Common use of Term Notes Clause in Contracts

Term Notes. The Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with the terms of, a Term Note payable to the order of such Lender in the amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note shall be dated the Closing Date or such later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrowers.

Appears in 2 contracts

Sources: Credit Agreement (Giant Cement Holding Inc), Credit Agreement (Giant Cement Holding Inc)

Term Notes. The portion of the Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowersBorrower.

Appears in 2 contracts

Sources: Credit Agreement (Ameristeel Corp), Credit Agreement (Coca Cola Bottling Group Southwest Inc)

Term Notes. The Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note Notes payable to the order of such each Lender in the respective amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowersBorrower.

Appears in 2 contracts

Sources: Credit Agreement (Bolle Inc), Credit Agreement (Bec Group Inc)

Term Notes. The portion of the Term Loan Loans made by each Lender shall be evidenced by, and be repayable with interest in accordance with the terms of, by a Term A Note and a Term B Note, each payable to the order of such Lender in the respective amount of its Applicable Term A Loan Commitment Percentage of the Total and Term B Loan Commitment, respectively, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowersBorrower.

Appears in 2 contracts

Sources: Credit Agreement (Uti Corp), Credit Agreement (Uti Corp)

Term Notes. The portion of the Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrowers.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (River Oaks Furniture Inc)

Term Notes. The portion of the Term Loan made by each Term Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrowers.

Appears in 1 contract

Sources: Credit Agreement (Stewart Enterprises Inc)

Term Notes. The portion of the Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later 38 45 date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowersBorrower.

Appears in 1 contract

Sources: Credit Agreement (Insteel Industries Inc)

Term Notes. The portion of each of the Term Loan made by each Lender shall be evidenced by, and be repayable with interest in accordance with by the terms of, a Term Note payable to the order of such Lender in the amount respective amounts of its Applicable Commitment Percentage of the Total Term Loan Commitment, which Term Note Notes shall be dated the Closing Date or such a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowersBorrower.

Appears in 1 contract

Sources: Credit Agreement (Walter Industries Inc /New/)