Line of Credit Note definition

Line of Credit Note shall have the meaning given the term in Section 2.1.a.

Line of Credit Note means a note executed by Borrower in favor of Bank, substantially in the form of Exhibit A-1 attached hereto in the committed principal amount of Bank’s Line of Credit Commitment evidencing the obligation of Borrower to repay its Line of Credit Loans.

Line of Credit Note has the meaning ascribed thereto in Section 2.1(a) hereof.

Examples of Line of Credit Note in a sentence

• Borrower may from time to time during the term of the Line of Credit borrow, partially or wholly repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions contained herein or in the Line of Credit Note; provided however, that the total outstanding borrowings under the Line of Credit shall not at any time exceed the maximum principal amount available thereunder, as set forth above.

• Revolving Line of Credit Note issued by SigmaTron International, Inc.

• On December 29, 2014, the Company entered into to an Amended and Restated Committed Revolving Line of Credit Note (“the Line”) and a Second Amendment to the Loan Agreement with Santander Bank, N.A. (“Santander”).

• On December 30, 2010, the Company agreed to a new Revolving Line of Credit Note and Loan Agreement with Sovereign Bank, NA (“Sovereign”).

• Revolving Line of Credit Note, dated December 2, 1997, between Kolberg-Pioneer, Inc.

More Definitions of Line of Credit Note

Line of Credit Note has the meaning given to it in Section 1.1(a).

Line of Credit Note means either a US Line of Credit Note or Canadian Line of Credit Note, as the case may be.

Line of Credit Note means that certain Line of Credit Note of even date herewith from Borrower to Bank, in the principal amount of $100,000,000.00, and includes any amendment to or modification of such note and any promissory note given in extension or renewal of, or in substitution for, such note.

Line of Credit Note means the promissory note of even date herewith in the maximum principal amount of Two Million and 00/100 ($2,000,000.00) Dollars, as the same may be amended and/or restated from time to time.

Line of Credit Note means Borrower’s revolving promissory note evidencing its obligation to repay Line of Credit Advances, payable to the order of Bank in substantially the form of Exhibit A attached hereto, all terms of which are incorporated herein by this reference.

Line of Credit Note shall have the meaning set forth in Section 2.1 of this Agreement, together with all replacements, amendments and renewals thereof.

Line of Credit Note referred to in the Loan Agreement shall hereafter be deemed to refer to the Amended Note.