus Investors L P)

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Notes; Repayment of Loans. (a) All Loans The Term Loan if and when made by a Lender to the Borrower shall be evidenced by a single Term Note, duly executed on behalf of the Borrower, dated the Closing Datedate such Loan is made, in substantially the form of Exhibit A annexed hereto, delivered and payable to such Lender in a principal amount equal to its Term Loan Commitment on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Airxcel Inc)

Notes; Repayment of Loans. (a) All Loans made by a Lender to the Borrower Borrowers shall be evidenced by a single Note, duly executed on behalf of the BorrowerBorrowers, dated the Initial Closing Date, in substantially the form of Exhibit A annexed hereto, delivered and payable to such Lender in a principal amount equal to its Commitment in respect of the Borrowers on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Supermarket Cigarette Sales Inc)

Notes; Repayment of Loans. (a) All Loans made by a ------------------------- Lender to the Borrower shall be evidenced by a single Note, duly executed on behalf of the BorrowerBorrowers, dated the Closing Effective Date, in substantially the form of Exhibit A annexed hereto, and delivered and jointly and severally payable to such Lender in a principal amount equal to its Commitment Credit Exposure on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Date.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

Notes; Repayment of Loans. (a) All Loans The Loan made by a Lender to the Borrower shall be evidenced by a single Note, each duly executed on behalf of by the Borrower, dated the Closing DateEffective Date (or, in substantially the form case of Exhibit A annexed heretothe Loan made by any Additional Lender, the effective date of the Joinder Agreement of such Additional Lender) and delivered to and made payable to the order of such Lender in a principal amount equal to its Commitment on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination DateLender's Commitment.

Appears in 1 contract

Samples: Financing Agreement (Starband Communications Inc)

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Notes; Repayment of Loans. (a) All Loans The Term Loan made by a Lender to on the Borrower Closing Date shall be evidenced by a single Term Note, duly executed on behalf of the BorrowerBorrowers, dated the Closing Date, in substantially the form of Exhibit A annexed hereto, delivered and payable to such Lender in a principal amount equal to its Term Loan Commitment on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Airxcel Inc)

Notes; Repayment of Loans. (a) All Loans made by a Lender to the Borrower Borrowers shall be evidenced by a single Note, duly executed on behalf of the BorrowerBorrowers, dated the Initial Closing Date, in substantially the form of Exhibit A annexed hereto, delivered and payable to such Lender in a principal amount equal to its Commitment in respect of the Borrowers on such date. The outstanding balance of each Loan, as evidenced by any such Note, shall mature and be due and payable on the Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jitney Jungle Stores of America Inc /Mi/)

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