Examples of Existing Revolving Note in a sentence
The bank can be established by subscribing new capital, issuing share, accepting share orders and restructuring /acquiring, merging, segregating, separating and transforming/ in accordance with the articles 13 and 18 of the Company's Law of Mongolia.
This Agreement amends and restates the Original Agreement and the Revolving Note constitutes a renewal and restatement of, and a replacement and substitution for, the Existing Revolving Note.
The indebtedness evidenced by the Existing Revolving Note is continuing indebtedness evidenced by the Revolving Note and nothing herein shall be deemed to constitute a payment, settlement or novation of the Existing Revolving Note, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Bank against any collateral therefor or any guarantor, surety or other party primarily or secondarily liable for such indebtedness.
The indebtedness evidenced by the Existing Revolving Note is continuing indebtedness evidenced by the Revolving Credit Note and nothing herein shall be deemed to constitute a payment, settlement or novation of the Existing Revolving Note, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Bank against any collateral therefor or any guarantor, surety or other party primarily or secondarily liable for such indebtedness.
Borrowings under the Line are currently evidenced by a $3,000,000.00 promissory note, dated June 28, 2002 ("Existing Revolving Note").