Common Contracts

2 similar Promissory Note contracts by Ascendant Solutions Inc

PROMISSORY NOTE (Revolving) $2,250,000.00 Dallas, Texas August 29, 2007
Promissory Note • August 30th, 2007 • Ascendant Solutions Inc • Services-business services, nec

This Note is the Revolving Note provided for in the Agreement. Maker may prepay the principal of this Note upon the terms and conditions specified in the Agreement. Maker may borrow, repay, and reborrow hereunder upon the terms and conditions specified in the Agreement. A Borrowing Base is provided in the Agreement and the maximum amount outstanding under this Note shall not exceed the Borrowing Base. If the amount outstanding exceeds the Borrowing Base, Maker shall make a principal payment in an amount sufficient to reduce the outstanding principal amount to the amount of the Borrowing Base as provided in the Agreement.

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PROMISSORY NOTE (Revolving)
Promissory Note • February 26th, 2007 • Ascendant Solutions Inc • Services-business services, nec

This Note is the Revolving Note provided for in the Agreement. Maker may prepay the principal of this Note upon the terms and conditions specified in the Agreement. Maker may borrow, repay, and reborrow hereunder upon the terms and conditions specified in the Agreement. A Borrowing Base is provided in the Agreement and the maximum amount outstanding under this Note shall not exceed the Borrowing Base. If the amount outstanding exceeds the Borrowing Base, Maker shall make a principal payment in an amount sufficient to reduce the outstanding principal amount to the amount of the Borrowing Base as provided in the Agreement.

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