Revolving Line Of Credit Note Sample Contracts

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Rocky Mountain Chocolate Factory – Revolving Line of Credit Note (October 10th, 2017)

FOR VALUE RECEIVED, the undersigned ROCKY MOUNTAIN CHOCOLATE FACTORY, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at C7300-081, 1700 Lincoln Street, 8th Floor, Suite 800, Denver, CO 80203, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Five Million Dollars ($5,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (September 7th, 2017)

FOR VALUE RECEIVED, the undersigned THE BUCKLE, INC. and BUCKLE BRANDS, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC: N8069-020, 13625 California Street, 2nd Floor, Omaha, Nebraska 68154 or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Twenty-Five Million Dollars ($25,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Cui Global Inc – Revolving Line of Credit Note (August 9th, 2017)

FOR VALUE RECEIVED, the undersigned CUI, INC. and CUI-CANADA, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC P6101-250, 1300 SW 5th Avenue, 25th Floor, Portland, Oregon 97201, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Four Million Dollars ($4,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Flexsteel Industries, Inc. – Revolving Line of Credit Note (June 30th, 2017)

FOR VALUE RECEIVED, the undersigned FLEXSTEEL INDUSTRIES, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC F8311-012, 104 West 2nd Street, 1st Floor, Suite 1B, Davenport, Iowa 52801 or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (May 15th, 2017)

FOR VALUE RECEIVED, the undersigned NATURAL ALTERNATIVES INTERNATIONAL, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC E2413-010, 5901 Priestly Dr., Ste. 130, Carlsbad, California 92008, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Great Plains Holdings, Inc. – Revolving Line of Credit Note (May 15th, 2017)

FOR VALUE RECEIVED, Jerrick Media Holdings, Inc., a Nevada corporation ("Borrower") promises to pay to Grawin LLC., a New York limited liability company (the "Lender"), or to order, the principal sum of One Hundred Thirty Thousand Dollars ($130,000) or the aggregate unpaid principal amount of all advances made by Lender to Borrower pursuant to the terms of a Revolving Line of Credit Agreement (the "Loan Agreement") of even date herewith, whichever is less, together with interest thereon from the date each advance is made until paid in full, at an interest rate of eighteen percent (18%) simple interest per annum (the "Interest Rate"). Interest will be calculated on a basis of a 360-day year and charged for the actual number of days elapsed.

Revolving Line of Credit Note (May 1st, 2017)

This Note amends, restates and supersedes in its entirety that certain Revolving Line of Credit Note in the original principal amount of One Hundred Million Dollars ($100,000,000.00), executed by Borrower in favor of Bank and dated as of May 2, 2016 (the "Prior Note"), as such may have been amended or modified from time to time prior to the date hereof. All amounts outstanding, if any, under the Prior Note are deemed to be outstanding under this Note.

Revolving Line of Credit Note (Variable Maximum) (March 29th, 2017)

FOR VALUE RECEIVED, the undersigned ROANOKE GAS COMPANY ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC R4046-080, 10 South Jefferson Street, 8th Floor, Roanoke, Virginia 24011-1331, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Thirty Million Dollars ($30,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Non-Revolving Line of Credit Note (March 9th, 2017)

FOR VALUE RECEIVED, WEST LAKE WATER PROJECT LLC, a Vermont limited liability company with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 (the "Borrower"), hereby promises to pay to Carinthia Group 1, L.P., a Vermont limited partnership with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 and Carinthia Group 2, L.P., a limited partnership organized under the laws of the State of Vermont ("Carinthia 2") with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 (Carinthia 1 and Carinthia 2 each referred to individually as a "Lender" and collectively as "Lender"), in accordance with each Lender's proportionate interest set forth on Schedule 1 attached hereto, or order, the principal sum of $30,000,000 or such lesser amount as shall have been advanced and remain outstanding under the terms of the Agreement defined below (the "Principal Sum"), together with accrued interest thereon, in the manner and

Non-Revolving Line of Credit Note (March 9th, 2017)

FOR VALUE RECEIVED, CARINTHIA SKI LODGE LLC, a Vermont limited liability company with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 (the "Borrower"), hereby promises to pay to Carinthia Group 1, L.P., a Vermont limited partnership with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 and Carinthia Group 2, L.P., a limited partnership organized under the laws of the State of Vermont ("Carinthia 2") with a principal place of business at 89 Grand Summit Way, West Dover, Vermont 05356 (Carinthia 1 and Carinthia 2 each referred to individually as a "Lender" and collectively as "Lender"), in accordance with each Lender's proportionate interest set forth on Schedule 1 attached hereto, or order, the principal sum of $22,000,000 or such lesser amount as shall have been advanced and remain outstanding under the terms of the Agreement defined below (the "Principal Sum"), together with accrued interest thereon, in the manner and upon

Wytec International Inc – Revolving Line of Credit Note (January 10th, 2017)

FOR VALUE RECEIVED, Competitive Companies, Inc., a Nevada corporation (the "Borrower" or the "Maker"), hereby promises to pay to the order of Wytec International, Inc., a Nevada corporation ("Lender") at San Antonio, Texas, the principal sum equal to the amount outstanding from time to time indicated on Schedule A of this note (the "Note") reflecting advances made by the Lender to the Maker under this Note, not to exceed eight hundred dollars ($800,000), bearing simple interest on outstanding principal at the rate of five percent (5%) per annum, computed on the basis of the actual number of days elapsed in a year of 365 days, with all principal and all accrued but unpaid interest due and payable in full on demand (the "Maturity Date"). Repayments on this Note will be applied first to amounts owed pursuant to Section 6 of this Note, if any, then to accrued but unpaid interest, then to outstanding principal.

Amended and Restated Revolving Line of Credit Note (November 7th, 2016)

FOR VALUE RECEIVED, the undersigned SURMODICS, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at 400 Hamilton Avenue, Suite 210, Palo Alto, CA 94301, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Thirty Million Dollars ($30,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (September 2nd, 2016)

FOR VALUE RECEIVED, the undersigned CORVEL CORPORATION (Borrower) promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (Bank) at its office at MAC P6101-250, 1300 SW 5th Avenue, 25th Floor, Portland, Oregon 97201, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

This Amended and Restated Revolving Line of Credit Note Is Subject to Arbitration Pursuant to the Federal Arbitration Act And/Or Ss15-48-10 of the South Carolina Code of Laws (1976), as Amended. (August 22nd, 2016)

WHEREAS, Vicon Industries, Inc., a New York corporation, with a principal place of business at 135 Fell Court, Hauppauge, New York 11788 (the "Borrower"), executed that certain Revolving Line of Credit Note in the original principal amount of up to Three Million and No/100 Dollars ($3,000,000.00), dated as of March 4, 2016, in favor of NIL Funding Corporation, a Delaware corporation ("Lender") at its office at 4838 Jenkins Avenue, North Charleston, South Carolina 29405 (as amended by that certain Amendment to Revolving Line of Credit Note, dated as of May 18, 2016, the "Original Note").

This Revolving Line of Credit Note Is Subject to Arbitration Pursuant to the Federal Arbitration Act And/Or Ss15-48-10 of the South Carolina Code of Laws (1976), as Amended. (August 22nd, 2016)

This Note is subject to the terms and conditions set forth in that certain Amended and Restated Credit Agreement, of even date herewith, by and between Borrower and Lender, as applicable (the "Credit Agreement").

Flexsteel Industries, Inc. – Revolving Line of Credit Note (July 1st, 2016)

FOR VALUE RECEIVED, the undersigned FLEXSTEEL INDUSTRIES, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC N8200-026, 666 Walnut Street, 2nd Floor, Des Moines, Iowa 50309 or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding pursuant to the terms of the Credit Agreement, as defined herein, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (May 3rd, 2016)

This Note amends, restates and supersedes in its entirety that certain Revolving Line of Credit Note in the original principal amount of One Hundred Million Dollars ($100,000,000.00), executed by Borrower in favor of Bank and dated as of May 15, 2015 (the "Prior Note"), as such may have been amended or modified from time to time prior to the date hereof. All amounts outstanding, if any, under the Prior Note are deemed to be outstanding under this Note.

Revolving Line of Credit Note (Variable Maximum) (April 4th, 2016)

FOR VALUE RECEIVED, the undersigned ROANOKE GAS COMPANY ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC R4050-021, 201 South Jefferson Street, 2nd Floor, Roanoke, Virginia 24011-1701, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Twenty-Four Million Dollars ($24,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Fifth Amended and Restated Revolving Line of Credit Note (March 14th, 2016)

As used herein, the following terms shall have the meanings set forth after each such term, and any other defined term used in this Note shall, except as otherwise specifically stated, have the meaning ascribed thereto in that certain Third Amended and Restated Credit Agreement between Borrower and Bank dated as of October 31, 2014, as amended from time to time (the "Credit Agreement"):

Revolving Line of Credit Note (January 11th, 2016)

FOR VALUE RECEIVED, the undersigned CRAY INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC P6540-122, 999 3rd Avenue, 12th Floor, Seattle, Washington 98104, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Fifty Million Dollars ($50,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

S&W Seed Company – Ex-Im Working Capital Guarantee Revolving Line of Credit Note (September 28th, 2015)

This Note amends, restates and supersedes in its entirety that certain EX-IM Working Capital Guarantee Revolving Line of Credit Note in the maximum principal amount of Ten Million Dollars ($10,000,000.00), executed by Borrower in favor of Bank and dated February 27, 2015, as such may have been amended or modified from time to time prior to the date hereof.

S&W Seed Company – Revolving Line of Credit Note (September 28th, 2015)

This Note amends, restates and supersedes in its entirety that certain Revolving Line of Credit Note in the maximum principal amount of Four Million Dollars ($4,000,000.00), executed by Borrower in favor of Bank and dated February 27, 2015, as such may have been amended or modified from time to time prior to the date hereof.

Revolving Line of Credit Note (September 4th, 2015)

FOR VALUE RECEIVED, the undersigned CORVEL CORPORATION (Borrower) promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (Bank) at its office at MAC P6101-250, 1300 Southwest 5th Avenue, 25th Floor, Portland, Oregon 97201, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (July 31st, 2015)

FOR VALUE RECEIVED, the undersigned LINEAR TECHNOLOGY CORPORATION, a Delaware corporation ("Borrower"), promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at 121 South Market Street, Third Floor, San Jose, California, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of One Hundred Fifty Million Dollars ($150,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Eurosite Power Inc. – REVOLVING LINE OF CREDIT NOTE June 19, 2015 (July 9th, 2015)

FOR VALUE RECEIVED, and subject to the terms and conditions set forth herein,Eurosite Power Inc ., a Delaware Corporation with a principal business address of 45 First Avenue, Waltham, MA 02451 (the "Borrower"), hereby unconditionally promises to pay to the order of Elias Samaras of 83 Cambridge Parkway, Cambridge, MA 02142 (the "Noteholder", and together with the Borrower, the "Parties"), the principal amount of One Million Dollars ($1,000,000) (the "Maximum Revolving Credit"), or so much of the Maximum Revolving Credit as has been advanced from time to time by the Noteholder pursuant to Section 2.2 hereof, together with interest on all unpaid balances under this Revolving Line of Credit Note (as may be amended, modified or extended from time to time, this "Note") at the applicable interest rate set forth in this Note.

Pfenex Inc. – Amended and Restated Revolving Line of Credit Note (July 6th, 2015)

This Note amends, restates and supersedes in its entirety (a) that certain Revolving Line of Credit Note in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,000.00), executed by Borrower in favor of Bank and dated May 1, 2012, as such has been amended or modified from time to time prior to the date hereof, and (b) that certain Revolving Line of Credit Note in the original principal amount of Two Million Four Hundred Thousand Dollars ($2,400,000.00), executed by Borrower in favor of Bank and dated June 24, 2013, as such has been amended or modified from time to time prior to the date hereof.

Contract (June 18th, 2015)

PAYMENT OF THIS NON-REVOLVING LINE OF CREDIT NOTE AND THE RIGHTS AND REMEDIES OF THE NOTEHOLDER HEREOF ARE SUBJECT TO THE TERMS AND CONDITIONS OF A SUBORDINATION AGREEMENT DATED AS OF JUNE 15, 2015 AMONG THE BORROWER, THE NOTEHOLDER AND MICHAELSON CAPITAL SPECIAL FINANCE FUND LP. ANY SUCCESSORS AND ASSIGNS OF THE NOTEHOLDER HEREOF SHALL BE SUBJECT TO AND BOUND BY THE TERMS AND CONDITIONS OF SUCH SUBORDINATION AGREEMENT. A COPY OF SUCH SUBORDINATION AGREEMENT MAY BE OBTAINED, UPON WRITTEN REQUEST OF ANY NOTEHOLDER HEREOF, FROM TECOGEN INC.

America First Tax Exempt Investors, L.P. – Revolving Line of Credit Note (May 20th, 2015)

FOR VALUE RECEIVED, the undersigned AMERICA FIRST MULTIFAMILY INVESTORS, L.P., a Delaware limited partnership ("Borrower"), promises to pay to the order of BANKERS TRUST COMPANY ("Bank") at its office at 453 7th Street, Des Moines, Iowa 50309, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Fifty Million Dollars ($50,000,000), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

S&W Seed Company – Revolving Line of Credit Note (May 15th, 2015)

This Note amends, restates and supersedes in its entirety that certain Revolving Line of Credit Note in the maximum principal amount of Four Million Dollars ($4,000,000.00), executed by Borrower in favor of Bank and dated February 1, 2014, as such may have been amended or modified from time to time prior to the date hereof.

S&W Seed Company – Ex-Im Working Capital Guarantee Revolving Line of Credit Note (May 15th, 2015)

This Note amends, restates and supersedes in its entirety that certain EX-IM Working Capital Guarantee Revolving Line of Credit Note in the maximum principal amount of Ten Million Dollars ($10,000,000.00), executed by Borrower in favor of Bank and dated February 1, 2014, as such may have been amended or modified from time to time prior to the date hereof.

Wells Fargo Revolving Line of Credit Note (May 13th, 2015)

FOR VALUE RECEIVED, the undersigned Spine Pain Management lnc. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at Private Banking - Houston, 1000 Louisiana St 2nd Floor, Houston, TX 77002, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Two Million and 00/100 Dollars ($2,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Sixth Amended and Restated Revolving Line of Credit Note (April 23rd, 2015)

FOR VALUE RECEIVED, the undersigned MAXWELL TECHNOLOGIES, INC. ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at 10421 Wateridge Court, Suite 150, San Diego, CA 92121, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Ten Million Dollars ($10,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Pfenex Inc. – Revolving Line of Credit Note (April 15th, 2015)

FOR VALUE RECEIVED, the undersigned PFENEX INC. (Borrower) promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (Bank) at its office at 401 B. St., Suite 2201, San Diego, California 92101, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Two Million Four Hundred Thousand Dollars ($2,400,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Pfenex Inc. – Revolving Line of Credit Note (April 15th, 2015)

FOR VALUE RECEIVED, the undersigned PFENEX INC. (Borrower) promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (Bank) at its San Diego RCBO, 401 B Street, Suite 2201, San Diego, California 92101, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of One Million Five Hundred Thousand Dollars ($1,500,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.

Revolving Line of Credit Note (Variable Maximum) (April 3rd, 2015)

FOR VALUE RECEIVED, the undersigned ROANOKE GAS COMPANY ("Borrower") promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") at its office at MAC R4050-021, 201 South Jefferson Street, 2nd Floor, Roanoke, Virginia 24011, or at such other place as the holder hereof may designate, in lawful money of the United States of America and in immediately available funds, the principal sum of Twenty-Four Million Dollars ($24,000,000.00), or so much thereof as may be advanced and be outstanding, with interest thereon, to be computed on each advance from the date of its disbursement as set forth herein.