Common use of Revolving Credit Loan Promissory Notes Clause in Contracts

Revolving Credit Loan Promissory Notes. The obligation of the Borrower to repay the Revolving Credit Loans to each Lender shall be evidenced by a Revolving Credit Note. The Borrower shall deliver a Revolving Credit Note on the date of Closing to each of the Lenders executed by an Authorized Officer of the Borrower, with the face amount of each of such Revolving Credit Notes to be in the amount of the Revolving Credit Commitment of the respective Lender.

Appears in 2 contracts

Samples: Credit Agreement (Martek Biosciences Corp), Credit Agreement (Martek Biosciences Corp)

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Revolving Credit Loan Promissory Notes. The obligation joint and several obligations of the Borrower Borrowers to repay the Revolving Credit Loans to each Lender shall be evidenced by a Revolving Credit Note. The Borrower Borrowers shall deliver a Revolving Credit Note on the date of Closing to each of the Lenders executed by an Authorized Officer of the each Borrower, with the face amount of each of such Revolving Credit Notes to be in the amount of the Revolving Credit Commitment of the respective Lender.

Appears in 1 contract

Samples: Credit Agreement (Lazydays Holdings, Inc.)

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Revolving Credit Loan Promissory Notes. The obligation of the Borrower to repay the Revolving Credit Loans to each Lender shall be is evidenced by a this Agreement and, if requested by any Lender holding Revolving Credit Note. The Borrower shall deliver Exposure, a Revolving Credit Note on the date of Closing to each of the Lenders executed by an Authorized Officer of the Borrower, (with the face amount of each of any such Revolving Credit Notes Note to be in the amount of the Revolving Credit Commitment of the respective applicable Lender).

Appears in 1 contract

Samples: Credit Agreement (CrossAmerica Partners LP)

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