Common use of Renewal and Extension Clause in Contracts

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Line of Credit Note dated June 30, 2004 executed by the Borrower in the original principal amount of Twenty Million and 00/100 Dollars ($20,000,000.00), including previous renewals or modifications thereof, if any (the “Prior Note”), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the Bank.

Appears in 1 contract

Samples: Note Modification Agreement (Flexsteel Industries Inc)

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Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Line of Revolving Credit Note dated June 30January 28, 2004 2000 executed by the Borrower in the original principal amount of Twenty Ten Million and 00/100 Dollars ($20,000,000.0010,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the BankApril 11, 2003.

Appears in 1 contract

Samples: Credit Facilities (Patrick Industries Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Line of Credit Note dated June 30May 31, 2004 2003 executed by the Borrower in the original principal amount of Twenty Two Million Five Hundred Thousand and 00/100 Dollars ($20,000,000.002,500,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the BankJune 30, 2004.

Appears in 1 contract

Samples: Logo) Credit Agreement (Taser International Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Line of Promissory Note (Revolving Credit Note Note) dated June 30February 1, 2004 2003 executed by the Borrower in the original principal amount of Twenty One Million and 00/100 Dollars ($20,000,000.001,000,000.00), including previous renewals or modifications thereof, if any (the “Prior Note”), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the BankFebruary 1,2005.

Appears in 1 contract

Samples: U S Global Investors Inc

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Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that those Line of Credit Note Notes dated June 30May 31, 2004 2002 executed by the Borrower in the original principal amount of Twenty One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00) and One Million and 00/100 Dollars ($20,000,000.001,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the BankMay 31, 2003.

Appears in 1 contract

Samples: Credit Agreement (Taser International Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Line of Credit Note dated June 30April 13, 2004 executed by the Borrower in the original principal amount of Twenty Fifteen Million and 00/100 Dollars ($20,000,000.0015,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on the date that this Note has been executed by all of the signers and delivered to the Bank.

Appears in 1 contract

Samples: Patrick Industries Inc

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