Examples of New Term Loan Note in a sentence
The provisions of the New Term Loan Note are incorporated herein by reference.
The New Term Loan Note shall be issued in substitution of the New Line of Credit Note, and from and after July 15, 1997, the payment of the unpaid principal amount outstanding under the New Line shall be governed by the terms of the New Term Loan Note; provided, however, that the substitution of the New Term Loan Note for the New Line of Credit Note as aforesaid shall not be intended to repay the New Line of Credit Note or constitute an extinguishment of any debt evidenced by the New Line of Credit Note.
On July 15, 1997, the Borrower shall execute and deliver to the Bank a note in the form attached hereto as Exhibit "B" (the "New Term Loan Note") as evidence of Term Loan.
Stage inspection shall be carried out by the inspecting officers of the PSTCL or its nominated agency during the course of manufacture.
Interest on the New Line of Credit Note and the New Term Loan Note.