Common use of Revolving Credit Note Clause in Contracts

Revolving Credit Note. The obligation of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each Bank and to pay interest on the unpaid principal amount thereof is evidenced in part by the Revolving Credit Notes of the Borrower. Each Revolving Credit Note shall be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower to the Banks on the Closing Date.

Appears in 3 contracts

Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)

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Revolving Credit Note. The obligation obligations of the Borrower Borrowers to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower Borrowers by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the BorrowerBorrowers, dated the Closing Date, in substantially the form of Exhibit 2.01(b) attached hereto and made a part hereof, with the blanks appropriately filled. Each The executed Revolving Credit Note shall be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower Borrowers to the Banks Bank on the Closing Date.

Appears in 3 contracts

Samples: Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.)

Revolving Credit Note. The obligation obligations of the Borrower Borrowers to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower Borrowers by each Bank the Lender and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note shall be payable Borrowers dated the Closing Date, in substantially the form attached as Exhibit "A" to this Agreement, with the order of a Bank in a principal amount equal to such Bank's Commitmentblanks appropriately filled. The executed Revolving Credit Notes Note will be delivered by the Borrower Borrowers to the Banks Lender on the Closing Date.

Appears in 2 contracts

Samples: Shortfall Loan Agreement (Uni Marts Inc), Loan Agreement (Uni Marts Inc)

Revolving Credit Note. The obligation obligations of the Borrower Borrowers to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower Borrowers by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the BorrowerBorrowers, dated the Closing Date, in substantially the form of Exhibit “A” attached hereto and made a part hereof, with the blanks appropriately filled. Each The executed Revolving Credit Note shall be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower Borrowers to the Banks Bank on the Closing Date.

Appears in 2 contracts

Samples: Loan Agreement (Igate Corp), Loan Agreement (Igate Corp)

Revolving Credit Note. The obligation of the Borrower to repay the unpaid Revolving Credit Loans and interest thereon shall be evidenced by the Revolving Credit Note executed by the Borrower, payable to the order of the Lender in the principal amount of the Revolving Credit Loans made to the Borrower by each Bank Commitment as originally in effect and to pay interest on the unpaid principal amount thereof is evidenced in part by the Revolving Credit Notes dated of the Borrowereven date herewith. Each The Revolving Credit Note shall in any event, subject to prior acceleration, be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower to the Banks full on the Closing Termination Date.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Zimmerman Sign Co), Credit Agreement (Zimmerman Sign Co)

Revolving Credit Note. The obligation obligations of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to it by the Borrower by each Bank and to pay interest on the unpaid principal amount thereof is thereon shall be evidenced in part by a promissory note of the Borrower to the Bank dated the Closing Date (the "Revolving Credit Notes of Note") in substantially the Borrower. Each Revolving Credit Note shall be form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of a the Bank in a principal face amount equal to such Bank's Commitment. The executed the Revolving Credit Notes will be delivered by the Borrower to the Banks on the Closing DateCommitted Amount.

Appears in 1 contract

Samples: Credit Agreement (Oakhurst Co Inc)

Revolving Credit Note. The obligation obligations of the Borrower Borrowers to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower Borrowers by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the a Revolving Credit Notes Note of the BorrowerBorrowers, dated the Closing Date, in form and substance satisfactory to the Bank. Each The executed Revolving Credit Note shall be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower Borrowers to the Banks Bank on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Liberated Syndication Inc.)

Revolving Credit Note. The obligation obligations of the Borrower Borrowers to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower Borrowers by each Bank the Lender and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note shall be payable Borrowers dated the Closing Date, in substantially the form attached as Exhibit “A” to this Agreement, with the order of a Bank in a principal amount equal to such Bank's Commitmentblanks appropriately filled. The executed Revolving Credit Notes Note will be delivered by the Borrower Borrowers to the Banks Lender on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Ultralife Corp)

Revolving Credit Note. The obligation obligations of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note shall be payable to , dated the order of a Bank in a principal amount equal to such Bank's CommitmentClosing Date. The executed Revolving Credit Notes will Note shall be delivered by the Borrower to the Banks Bank on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Ansoft Corp)

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Revolving Credit Note. The obligation of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of Borrower dated the Borrower. Each Revolving Credit Note shall be payable Closing Date, in substantially the form attached as Exhibit "A" to this Agreement with the order of a Bank in a principal amount equal to such Bank's Commitmentblanks appropriately filled. The executed Revolving Credit Notes Note will be delivered by the Borrower to the Banks Bank on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Tuscarora Inc)

Revolving Credit Note. The obligation obligations of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each the Bank and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note shall be payable Borrower dated the date of this Agreement in substantially the form attached as Exhibit “A” to this Agreement, with the order of a Bank in a principal amount equal to such Bank's Commitmentblanks appropriately filled. The executed Revolving Credit Notes Note will be delivered by the Borrower to the Banks Bank on the Closing Date.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Ipec Holdings Inc)

Revolving Credit Note. The obligation obligations of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each Bank the Lender and to pay interest on the unpaid principal amount thereof is will be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note shall be payable Borrower dated the Closing Date, in substantially the form attached as Exhibit "B" to this Agreement, with the order of a Bank in a principal amount equal to such Bank's Commitmentblanks appropriately filled. The executed Revolving Credit Notes Note will be delivered by the Borrower to the Banks Lender on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Sylvan Inc)

Revolving Credit Note. The obligation joint and several obligations of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each Bank and to pay interest on the unpaid principal amount thereof is evidenced in part by the Revolving Credit Notes of the Borrower. Each Revolving Credit Note shall be payable to the order of a Bank in a principal amount equal to such Bank's Commitment. The executed Revolving Credit Notes will be delivered by the Borrower to the Banks on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Matthews International Corp)

Revolving Credit Note. The obligation of the Borrower to repay the unpaid principal amount of the Revolving Credit Loans made to the Borrower by each Bank the Lender and to pay interest on the unpaid principal amount thereof is shall be evidenced in part by the Revolving Credit Notes Note of the Borrower. Each Revolving Credit Note , dated the Closing Date, which shall be payable in form and substance satisfactory to the order of a Bank in a principal amount equal to such Bank's CommitmentLender. The executed Revolving Credit Notes will Note shall be delivered by the Borrower to the Banks Lender on the Closing Date.

Appears in 1 contract

Samples: Revolving Credit Note (Southern First Bancshares Inc)

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