Common use of Renewal Note Clause in Contracts

Renewal Note. This note renews, increases the amount of and modifies the terms of the promissory note executed by Borrower dated July 26, 2000 in the principal amount of $20,000,000, but shall not be deemed to be a replacement for or to constitute a novation of such note.

Renewal Note. This note renews, increases the amount of and modifies the terms of the promissory note executed by Borrower dated July 26November 9, 2000 2000, in the principal amount of $20,000,00027,500,000, but shall not be deemed to be a replacement for or to constitute a novation of such note.. PROMISSORY NOTE - 4