Common use of Revolving Loan Notes Clause in Contracts

Revolving Loan Notes. The obligation of Borrower to repay the Revolving Loans made by each Bank and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note in the form of Exhibit D (individually, a "Revolving Loan Note") which note shall be (i) payable to the order of such Bank, (ii) in the amount of such Bank's Revolving Loan Commitment, (iii) dated the Effective Date and (iv) otherwise appropriately completed. Borrower authorizes each Bank to record on the schedule annexed to such Bank's Revolving Loan Note the date and amount of each Revolving Loan made by such Bank and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted, provided that a failure to so record shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit Document. Borrower further authorizes each Bank to attach to and make a part of such Bank's Revolving Loan Note continuations of the schedule attached thereto as necessary.

Appears in 3 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Revolving Loan Notes. The obligation of Borrower to repay the If any Lender so requests, such Lender’s Revolving Loans made by each Bank and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note in the form of Exhibit D E (individually, a "Revolving Loan Note") which note shall be (i) payable to the order of such BankLender, (ii) in the amount of such Bank's Revolving Loan Lender’s Commitment, (iii) dated the Effective Closing Date and (iv) otherwise appropriately completed. The Borrower authorizes each Bank Lender to record on the schedule annexed to such Bank's Lender’s Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by the Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters notednoted (in the absence of manifest error); provided, provided however, that any failure by a failure Lender to so record make, or any error by any Lender in making, any such notation shall not affect the Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit Document’s Obligations. The Borrower further authorizes each Bank Lender to attach to and make a part of such Bank's Lender’s Revolving Loan Note continuations of the schedule attached thereto as necessary.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Wild Oats Markets Inc)

Revolving Loan Notes. The obligation of Borrower to repay the If any Lender so requests, such Lender’s Revolving Loans made by each Bank and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note notes in the form of Exhibit D H (individually, a "Revolving Loan Note") which note notes shall be (i) payable to the order of such BankLender, (ii) in the amount of such Bank's Revolving Loan Lender’s Commitment, (iii) dated the Effective Date date of this Agreement and (iv) otherwise appropriately completed. Borrower authorizes each Bank Lender to record on the schedule annexed to such Bank's Lender’s applicable Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted; provided, provided however, that any failure by a failure Lender to so record make, or any error by any Lender in making, any such notation shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit Document’s Obligations. Borrower further authorizes each Bank Lender to attach to and make a part of such Bank's Lender’s Revolving Loan Note Notes continuations of the schedule attached thereto as necessary.. (c)

Appears in 1 contract

Samples: Credit Agreement (Adobe Systems Inc)

Revolving Loan Notes. The obligation of Borrower to repay the If any Lender so requests, such Lender's Revolving Loans made by each Bank and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note notes in the form of Exhibit D F (individually, a "Revolving Loan Note") which note notes shall be (i) payable to the order of such BankLender, (ii) in the amount of such BankLender's Revolving Loan Commitment, (iii) dated the Effective Date and (iv) otherwise appropriately completed. Borrower authorizes each Bank Lender to record on the schedule annexed to such BankLender's applicable Revolving Loan Note the date and amount of each applicable Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted; provided, provided however, that any failure by a failure Lender to so record make, or any error by any Lender in making, any such notation shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit DocumentObligations. Borrower further authorizes each Bank Lender to attach to and make a part of such BankLender's Revolving Loan Note Notes continuations of the schedule attached thereto as necessary.

Appears in 1 contract

Samples: Credit Agreement (Veritas Software Corp /De/)

Revolving Loan Notes. The obligation of Borrower to repay the Revolving Loans made by each Bank and Lender pursuant to pay interest thereon at the rates provided herein Section 2.1 shall be evidenced by a promissory note in the form of Exhibit D (individually, a "Revolving Loan Note") which note Note executed by the Borrower. The Revolving Loan Notes shall have appropriate insertions and be (i) payable to the order of such BankLender. Each Revolving Loan Note shall (a) be dated the Closing Date, (iib) in represent the obligation of the Borrower to pay the amount of such BankLender's Revolving Loan Credit Commitment, (iiic) dated be stated to mature on the Effective Date Revolving Credit Maturity Date, (d) provide for the payment of principal and interest in accordance with Section 5.3, and (ive) otherwise appropriately completedbe entitled to the benefits of this Agreement and the Senior Security Documents. Borrower authorizes each Bank Each Lender is hereby authorized to record on the schedule annexed to such Bank's Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender, the date and amount of each payment or prepayment repayment of principal thereon of the Revolving Loans made by the Borrower, on the schedules annexed to and agrees that all constituting a part of the Revolving Loan Notes held by such notations Lender, and any such recordation shall constitute prima facie evidence of the matters notedaccuracy of the information so recorded; provided, provided that a the failure by any Lender to so record make any such recordation shall not limit or otherwise affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other the Credit Document. Borrower further authorizes each Bank to attach to and make a part of such Bank's Revolving Loan Note continuations Obligations of the schedule attached thereto as necessaryBorrower.

Appears in 1 contract

Samples: Credit Agreement (American Rock Salt Co LLC)

Revolving Loan Notes. The obligation of Borrower to repay the Revolving Loans made by each Bank and Lender pursuant to pay interest thereon at the rates provided herein Section 2.1 shall be evidenced by a promissory note in the form of Exhibit D (individually, a "Revolving Loan Note") which note Note executed by the Borrower. The Revolving Loan Notes shall have appropriate insertions and be (i) payable to the order of such BankLender. Each Revolving Loan Note shall (a) be dated the Closing Date, (iib) in represent the obligation of the Borrower to pay the amount of such Bank's Lender’s Revolving Loan Credit Commitment, (iiic) dated be stated to mature on the Effective Date Revolving Credit Maturity Date, (d) provide for the payment of principal and interest in accordance with Section 5.3, and (ive) otherwise appropriately completedbe entitled to the benefits of this Agreement and the Senior Security Documents. Borrower authorizes each Bank Each Lender is hereby authorized to record on the schedule annexed to such Bank's Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender, the date and amount of each payment or prepayment repayment of principal thereon of the Revolving Loans made by the Borrower, on the schedules annexed to and agrees that all constituting a part of the Revolving Loan Notes held by such notations Lender, and any such recordation shall constitute prima facie evidence of the matters notedaccuracy of the information so recorded; provided, provided that a the failure by any Lender to so record make any such recordation shall not limit or otherwise affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other the Credit Document. Borrower further authorizes each Bank to attach to and make a part of such Bank's Revolving Loan Note continuations Obligations of the schedule attached thereto as necessaryBorrower.

Appears in 1 contract

Samples: Credit Agreement (American Rock Salt Co LLC)

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Revolving Loan Notes. The obligation of Borrower to repay the -------------------- Revolving Loans made by each Bank Lender and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note in the form of Exhibit D D-1 (individually, a "Revolving Loan Note") which note Revolving ----------- ------------------- Loan Note shall be (i) payable to the order of such BankLender, (ii) in the amount of such BankLender's Revolving Loan Commitment, (iii) dated the Effective Closing Date and (iv) otherwise appropriately completed. Borrower authorizes each Bank Lender to record on the schedule annexed to such BankLender's Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted; provided, provided however, that any failure by a failure Lender to so record make any -------- -------- such notation shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit Documentthe Obligations. Borrower further authorizes each Bank Lender to attach to and make a part of such BankLender's Revolving Loan Note continuations of the schedule attached thereto as necessary.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Revolving Loan Notes. The obligation of Borrower to repay the If any Lender so requests, such Lender's Revolving Loans made by each Bank and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note notes in the form of Exhibit D F (individually, a "Revolving Loan Note") which note notes shall be (i) payable to the order of such BankLender, (ii) in the amount of such BankLender's Revolving Loan Commitment, (iii) dated the Effective Closing Date and (iv) otherwise appropriately completed. Borrower authorizes each Bank Lender to record on the schedule annexed to such BankLender's applicable Revolving Loan Note the date and amount of each applicable Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted; provided, provided however, that any failure by a failure Lender to so record make, or any error by any Lender in making, any such notation shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit DocumentObligations. Borrower further authorizes each Bank Lender to attach to and make a part of such BankLender's Revolving Loan Note Notes continuations of the schedule attached thereto as necessary.

Appears in 1 contract

Samples: Credit Agreement (Veritas Software Corp /De/)

Revolving Loan Notes. The obligation of Borrower to repay the Revolving Loans made by each Bank Lender and to pay interest thereon at the rates provided herein shall be evidenced by a promissory note in the form of Exhibit D (individually, a "Revolving Loan Note") which note shall be (i) payable to the order of such BankLender, (ii) in the amount of such BankLender's Revolving Loan Commitment, (iii) dated the Effective Date and (iv) otherwise appropriately completed. Borrower authorizes each Bank Lender to record on the schedule annexed to such BankLender's Revolving Loan Note the date and amount of each Revolving Loan made by such Bank Lender and of each payment or prepayment of principal thereon made by Borrower, and agrees that all such notations shall constitute prima facie evidence of the matters noted, provided that a failure to so record shall not affect Borrower's obligations to repay each Revolving Loan, interest thereon and all other amounts payable hereunder, under such Revolving Loan Note or under any other Credit Document. Borrower further authorizes each Bank Lender to attach to and make a part of such BankLender's Revolving Loan Note continuations of the schedule attached thereto as necessary.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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