Common use of Renewal Notes Clause in Contracts

Renewal Notes. In furtherance of the foregoing transactions, the Company shall execute and deliver to each of the Lenders its replacement promissory notes dated the Amendment Effective Date in the form of Annexes "A-1" through "A-8" attached hereto ("Renewal Notes"). The principal amount of each Renewal Note delivered to each Lender shall equal such Lender's Maximum Loan Amount. The Renewal Notes shall, upon acceptance by the Lenders, and as of the Amendment Effective Date constitute replacements and substitutions for the Notes delivered pursuant to the Credit Agreement. All references in the Credit Agreement and the other Loan Documents to the Notes shall, from and after the Amendment Effective Date, be deemed to refer to the Renewal Notes, the same as if such Renewal Notes were the Notes defined, described and referred to in the Credit Agreement.

Renewal Notes. In furtherance of the foregoing transactions, the Company shall execute and deliver to each of the Lenders its replacement promissory notes dated the Amendment Effective Date in the form of Annexes "“A-1" ” through "“A-8" ” attached hereto ("“Renewal Notes"”). The principal amount of each Renewal Note delivered to each Lender shall equal such Lender's ’s Maximum Loan Amount. The Renewal Notes shall, upon acceptance by the Lenders, and as of the Amendment Effective Date constitute replacements and substitutions for the Notes delivered pursuant to the Credit Agreement. All references in the Credit Agreement and the other Loan Documents to the Notes shall, from and after the Amendment Effective Date, be deemed to refer to the Renewal Notes, the same as if such Renewal Notes were the Notes defined, described and referred to in the Credit Agreement.